FG issues N1tn sukuk bond to fund 124 road projects
The Federal Government of Nigeria has issued six Sovereign Sukuk bonds worth N1.1tn (approximately $657.6m) to finance 124 federal road…
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Browsing Tag
N1tn
States tackle NNPCL over extra N1tn subsidy payment
The Nigerian National Petroleum Company Limited has requested an additional subsidy refund of N1.19 trillion for July 2024, citing…
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Bank chiefs lobby Presidency over N1tn forex gain
The executives of seven Deposit Money Banks are currently lobbying President Bola Tinubu over the 70 per cent mandatory windfall tax…
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N1tn spent to fight insecurity in six months – Report
The Federal Government disbursed a total of N1.03tn to boost the fight against insecurity and terrorism between January and June 2024.…
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Discos make N1tn amid grid crisis, unmetered customers hit 5.8m
Despite the persistent epileptic power supply nationwide, revenue generation by electricity distribution companies in Nigeria surged to N1.1trn within the 12…
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