11
OctThe CEO of NNPC Limited, Mele Kyari in a recent interview has said that the Company deferred payment to fuel importers, due to Nigeria’s falling crude revenues. Kyari noted that the fuel trading companies NNPC has deferred payments to are: Vitol, Total, Sahara Group, and Oando. Kyari noted that the fuel trading companies NNPC has deferred payments […]
11
OctPresident Muhammadu Buhari while presenting the 2023 budget to the National Assembly has said that the Federal Government plans to spend N854.8bn on pensions, gratuities and retirees’ benefits in the 2023. He disclosed that the total non-debt recurrent expenditure in January to July 2002 was N3.24 trillion, of which N2.87 trillion was for salaries, pensions and overheads.[…]
11
OctPrices of stocks on the Nigerian Exchange have continued to nose dive, creating new entry opportunities for discerning investors. Year to date the market has returned 10.85% as the All Share Index closed last week at 47,351.43 points. Most stocks have touched their 52 weeks low and some are tending towards their year low. This is creating[…]
