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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. […]
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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[…]
The Federal Executive Council of Nigeria has approved the2023 Budget which President Buhari is expected to propose to lawmakers on Friday. The 2023 budget of N19.76 trillion was embedded with an N12.43 trillion deficit to lawmakers on Friday, October 7, 2022. This was disclosed in a press briefing by Mr. Femi Adesina, the President’s Special Adviser on Media and Publicity, on[…]
