Instant Payments, PoS Deals Hit N95.89trn In Eight Months
The value of transactions via the two digital payment platforms – Nigeria Interbank Settlement System Instant payment system and Point of Sales terminals – across the country rose to N95.89tn from January to August this year.
The...
FCT, Lagos, Ogun, May Lose N1.6trn To Lockdown
At least N1.62trn is expected to be lost in terms of monetary output by businesses and firms as a result of the two-week restriction of movement imposed on Lagos, Ogun and the Federal Capital Territory by the...
N5.48bn Agric Loans: Nasarawa, 2 Other States Get Lion Share
Nasarawa, Edo and Ogun states received the highest amount of loans for agriculture among the 36 states in the country and the Federal Capital Territory under the Agricultural Credit Guarantee Scheme of the Federal Government.
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Lagos, Three Other States Made N2.71trn IGR In 5years
Four states accounted for 60.22 per cent of the N4.5tn Internally Generated Revenue which accrued to the 36 states of the federation in five years. Four states of the federation – Lagos, Rivers, Ogun and Delta...
Petrolex Plans $3.6bn Oil Refinery For Ogun
Nigeria is set to get another new oil refinery as a government push to end fuel imports attracts investors to the industry.
Petrolex Oil & Gas Limited plans to build a $3.6bn plant with a capacity of 250,000 barrels...
Annual State Viability Index: 36 States Generate N801bn of IGR Against N2.6trn from Federation Account
Lagos Generates More IGR than 30 States Combined …
Economic Viable States: Lagos, Ogun, Rivers, Edo, Kwara and Delta States
Poor IGR States: Borno, Ebonyi, Kebbi, Jigawa
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