Investors lose N113bn as #EndSARS crisis deepens
The Nigerian bourse on Wednesday closed lower to reverse the previous day’s gain as bears regained their grip following fear…
Govt expecting one million MT steel from $1.5bn plant – Minister
The Federal Government has said that the $1.5bn steel plant that is nearing completion in Kaduna State will attract automobile…
Relatives of deceased workers gets N2.58bn from PenCom
The National Pension Commission has said it released N2.58bn for payment of pension benefits of deceased workers under the Contributory…
#EndSARS: First Bank website hacked
Anonymous, an online network known for launching cyberattacks against government institutions, has hacked the website of First Bank of Nigeria…
N30bn FG bonds on offer in October
The Debt Management Office has said that the Federal Government would auction N30bn worth of bonds by subscription on October…
FG, states, LGs shared N639.9bn in September
The three levels of government shared a total of N639.9bn from the Federation Account in September 2020, the Federation Accounts…
External reserves down by $50.84m in 10 days
The country’s external reserves dropped by $50.84m from $35.75bn as of October 2 to $35.69bn as of October 12, figures…
IFC, Union Bank partner to boost access to trade finance in Nigeria
The International Finance Corporation (IFC), a member of the World Bank Group, is partnering with Union Bank Plc to boost…
CBN to enforce banks’ compliance with SWIFT code
The Central Bank of Nigeria (CBN) has ordered banks to comply with the SWIFT universal payment confirmation. It stated this…
CBN to clamp down on breach of export laws
The Central Bank of Nigeria (CBN) has said that it will be a breach of extant regulations for any shipping…