Finance
InfraCorp to raise N15trn from three sources – Emefiele
The Infrastructure Corporation of Nigeria (InfraCorp) is to raise N15 trillion to support investment in critical infrastructure in the country,...
Apapa Customs generates N34bn in 2022 Q1 – Controller
About N34 billion was generated by the Apapa Command of the Nigeria Customs Service in the export of agricultural produce...
Currency in circulation dropped by N42.4bn in three months – CBN
The currency in circulation has dropped by N42.43bn between January and March, the Central Bank of Nigeria CBN has said....
2022 budget deficit to hit N7.35trillion – Buhari
President Muhammadu Buhari has sought the approval of the House of Representatives seeking an increase in the 2022 budget deficit...
CBN fines three banks N800m for violating cryptocurrency order
Access Bank, Stanbic IBTC and United Bank for Africa are to pay N8000 million as fines to the Central Bank...
NSITF fails to remit N3.8bn for three years – Reps
The Nigerian Social Insurance Trust Fund (NSITF) is owing the Federal Government about N3.8bn, House of Representatives’ Ad Hoc Committee...
FG’s Open Treasury Portal shuts down
Federal Government's Open Treasury Portal that gives details on the revenues and spending of ministries, departments and agencies of the...
FG’s borrowing rose by N4.03trn in six years
The Federal Government’s borrowing allocations rose by 278.03 percent or N4.03trillion between 2015 and 2021, Director-General of the Debt Management...
2m Nigerians to get N20bn from June – Minister
The Federal Government's National Cash Transfer Programme will from June 2022 be paying N20 billion to two million Nigerians. According...
NNPC to remit N322.45bn January oil proceeds to FAAC
The N322.45 billion crude oil proceeds generated from four international oil companies is to be released to the Federation Account...