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FAAC Disburses N1.2Trn May Allocation to FG, States, LGs The Federation Account Allocation Committee (FAAC) disbursed a total of N1.208 trillion to the federal government, states, and local government areas.…
NGX Equity Market Rebounds by N467bn The Nigerian Exchange Ltd. (NGX) on Thursday posted a first week gain with the market capitalisation rebounding by N467 billion, amid renewed interests by…
AfDB Urges Nasarawa on Infrastructure Development, Service Delivery The African Development Bank (AfDB), has urged the Nasarawa State government has tasked the private sector investment for infrastructure development and service…
Africa’s Transformation: AfDB Inaugurates 2024 Economic Outlook Report The African Development Bank (AfDB), is set to inaugurate the 2024 edition of its flagship African Economic Outlook (AEO) to accelerate Africa’s…
FG to Pay N130bn as Part of Gas Supply Debt – Minister The Federal Government says it will soon begin the payment of N130 billion as part of gas supply…
Cryptocurrency Exchanges Begin to Delist Naira from P2P Trading Platforms The Securities and Exchange Commission, SEC has disclosed that crypto exchanges have commenced the delisting of the Naira from Peer-to-Peer…
Abbey Mortgage Bank Cleared of Insider Trading Allegations Abbey Mortgage Bank Plc has been cleared of allegations regarding insider trading during a closed period, as initially stated in the Nigerian…
Bleak Outlook for Naira as Exchange Rate Hits N1533.99 The naira pulled backward again in the forex markets due to a surge in demand for the US dollar. The local…
Dangote in Market for 2mln Barrels of US Crude Dangote refinery is looking for millions of barrels of U.S. crude oil, according to a document seen by Reuters. The 650,000-barrel-a-day…
Dangote Sugar Opens 181-day C/Papers for Subscription at 20.65% Dangote Sugar Refinery Plc has opened its series four and five commercial papers for subscription at the coupon rate of 20.6511%…