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JulThe Federal Government has projected to spend N6.72 trillion on petrol subsidy payments in 2023. The Minister of Finance, Budget and National Planning, Zainab Ahmed, Speaking at the presentation of the 2023-2035 Medium Term Expenditure Framework & Fiscal Strategy Paper (MTEF&FSP) in Abuja, said subsidy payment projection is based on two prevailing scenarios — business-as-usual or reform. […]
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JulTransactions on the floor of the Nigerian Exchange on Thursday closed lower as the All Share Index declined by 0.12% to close at 52,122.00 points from the previous close of 52,186.52 points. The Market Capitalisation declined by 0.12% to close at N28.107 trillion from the previous close of N28.142 trillion, thereby shedding N35 billion. An aggregate of[…]
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JulAfrica Prudential on Thursday published its Second Quarter report for the period ended 30, June, 2022. The company reported Gross Earnings of N1.99 billion for the 6 months period, up by 19.29% from N1.67 billion reported the previous year. Profit after tax grew by 13.07% to N935.78 million from N827.64 million reported the previous year. Earnings per[…]
