Federal Workers’ Pensions, Gratuities Gulp N208bn
The Federal Government has spent N208.21bn on payment of pension and gratuity arrears in seven months, a new Central Bank of Nigeria report has revealed.
The CBN’s statistical record on the Federal Government’s monthly finances showed that the amount was...
Investors Lose N208bn As Stock Market Declines Further
The equities market on Monday extended downward trend to seven consecutive trading days as investors continued to sell-down amidst the fear of coronavirus pandemic.
Consequently, the market breadth closed negative, recording nine gainers against 28 losers.
The All-Share Index...
Apex Bank To Auction N208bn Treasury Bills
The Central Bank of Nigeria is scheduled to roll over maturing bills worth N208bn through the Primary Market Auction across the 91-day (N24.4bn), 182-day (N38.8bn) and 364-day (N145.5bn) tenors.
The CBN is also expected to mop up excess liquidity...
