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In Three Months, CBN Disburses N539.8m Loans To Farmers

In Three Months, CBN Disburses N539.8m Loans To Farmers     The Central Bank of Nigeria disbursed N539.8m loans to farmers between January and March 2020. It disclosed this in its third quarter economic report on titled ‘Agricultural credit guarantee scheme’, obtained on Monday. Part of the report reads, “A total of N539.8m loans was […]

Nigeria’s Oil Projects Threatened As IOCs Suffer $27.8bn Loss

Nigeria’s Oil Projects Threatened As IOCs Suffer $27.8bn Loss   Several major oil and gas projects in Nigeria may suffer further delays as international oil companies operating in the country saw their financials take a dive in the second quarter of this year. The slump in oil prices caused by the coronavirus pandemic has forced […]

NIPOST, FIRS War Escalates Over Stamp Duty Collection

NIPOST, FIRS War Escalates Over Stamp Duty Collection     The imbroglio between Nigeria Postal Service (NIPOST) and the Federal Inland Revenue Services (FIRS) over jurisdiction in respect of stamp duty collection worsened on Tuesday. Director Communication and Liaison FIRS, Abdullahi Ismaila Ahmad, in a statement vowed the FIRS is determined to ensure all monies […]