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Author: Marketforces Africa
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The House of Representatives has advocated for the subsidization of malaria drugs in Nigeria, and even making them freely available at all Government Health Centres.
The benchmark yield on Nigerian Treasury bills was steadied as risk sentiment on the naira asset has shifted amidst uncertainties in economic direction. Still tracking behind the annual inflation rate, the yield has been hovering around 10-11% lately after moderate asset repricing.
The Presidency on Thursday clarified that the N6 billion budget for Presidential Yacht and Vehicles, emanated from a request from the Nigerian Navy.
The Independent National Electoral Commission (INEC) has defended a supplementary budget of N18 billion at the National Assembly, largely aimed at addressing the issue of staff welfare and allowances.
The average yield on the federal government of Nigeria bond rose slightly on Thursday as investors
The Central Bank of Nigeria (CBN), has assured Nigerians that there is an adequate supply of Naira notes in the economy.
The Nigeria Customs Service (NCS) Lilypond Export Command, has between January and September 2023 facilitated the exportation of 12,438 containers with a Free On Board value of $518.69 million.
The Nigerian Deposit Insurance Corporation (NDIC), said it has paid N16 billion in liquidation dividends to depositors, creditors and shareholders of banks in liquidation in the past 20 years.
The House of Representatives Public Accounts Committee has summoned the Central Bank of Nigeria (CBN) and 11 Electricity Distribution Companies (DISCOs) in connection with alleged mismanagement of the US$321 million and N18.2 billion loans.
Justice Olukayode Adeniyi of an FCT High Court on Thursday ordered the Economic and Financial Crimea Commission