2020 Budget Contains N150bn Wasteful Expenditure - Report   The Centre for Social Justice on Wednesday faulted the 2020 budget presented by President Muhammadu Buhari to the National Assembly, stating that the fiscal document contained about N150.07bn expenditures that are “frivolous, inappropriate, unclear and wasteful.” The group...

FG To Offer N150bn Bonds November 20, Says DMO   The Debt Management Office has said the Federal Government will auction N150bn worth of bonds by subscription on November 20. A circular by the DMO on Wednesday showed that a N50bn five-year reopening bond maturing in April...

FG To Auction N150bn Bonds On October 23   The Debt Management Office has said that the Federal Government will auction N150bn worth of bonds by subscription on October 23. A circular by the DMO on Wednesday showed the breakdown of the figure to include a N50bn...

Nigeria Loses N150bn Annually To Foreign Shipping Surcharges   The Nigerian economy is losing N150bn yearly to multiple surcharges slammed on Nigeria-bound cargoes by foreign shipping companies. This was the result of a study released in Abuja on Monday, at a one-day sub-regional summit tagged, ‘Unfair Shipping...

Stock Market Sheds N150bn Amid Continuous Loss Losses in the nation’s intensified on Wednesday as investors counted losses totalling N150bn since the beginning of August. The stock market, which had long embarked on a losing streak, with occasional gains on some days, saw its capitalisation drop...

Capital: Dangote Cement To Raise N150bn Via Commercial Paper Dangote Cement Plc (DCP) is to raise N150 billion fresh capital through the issuance of a Commercial Paper (CP). In a notification to the Nigerian Stock Exchange (NSE) yesterday, the biggest cement manufacturing firm in Africa,...