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Lagos to Borrow N350bn to Fund 2023 Budget

Lagos to Borrow N350bn to Fund 2023 Budget Lagos State Governor, Babajide Sanwo-Olu, on Thursday revealed that the state will borrow N350 billion to fund the 2023 budget. The governor had presented a budget of N1.69 trillion to the State House of Assembly for approval for...

NSE: Investors Gain N350bn As Market Cap Hits N14trn

NSE: Investors Gain N350bn As Market Cap Hits N14trn       Activities on the floor of the Nigerian Stock Exchange closed last week on the positive trajectory as the NSE All-Share Index appreciated by 2.53 per cent to the close the week at 26,985.77. Similarly, market capitalisation appreciated...

Exporters Demand Release Of N350bn Accumulated Grant

Exporters Demand Release Of N350bn Accumulated Grant In the last six months, non-oil exporters in the country have been mounting pressure on the federal government to release the accumulated Export Expansion Grant (EEG), from 2007 – 2016. In a letter dated 10 April and signed by...

FG To Approve N350bn To Settle Exporters’ Debt Through Issue Promissory Note

FG To Approve N350bn To Settle Exporters’ Debt Through Issue Promissory Note   the Executive Director/Chief Executive Officer, Nigerian Export Promotion Council, Mr Olusegun Awolowo, on Thursday, said that Federal Government would soon approve the settlement of N350bn exporters credit through the issuance of the promissory...

FG to Spend N350bn Releases to Fund Budget

Amid complaints that Nigerians are not feeling the impact of the economic policies of the present administration, Vice-President Yemi Osinbajo has assured the public that the federal government is bent on revamping the Nigerian economy through its policies designed to diversify the economy. Osinbajo, who...