MTN Nigeria Communications Plc has notified the Nigerian Exchange and the investing public of its proposed issuance of up to N100 billion Series 6 and 7 Commercial Paper notes under its Commercial Paper Issuance Programme The Issuance is part of the Company’s strategy to diversify its financing options with the funds being deployed towards short term working […]
The Federal Government has approved N5bn as palliatives for each state and the Federal Capital Territory (FCT) to enable them to procure food items for distribution to the poor in their respective states. Governor Babagana Zulum of Borno State disclosed this at the Presidential Villa, Abuja, shortly after the National Economic Council (NEC) meeting. This development development[…]
Oil marketers, on Tuesday, advised President Bola Tinubu to gradually relax the removal of subsidy on Premium Motor Spirit, popularly called petrol, following the inability of importers to access the United States dollars and the impact which this was having on businesses. This came as Tinubu ruled out fuel price hike and reversal of fuel subsidy. However,[…]