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Cross River Govt Decries N34m Federal Allocation For March

Cross River Govt Decries N34m Federal Allocation For March   The Cross River State Government received only about 15 per cent of its statutory allocation from the Federation Account in March. Figures released show that out of the state’s gross allocation of N2.22bn, only N34.9m was received...

Prices Of Rice, Others Rose In March — NBS

Prices Of Rice, Others Rose In March — NBS       The National Bureau of statistics , NBS, said the prices paid by consumers for rice, eggs, tomato and yam rose in March. This corresponds with the Bureau’s March inflation report which stated that the composite food index...

Currency In Circulation Hit N2.8trn In March – CBN

Currency In Circulation Hit N2.8trn In March – CBN       Currency in circulation rose by N29bn to N2.81tn as of the end of March from N2.78tn as of the end of February, the latest figures obtained from the Central Bank of Nigeria showed on Sunday. Currency in...

Power Sector Lost N65.56bn In March

Power Sector Lost N65.56bn In March     The nation’s power sector lost an estimated N65.56bn in March due to constraints from insufficient gas supply, distribution and transmission infrastructure. Data obtained from the Advisory Power Team in the Office of the Vice President showed that lack of gas...

DMO Declares March Savings Bond Offer Opened

DMO Declares March Savings Bond Offer Opened   The Debt Management Office (DMO) yesterday opened offer for the Federal Government of Nigeria’s Savings Bond for March 2020 with yields lower than what it offered in February. The offer circular showed that it is offering the 2-year FGN...