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Emefiele Faults Claims of Imbalance in Agric Interventions

Emefiele Faults Claims of Imbalance in Agric Interventions ...Tasks Stakeholders on Food Security The Governor, Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, has faulted claims in certain quarters suggesting that the Bank’s targeted interventions in the agricultural sector are tilted in favour of a certain...

67 Aggrieved Depositors Lodged N11.7bn Complaints Against Banks – CIBN

67 Aggrieved Depositors Lodged N11.7bn Complaints Against Banks – CIBN       The Chartered Institute of Bankers of Nigeria has said it received 67 petitions from depositors against banks in 2020, with claims totalling amounted to N11.7bn. The CIBN disclosed this in its 2020 annual report, which was...

States’ Cash Cruch: CBN Kicks As Govs Beg FG To Postpone $2.1bn Support Repayment

States’ Cash Cruch: CBN Kicks As Govs Beg FG To Postpone $2.1bn Support Repayment         State governors on Thursday at the monthly meeting of the National Economic Council appealed to the Federal Government to postpone the repayment of the $2.1bn budget support facility to states which...

FAAC Allocation In 2020 Not Bad

FAAC Allocation In 2020 Not Bad         Federation Accounts Allocation Committee (FAAC) revenue to the Federal Government, 36 states and 774 local governments fell by just five percent to N7.14 trillion in eleven months (January to November) from N7.46 trillion in the same period of 2019. Going...

Nigeria’s Duty-free Export To US Shrinks To $351.73m

Nigeria’s Duty-free Export To US Shrinks To $351.73m         Nigeria’s export to the United States under a duty-free policy declined in the first nine months of 2020, recording $351.73m from January to September. According to the latest African Growth and Opportunity Act policy trade statistics, exports to...

Average Price Per Litre Of Kerosene Increases In November – NBS

Average Price Per Litre Of Kerosene Increases In November - NBS         The average price per litre paid by consumers for National Household Kerosene increased to N353.38 in November from N352.93 in October, the National Bureau of Statistics (NBS) says. The Bureau made this known in its...