CBN Seeks Increased Private Sector Investment In Dairy Production   The Central of Bank of Nigeria (CBN) is seeking increased private sector participation in dairy to position the industry for growth. A representative of the apex bank, Garba Aminu, spoke during the opening of a Milk Collection...

Insecurity: Private Sector Raises Fresh N100bn To Support FG   The Coalition Against COVID-19 has disclosed plans to provide N100bn to the Federal Government to assist security agencies tackle the current spate of insecurity in the country. The Chairman of the United Bank for Africa, Tony Elumelu...

Buhari Inaugurates N348trn Devt Plan, Targets N298trn From Private Sector   President Muhammadu Buhari says Nigeria requires an investment size of N348.1tn to achieve the targets set out in the National Development Plan 2021-2025. He also said a whopping 85.7per cent (N298.3tn) of this amount would come...

Retirees Rise By 27%, Collect N890bn From Govts, Private Sector     The total number of retirees under the Contributory Pension Scheme has risen by 27 per cent in two years, data obtained by our correspondent have shown. Specifically, the total number of retirees rose from 291,569 in...

In One Year, Nigerian Banks Lend Private Sector N4.1trn   The Nigerian banking sector’s credit to the private sector rose by N4.1tn or 13.8 per cent between September 2020 and September this year. The CBN’s money and credit statistics report showed that in September 2020, bank’s credit...

Credit To Private Sector Rises By N498.6bn In August           The Central Bank of Nigeria (CBN) has disclosed that credit to private sector went up by N498.6billion in August to N33.26trillion from N32.8trillion reported in July 2021. The N33.36trillion figure announced by the CBN is a new...