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JulFG to spend N6.72tn on fuel subsidy in 2023
The 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 […]
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JulMarket closes lower by 0.12%, sheds N35bn
Transactions 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,[…]
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JulAfrica Prudential reports N1.99bn as turnover, PAT rises by 13.07% in Q2 2022
Africa 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[…]
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JulAccess Bank launches ‘AccessMore’ mega rewards
Access Bank has said that it will be rewarding customers this summer with millions of naira, smart phones and other amazing prizes in the AccessMore mega rewards The campaign, which was unveiled last month, will run till the end of next month and it is open to customers and non-customers[…]
