Naira Sells N436.63/$1 at Spot Market, N731/$1 at Black Market
The Naira appreciated against the US Dollar at the Investors and Exporters (I&E) window of the foreign exchange market on Thursday, October 6.
Yesterday, the exchange rate of the local currency against the greenback closed at...
FEC Okays Proposed N19.76trn 2023 Budget
The federal executive council (FEC) has approved the proposed N19.76 trillion budget for the 2023 fiscal year.
Femi Adesina, special assistant to the president on media and publicity, disclosed this while addressing state house correspondents on the outcome of the...
NSITF Pays N1.7bn Claims, Compensation To Rehabilitate Injured Workers
The Nigeria Social Insurance Trust Fund (NSITF) yesterday said it spent over N1.7billion as claims and compensations for rehabilitation of injured workers, death benefits as well as compensation for loss of man hour to their employers...
FEC Considers 2023 Budget Estimates
The 2023 draft budget estimates proposal topped items for consideration this Wednesday at the Federal Executive Council (FEC) meeting presided by President Muhammadu Buhari
The budget, estimated at N19.76 trillion, is expected to be presented to the National Assembly, on Friday,...
DMO Offers Two FG Savings Bonds For Subscription
The Debt Management Office (DMO), has announced the offering of two Federal Government of Nigeria (FGN) savings bonds for subscription.
The first offer is a two-year FGN savings bond, which will be due on October 12, 2024 at...
467 Financial Institutions Liquidated Till Date - NDIC
The Nigeria Deposit Insurance Corporation (NDIC) yesterday disclosed that it has successfully liquidated 467 financial institutions till date, that is, of both depositors and creditors. The insured financial institutions, according to the Corporation, comprise of 49 Deposit...
