Wage bill, other spending exceed subsidy savings — Oyedele
…Govt saved N15.8trn from subsidy removal, naira floatation …FG got only N5.43trn, borrowed N11.85trn …No large pool of cash available to FG By Emma Ujah, Abuja Bureau Chief ABUJA — The Federal Government has clarified that the N15.8 trillion saved from fuel subsidy removal and the flotation of the naira between June 2023 and December […]
Nigeria loses N21.6 trn to piracy in three years
FOLLOWING the increased activities of the pirates in the nation’s coastal and territorial waters, Nigeria lost a total of N21.6 trillion to the sea robberies in three years.
Glo takes mobile money to Sokoto, Katsina, others
Hundreds of participants are being expected to throng the Katsina, Sokoto, Ebonyi and Ekiti state venues of the Glo Xchange agent-recruitment exercise that is presently going around the country.
MAN Group decries registration bid by wines importers
THE Ethanol Manufacturers Association of Nigeria (EMAN) has objected strongly to the registration bid at Corporate Affairs Commission (CAC),by Wines Marketers and Producers Association of Nigeria, (WMPAN) saying, the attempt by the group connotes setting up a parallel body in the sector.
Political institutions, entrepreneurship responsible for poverty alleviation- Aig-Imoukhueede
The President, National Council of the Nigeria Stock Exchange, Mr. Aigbije Aig-Imoukhuede, said that political institutions and entrepreneurship are the two major factors responsible for the alleviation of poverty in the country.
Fashola blasts banks over branch locations, unfair labour practices
Governor of Lagos State, Mr. Babatunde Fashola has accused banks of unfair labour practices, and disregard for the state physical planning laws in the construction of their branches.
