Senate Panel Insists PEF Hasn’t Remitted Interest On Fixed N34bn     The Senate’ Committee on Public Accounts has insisted that the Petroleum Equalisation Fund, now Nigeria Midstream and Downstream Petroleum Regulatory Authority, must account for the bank interest on the N34bn placed in a fixed deposit...

Presidency Spends N34bn On Food, Travels In Six Years   The Presidency’s budgetary allocations for food and travels hit N34bn in six years, according to data obtained from the appropriation bills of the Federal Government within the period under review. A total of N5.16bn was spent on...

Investors Lose N34bn As Stock Market Drops Further       Investors in the Nigerian stock market lost N34.33bn at the end of trading on the floor of the Nigerian Exchange Limited extending losses from the previous week. The NGX All-Share Index fell slightly by 0.19 per cent to...

Improved Price Gains Spike Capitalisation By N34bn       Price gains in many blue-chip stocks, especially Johnholt and ABC Transport, aided transactions on the Nigerian Exchange Limited (NGX) in sustaining its bulls’ run at the end of yesterday’s transactions, causing market capitalisation to appreciate further by N34...

Discos Expected To Repay N34bn CBN Loan This Year   Electricity distribution companies are expected to repay this year N34.05bn of the loan disbursed under the Central Bank of Nigeria-Nigeria Electricity Market Stabilisation Facility programme. The Nigerian Electricity Regulatory Commission disclosed this in its 2016-2018 Minor Review...

CBN To Auction N34bn Treasury Bills Today The Central Bank of Nigeria is on Wednesday billed to auction N34bn worth of Treasury bills, 14, roll over existing Federal Government T-bill maturities. Analysts at Zedcrest Capital Limited said upon resumption from the Salah break, despite the small...