Despite the increase in the volume of crude oil export in July 2018, government revenue dropped significantly by N107.1billion in the period resulting in the distribution of N714.8billion among the three tiers of government.
The Minister of Finance, Mrs. Kemi Adeosun, who confirmed this after t [...]
The Nigeria Incentive-Based Risk Sharing System for Agricultural Lending, NIRSAL, has developed a new insurance product aimed at safeguarding farmers against risks along the agricultural value chain.
The new product, the agency says is an improvement on its pioneering Area Yield Index Insurance [...]
The 2017/2018 academic session has come to an end in schools across Nigeria, consequently signaling the beginning of an extensive holiday that usually last between eight to ten weeks.
Many parents have however come to dr [...]
The Central Bank of Nigeria, CBN, has injected 210 million dollars into the inter-bank Foreign Exchange Market to meet customers’ requests in various segments of the market.
The CBN Acting Director of Corporate Communications, Mr Isaac Okoroafor in a statemen, said that $100 million was o [...]
Nigeria’s pension asset has risen to N8.23trillion as contributors to the Contributory Pension Scheme grew by 312,291 at the end of the second quarter of 2018.
Figures from the National Pension Commission, PenCom, suggest that that the number of contributors into the scheme rose from 7.89 [...]
Management of the Nigeria Incentive-Based Risk Sharing System for Agricultural Lending, NIRSAL, said the agency has facilitated a total of $375million from commercial banks for the agricultural sector since it was incorporated in 2013.
The Managing Director, NIRSAL, Aliyu Abdulhameed, gave the [...]
The Nigeria Sovereign Investment Authority, NSIA, said it has paid a total sum of $417.46 million to the Nigeria Bulk Energy Trading Company from an initial capital of $350million, following the expiry of the four years investment term.
A statement from the agency explained that the returned fu [...]
Electricity consumers under the aegis of the Association for Public Policy Analysis, APPA, have accused electricity distribution companies, DisCos, of fleecing consumers through unfair estimated bills.
The association was responding to the recent disclosure of the DisCos that they are running a [...]
© 2015 The Abuja Inquirer | Newspaper. Designed by G E Springfield