Business

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 […]
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CIIN set for goldenjubilee confab

By Patience Saghana Ten days to the end of six  months activities of the 50th anniversary of the Chartered Insurance Institute of Nigeria (CIIN), the institute is set to host operators within and outside the financial sector. The Conference Theme: “The CIIN at 50: Insurance as a Vehicle for National Development”, captures the ambience of […]

FG queries MDAs on NHF deductions

The Federal Government has queried ministries, departments and agencies (MDAs) in the federal civil service over the non-remittance of National Housing Fund (NHF) deductions to the Federal Mortgage Bank of Nigeria (FMBN).

Students sue bank over alleged illegal deduction

Two students of Delta State School of Health Technology Ofuoma, have dragged Oceanic Bank before a Delta State sitting in Ughelle, over alleged illegal deductions from their bursary allowances, paid to them by the Delta state government.

10 years of democracy: Money from BASA will be used for airport infrastructure – Iyal

By Kenneth Ehigiator Capt. Shehu Usman Iyal is the Senior Special Assistant to the president on Aviation.  In this interview, he x-rays the journey so far in the aviation sector in the 10 years of the nation’s democratic march, especially in the last two years of President Umaru Yar’ Adua’s administration.  He said money realised […]

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