Fed Govt’s Deficit Rises By 128% To N3.6trn   The fiscal operations of the Federal Government in the first quarter of 2022, Q1’22, has yielded a massive deficit of N3.55 trillion as revenue fall far below budget estimates. This is contained in...

FG, States, LGAs Share N673.137bn As August Revenue Declines By N280bn   The revenue shared in August by the three tiers of government dropped by 280.948 billion as the federal, state and Local Government Councils (LGCs) shared N673.137bn. They had shared N954.085bn...

Foreign Investors Deepen Interest For Nigerian Stocks   Foreign portfolio investors’ appetite for Nigerian equities is increasing with more transactions on the purchase side than sell side. The latest foreign portfolio investment (FPI) report showed that FPI inflows outweighed outflows by 27...

Crude Oil Price Drops To $86 Per Barrel     Brent, the global benchmark for crude, dropped in price on Sunday as virtually all oil grades witnessed reduced prices on the first day of the week despite efforts by the Organisation of...

Copyright Commission Impounds Cable Network Worth N250m In Enugu   The Nigerian Copyright Commission (NCC) said it raided Enugu and impounded illegal digital cable network worth N250 million to serve as deterrent to others in the business. The commission had on Sept....

Gov Soludo Seeks Partnership With TETFund   Governor Charles Soludo of Anambra State has called for a strategic partnership with the Tertiary Education Trust Fund,TETFund, in the delivery of intervention projects in higher education institutions in the state. Soludo, who made the...