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Poultry Sector Gets Boost with N12.5bn CBN Largess

Poultry Sector Gets Boost with N12.5bn CBN Largess The Central Bank of Nigeria (CBN) has released the sum of N12.552 billion to large, medium and small-scale poultry farmers in the country as part of its strategy to boost egg and meat production as well as...

Banks’ Non-performing Loans Now N1.17trn – NBS

Banks’ Non-performing Loans Now N1.17trn – NBS         Non-performing loans in the Nigerian banking sector fell by N42.4bn in three months, latest figures from the National Bureau of Statistics have shown. According to figures obtained from the NBS’ latest Selected Banking Sector Data Report on Sunday, the...

Fed Govt Begins N30,000 Grants To Drivers, Cart Pushers

Fed Govt Begins N30,000 Grants To Drivers, Cart Pushers           The Federal Government has launched the transport support track under its MSME Survival Fund schemes for artisans and transporters. President’s spokesman, Laolu Akande, in a statement issued on Sunday, said the grant was in continuation of the...

Reps Agree With Senate, Approve N148bn Refund To Five States

Reps Agree With Senate, Approve N148bn Refund To Five States         The House of Representatives has approved the request of President Muhammadu Buhari, to refund a total sum of N148.14bn to five states. The approval, which was given by the House at the plenary on Wednesday, was...

Senate Okays FG’s N148.14bn Refund To Ondo, Osun, Others

Senate Okays FG’s N148.14bn Refund To Ondo, Osun, Others         The Senate on Tuesday approved the request of President Muhammadu Buhari’, seeking a refund of N148,141,969,161.24 to Ondo, Osun, Rivers, Bayelsa, and Cross River states. The amount was meant for projects they executed on behalf of the...

Fed Govt To Sell Geregu, 2 Plants For N434bn

Fed Govt To Sell Geregu, 2 Plants For N434bn       The Federal government has said it will sell the Geregu, Omotosho and Calabar power plants for N434 billion to investors next year. This is contained in a document presented by Alex Okoh, the Director-General, Bureau of Public...