The Socio-Economic and Accountability Project (SERAP) has urged the Tinubu Bola President “to direct the allocation of income mobilization and the Fiscal Commission (RMAFC) to immediately suspend the rise of governors who violate the law and are not constitutional for holders of political and public offices in the Nigerian state. The absorption of him to reject the salary increase that …
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Kanu filed a petition of the NBA, looking for sanctions against Judge Nyako, Tsammani, Lawal
Leaders who were detained from the prohibited separatist IGBO group, Biafra natives, (IPOB), Mazi Nnamdi Kanu, had submitted a petition to the Nigeria Bar Association (NBA), looking for sanctions against Supreme Court Judge Binta Nyako, Hidas Tsammani, and Garba Lawal, who had three judges. In the petition he personally signed and sent to the NBA ahead of their national conference …
Read More »The top 10 stories from all Nigerian newspapers, Sunday, August 24
Here are the top 10 stories throughout the country. 1. The president supports EFCC after Atiku’s son -in -law is declared desirable The Presidential has expressed support for the Economic and Financial Crime Commission (EFCC) following the declaration of business agency Abdullahi Haske, a son -in -law of former Vice President Atiku Abubakar, as sought for alleged criminal conspiracy and …
Read More »NGX Roundup: Capitalization of the N2.2TR Warehouse Market when Bouruse has slumped on a large -magnitude
The Nigerian equity market experienced other bearish trading weeks because investors lost N2.2 trillion in large trading weeks. The market records profits in two of the five trading sessions this week. Market capitalization declined to N89,209 trillion from N91,502 trillion recorded in the previous week. Likewise, the All-Share Index (ASI) appreciates 2.51% to close the week with 141,004.14 points from …
Read More »The president supports EFCC after Atiku’s son -in -law stated that it was sought
The Presidential has expressed support for the Economic and Financial Crime Commission (EFCC) following the declaration of business agency Abdullahi Haske, the son -in -law of former Vice President Atiku Abubakar, as sought by the alleged criminal conspiracy and money laundering. Haske, Founder of AA & R Investment Group, was placed on the EFCC Wanted list after reported to violate …
Read More »The top 10 stories from all Nigerian newspapers, Saturday, August 23
Here are the top 10 stories throughout the country. 1. FG, State, LGAS shared N2TR as an income allocation for July Three levels of government on Friday share N2 trillion as an income allocation for July. 2. NGX: The equity market recovered from the decline of 3 days, investors get N505BN The Nigerian equity market yelled at a three -day …
Read More »The Labor Party rejects salary increases for political office holders, urges to focus on the minimum wage
The Labor Party has criticized the proposed salary increase for political office holders by the mobilization of income, allocation and fiscal commission (RMAFC), describing the step as “unreasonable” in facing the country’s economic challenges. In a statement issued on Friday by the Secretary of the Temporary National Publicity, Tony Akeni, the party warned the commission against the process with the …
Read More »NGX: The equity market recovered from the decline of 3 days, investors get the N505BN
The Nigerian equity market yelled at a three -day -old defeat on Friday because investors received N505 billion at the close of trading that day. This follows the surge in the stock prices of FTN Cocoa PLC, Beta Glass PLC, and Veritas Kapital Assurance PLC, among others, on the trading floor. The Benchmark All-Share Index (ASI) rose to 141,004.14 points …
Read More »FG, State, LGAS shared N2TR as an income allocation for July
Three levels of government on Friday share N2 trillion as an income allocation for July. The Director of Information and Public Relations at the Ministry of Finance, Muhamed Manga, revealed this in a statement issued at the end of the Federation Account Allocation Committee (FAAC) this month led by the Minister of Finance and the Coordinating Minister for Economic, Wale …
Read More »Explanation: The Nigerian government moves to clean up ₦ 2.7tn gas debt through royalties
The federal government has announced plans to compensate for 2.7 trillion debt owed to the gas company by utilizing royalty loans. The Head of the Nigerian Hulu Oil Regulation (NUPRC) Executive Commission, GBENGA KOMOLAFE, revealed this on Thursday during a virtual meeting organized by the Minister of State for Oil Resources (Gas), Ekpo Experikpe, to mark their second year in …
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