DMO fails to raise N117bn, CBN tightens policy
The Debt Management Office has failed to raise N117bn from the sales of Federal Government]s N225bn Bond programme as subscription levels weakened in its October
Category : Finance
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FG budgets N1.8tn, releases N964bn for roads nationwide
Despite public outcry over the deplorable condition of roads across the country, the Federal Government has budgeted N1.8tn for the construction of roads and bridges
2023 budget: Stakeholders advocate higher allocations to health, education, agric – NAN Survey
Stakeholders in the health and education sectors in the South-East have called for high budgetary allocations to the two critical sectors. They spoke in separate
CBN to review eNaira implementation one year after
The Central Bank of Nigeria has unveiled a programme of events to review and commemorate the first anniversary of the launch of Africa’s first Central
2023: FG budgets N13.8bn for Obasanjo, Jonathan, IBB, Atiku, others
A total of N13,805,814,220 has been proposed for the payment of pensions to former Presidents, Vice-Presidents, Heads of State, Chiefs of General Staff, retired heads
CBN sells Polaris Bank to new investor
The Central Bank of Nigeria (CBN) and the has announced the sale of Polaris Bank to a new core investor, Strategic Capital Investment Ltd. (SCIL).
Inflation: Nigeria, others risk political instability, says IMF
The International Monetary Fund has said Nigeria and other countries in the Sub-Saharan African region risk social and political instability and worsening food insecurity because
FG liquidates NICON, Delta Steel’s N7bn pension liabilities
The Pension Transitional Arrangement Directorate has cleared the outstanding pension liabilities of ex-workers of NICON Insurance and Delta Steel Company estimated at N7.053bn. The amount
