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 […]
IDL rewards distributors’ performance
Intercontinental Distillers Limited, makers of Chelsea Dry Gin, has rewarded its distributors for the current financial year ending October 2017.
Naira depreciates to N360.27 in NAFEX
The naira, yesterday, depreciated to N360.27 in the Investor and Exporter (I&E) Foreign Exchange, forex Window.
Master mariners displeased with the future of 6,000 cadets
NIGERIAN Associa-tion Master Mariners, NAMM, have expressed misgivings over the future of over 6,000 cadets trained by the Nigerian Maritime Administration and Safety Agency, NIMASA, through its National Sea-farers Development Programme, NSDP.
NISER wants FG to seek strategic relationship with WTO
The Nigerian Institute of Social and Economic Research (NISER), Ibadan, yesterday urged the Federal Government to be more strategic in its relationship with the World Trade Organisation (WTO).
I & E forex window attracts $17.86bn transaction value in 6 months
The Investors & Exporter, I &E Foreign Exchange, FX Window has attracted $17.86 billion transactions value since April this year when it was introduced, according to data from the FMDQ OTC Securities Exchange Plc.
