FG exceeds loan target by N1.12tn, borrows N5.3tn
The Federal Government borrowed an additional N1.15 trillion between January and August of 2022, according to information obtained by The PUNCH.Information Guide Nigeria A document of the Minister…
FBN Holdings’ Nnamdi Okonkwo increases stake with N83.69m
Nnamdi Okonkwo, the managing director of First Bank of Nigeria (FBN) Holdings Group, has acquired further shares in the financial institution just a month after making his first…
Bank unveils Amusan, Brume brand ambassadors
PremiumTrust Bank has named Nigerian athletes Tobi Amusan and Ese Brume as brand ambassadors.Information Guide Nigeria In a statement, while speaking during a press conference, the Managing Director,…
CBN approves payment coy for Access Corporation
A new payment subsidiary, Hydrogen Payment Services Company Limited, which is entirely owned by Access Corporation, has received final permission from the Central Bank of Nigeria.Information Guide Nigeria…
Estimated bill consumers rise to 5.85 million – Report
Nigeria saw an increase in the number of electricity consumers on anticipated billing, from 5.84 million in the first quarter of this year to 5.85 million in the…
CBN: $200b policy opens new windows for dollar earnings
According to the report from thenationonlineng, the Central Bank of Nigeria (CBN) said its $200 billion non-oil export revenue target policy has brought new commodities to the market…
Nigeria’s debt hits N42.84tn amid revenue crisis
Domestic debt has increased Nigeria’s overall public debt stock from N41.60 trillion in March 2022 to N42.84 trillion in June of the same year, an increase of N1.24…
Governors to wedge tax leakages, enhance IGR generation
Under the supervision of the Nigeria Governors’ Forum, the 36 state governors of Nigeria have started a workshop on plugging tax leaks and enhancing internally produced income. The…
FG will review minimum wage, says Ngige
In light of the global inflationary crisis, the Federal Government said on Monday that it intends to raise the N30,000 minimum wage. This information was disclosed by Dr….
Fidelity Bank disburses N34bn
Over N34 billion in direct credit has been disbursed to participants in the Nigerian rice value chain thanks to Fidelity Bank’s assistance. A major portion of paddy rice…