Fed Govt November Bonds Oversubscribed By N117.15bn – DMO   The Federal Government’s bonds for November worth N150bn, which were auctioned on November 17, were oversubscribed by N117.15bn, the Debt Management Office has said. The DMO said the total subscription received from...

Experts Blame 2023 Elections For N4.1tn Rise In Recurrent Expenditure   The Federal Government has recorded a N4.18tn increase in its recurrent expenditure in the past six years with experts linking the significant rise especially in the 2022 budget proposal to...

Short-term Loans, Others Push Banks’ Assets To N58.51trn   Massive investments in short-term financing and other prudent measures have made the assets of 10 key commercial banks to grow by N8.09tn (a 16.06 per cent increase) to N58.51tn in one year,...

CAC To Generate N24.5bn From Registration Fees, Others   The Corporate Affairs Commission projects to rake in N24.5bn as internally generated revenue in the 2022 fiscal year. The figure was contained in its 2022 budget proposal document submitted to the National Assembly...

In Five Days, Investors Stake N27.9bn On Equities   At the end of last week’s transactions on the equities sector of the Nigerian Exchange Limited (NGX), a turnover of 1.39 billion shares worth N27.9 billion was recorded in 19,990 deals by...

Directorate Pays N695m To 418 Pensioners In Three Months   The Pension Transitional Arrangement Directorate has said it paid a total of N694.9m to 418 pensioners between May 5 and August 13 through its Parastatals Pension Department. A director at PTAD, Yusuf...