Economic Confidential

FG, States, LGs share N604.004 bn for October, 2020

FG, States, LGs share N604.004 bn for October, 2020. The Federation Accounts Allocation Committee (FAAC), Wednesday at its meeting chaired by the Permanent Secretary, Federal Ministry of Finance, Budget and National Planning, Alh. Aliyu Ahmed shared to the three tiers...

FEC approves Finance Bill 2020 to back 2021 Budget

FEC approves Finance Bill 2020 to back 2021 Budget The Federal Executive Council (FEC) has approved the Finance Bill 2020 meant to support the smooth implementation of the 2021 budget. The Council approved the bill at its 24th virtual meeting presided...

SEC says N29bn Claimed Via Accounts Harmonization

SEC says N29bn Claimed Via Accounts Harmonization The Securities and Exchange Commission has stated that about N29bn of unclaimed dividends have been claimed by investors through the introduction of harmonization of multiple accounts. The SEC introduced the regularisation of multiple accounts...

TSA: Nigeria Saves N45 Billion Monthly In Interest Payments – Ahmed

TSA: Nigeria Saves N45 Billion Monthly In Interest Payments – Ahmed . Signs (MoU) With The Gambia on TSA The implementation of treasury single account (TSA) in Nigeria has saved the country an average of N45 billion monthly in interest payments,...

IITA, 2 others sign Pact to promote cassava seed system

IITA, 2 others sign Pact to promote cassava seed system The International Institute of Tropical Agriculture (IITA) and two other organisations have signed a Memorandum of Understanding (MoU) to build and promote cassava seed system in the country. The other organisations...

Average price per litre of kerosene Jumps to N352.93 in October-NBS

Average price per litre of kerosene Jumps to N352.93 in October-NBS The National Bureau of Statistics (NBS) says the average price per litre paid by consumers for national household kerosene increased to N352.93 in October from N347.98 in September. The bureau...
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