Subsidy Removal: FG Seeks Legislative Approval before Distributing $800 million to Needy Nigerians.
Mrs. Zainab Ahmed, the minister of finance, budget, and national planning, has stated that legislative approval is pending and that…
Day: April 17, 2023
States with the Highest Inflation Rates are Lagos, Ondo, and Bayelsa.
The three states of Ondo, Bayelsa, and Lagos had the highest rates of inflation in March 2023. NBS reports that…
NECA Rejects Tax Increases and Cautions the FG Against IMF Demands.
The International Monetary Fund’s recommendation that the Federal Government raise taxes in order to reduce borrowing will have an adverse…
GTCO Generates a N214 billion Profit.
According to Guaranty Trust Holding Company Plc, it reported a profit before tax of N214.2 billion, a 3.3% decrease from…
Employees Moved N663 billion to Other PFAs – PenCom
Since the National Pension Commission opened the transfer window, 168,768 employees have switched Pension Fund Administrators and shifted N663.761bn in…
Custodian Investment’s Dividend Payment has Received Shareholder Approval.
The board of directors and management of Custodian Investment Plc have received praise from the company’s shareholders for maintaining strong…
Amethis Collaborates with Diot-Siaci in a Deal for a Moroccan Insurance Broker.
Amethis, one of the top investment funds focused on the African continent that was established in collaboration with the Edmond…
Dangote Sugar Pays a Dividend of N18 billion.
Despite the economic difficulties that characterized the 2022 financial quarter, Dangote Sugar Refinery Plc said it will pay N18.22bn in…
Ryse Energy’s Capital Raise Funds to Support Africa Energy Expansion Plans.
Ryse Energy, a market leader in decentralized renewable energy systems with more than 4,000 units supplied or installed for customers…
Aviation Workers to Delay Flights, Airports Today.
As aviation unions promised on Sunday to start a two-day warning strike on Monday, chaos may erupt at airports around…
World Bank: 96% of Nigeria’s Revenue Utilized to Repay Debt in 2022.
Nigeria is in a more precarious position now than it was before the late 2021 global oil price boom. In…