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archiveOctober 2021

NEWSTOP STORY

Bayelsa to borrow N43.57bn to augment 2022 budget as current debt hits N169bn

  The Bayelsa government plans to borrow N43.57 billion to augment the N310.7 billion proposed for the 2022 fiscal year as the state’s debt profile hits N169 billion. The borrowing plan is contained in the 2022 Appropriation Bill of Bayelsa. Checks on official records by the News Agency of Nigeria...
ECONOMYTOP STORY

NDIC’s coverage limits best in the world- MD

The Managing Director/Chief Executive of the Nigeria Deposit Insurance Corporation (NDIC), Bello Hassan (FCA) has pointed out that the Corporation’s coverage limits of N500,000.00 per depositor per commercial, merchant and, non-interest bank, primary mortgage bank and mobile money operator, as well as N200,000.00 per depositor per microfinance bank, remain the...
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