NNPC’s Contribution To Federation Account Drops By N13bn In September     The contribution of the Nigerian National Petroleum Corporation (NNPC) to the Federation Account fell by about N13 billion in September, a document detailing the corporation’s monthly presentation to the Federation Account Allocation Committee (FAAC) has...

NNPC Spends N123.7bn As Petrol Subsidy In September   The Nigerian National Petroleum Corporation (NNPC) has revealed that it spent N123.73 billion on petrol subsidy in September 2021. The Corporation in its report to the Federation Account Allocation Committee (FAAC) for October meeting said the amount with...

E-payments Rose By 6.37% To N24trn In September     The value of e-payment transactions in Nigeria rose by 6.37 per cent to N24.08tn in September. This was according to the data released by the Nigeria Inter-Bank Settlement System. In August total e-payment transactions was N22.64tn. E-payment transactions are...

External Reserves Gained $2.4bn In Sept – CBN           The country’s external reserves rose by $2.4bn in September, figures obtained from the Central Bank of Nigeria revealed on Thursday. According to the CBN, the reserves which stood at $34.02bn as of the end of August rose to...

September Bonds Oversubscribed By N184bn, Says DMO             Federal Government’s bonds worth N150bn for September, which were auctioned on Wednesday, were oversubscribed by N184.32bn, the Debt Management Office has said. The total subscription received from investors for the bonds was N334.32bn, comprising N52.43bn for 13.98 per cent...

DMO Offers September Savings Bonds For Subscription         The Debt Management Office has opened the September savings bond offer to investors. The DMO said this in a circular on Monday that it is offering the Federal Government’s two-year and three-year savings bonds. The circular posted on its website...