The Director General of Securities and Exchange Commission (SEC), Lamido Yuguda, has said that the commission is considering a new regulatory framework that will further enhance the scope and operations of non-interest finance in the capital market. According to Yuguda, the new framework will address challenges and unleash the potential of non-interest capital market. He said the […]
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.[…]
