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CBN Raises N277.47bn From Treasury Bills Market In January

CBN Raises N277.47bn From Treasury Bills Market In January   Data collated has shown that the Central Bank of Nigeria (CBN) raised N277.47 billion through the treasury bills (TBills) market in January 2023. The apex bank carried out TBills auction twice worth N55.39billion in the first auction...

Fed Govt Plans New Policy To Track Public Spending

Fed Govt Plans New Policy To Track Public Spending   As the Federal Government struggles to generate revenue and manage its rising expenditure, it plans to launch a new policy for public finance management. This policy, referred to as the Bottom-Up Cash Planning Policy, will be launched...

ILO Says Global Unemployment To Hit 208 Million

ILO Says Global Unemployment To Hit 208 Million The International Labour Organisation (ILO) has projected that global unemployment would rise slightly by around 3 million to 208 million in 2023. The United Nations agency also said this would mark a reversal of the decline in global...

FG Disburses N16.8bn Cash Grants To Over Two Million Vulnerable Nigerians

FG Disburses N16.8bn Cash Grants To Over Two Million Vulnerable Nigerians   The Federal Government has disbursed over N16.8bn as grants and Conditional Cash Transfers to more than two million Nigerians since the commencement of the CCT programme in 2016. Data obtained from the latest ministerial performance...

Stock Investors Gain N81bn in Equity Market

Stock Investors Gain N81bn in Equity Market The Nigeria equity market trading ended on Monday with gains of N81bn recorded by MTN Nigeria, Nigerian Exchange Group, and others. This bullish trend extended the gains recorded by stock investors in the previous week. As a result, the market...

FIRS, LASG Sign MoU to Develop Joint Tax Audit System

FIRS, LASG Sign MoU to Develop Joint Tax Audit System The Federal Inland Revenue Service and the Lagos State Government have signed a Memorandum of Understanding to create a joint tax audit system to address duplication of measures and enable the exchange of data relevant...