FG Transferred N201bn to MDAs’ Retirement Benefit Accounts — PenCom Between April 2017 and January this year, the Federal Government transferred the sum of N201.95bn into...
Exports to India, Spain, Others Hit N2.286tn Nigeria’s total export to five major exporting countries rose to N2.28 trillion in the fourth quarter of 2018, National...
Afreximbank to Boost SMEs Finance With ‘Factoring’ The African Export-Import Bank (Afreximbank) has said ‘factoring’, a form of financial transaction is a viable way to address...
Five Firms Bid for Afam, Yola Power Companies Five firms have submitted financial and technical bids to purchase 51 per cent stake in the Afam Power...
CBN Sets N50m Capital for Tier 2 Microfinance Banks The Central Bank of Nigeria has introduced a Tier-based system for unit microfinance banks in the country....
Heritage Bank Urges Start-ups to Make Nigeria ICT Hub Heritage Bank Plc has urged applicants of HB Lab start-ups to support Nigeria’s aspiration and roadmap to...
FG is not Selling Lagos Trade Fair Complex, Says BPE The Bureau of Public Enterprises (BPE) has declared that the federal government does not intend to...
Pension Fund Assets Hit N8.6tn in Q4 The total pension fund assets under management increased to N8.63 trillion in the fourth quarter of 2018 (Q4 2018)...
FG to Redeem N139.6bn Treasury Bills, Bonds The Federal Government is expected to redeem N48.6bn Treasury bills and make N91bn bond coupon payment this week to...
Global Oil Exploration Spend Increases Expenditure on oil and gas exploration and production (E&P) rose by eight per cent between 2017 and 2018, when the global...