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 […]
Trading normalises, share value dips by N137bn
Trading on the Nigerian Stock Exchange (NSE) normalised, Tuesday, as the value of listed equities, driven by losses on the share prices of blue chip companies, dipped by N136.83 billion.
CSR: AP commences second phase donation of crash helmets
African Petroleum (AP) Plc, a quoted company on the Nigerian Stock Exchange (NSE) has begun the second phase of donation of helmets to motorcyclist nation wide being part of its Corporate Social Responsibility (C.S.R) in building the nation.
Microfinance banks move to develop common software
The Lagos State Association of Microfinance Banks has entered into partnership with PROBANK, a Greek banking group, to create a common software for microfinance banks in the country.
AIG shares continue dive after reverse stock split
American International Group Inc. shares continued to plummet one week after the company approved a reverse stock split and as jury deliberations began in a $4.3 billion trial against its former CEO.
NACCIMA advocates for more businesses with China
The Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA), has advocated for more business partnership between Nigeria and China.
