Economy

The domestic bourse on Tuesday further recorded a positive performance, making investors  to gain N1.93 trillion.

The Bauchi State Government says it has earmarked N93 billion for education and healthcare services in the 2024 fiscal year.

Oil prices rose more than one per cent, on Wednesday, as investors sought bargains following the previous day’s slump. But the recovery was stunted by fears of a slow recovery in demand due to new pandemic lockdowns in Europe and a build in U.S. crude stocks.

 Afreximbank says about 43.7 billion dollars’ worth of trade and investment deals were sealed at the just concluded Intra-African Trade Fair (IATF2023) held in Egypt.

In the last eight months, the Central Bank of Nigeria (CBN) and Debt Management Office (DMO) have raised a total of N9.2 trillion from the local debt capital market.  Amidst rising balance sheet funding costs, the apex bank sold Treasury bills worth N3.34 trillion from the beginning of the year to date, according to CSL Stockbrokers market note.

The Federal Government has restated its commitment to releasing funds to clear outstanding pension arrears.

Mr Karl Toriola, Chief Executive Officer, MTN Nigeria, has urged youths to rise above  challenges by investing in self-development, to thrive in a competitive and dynamic business environment.

The Federal Road Safety Corps (FRSC), Osun Command, says 1,225 officers comprising special marshals and regular officers will be deployed for Christmas celebrations to ensure safety of lives on highways.

The Pension Fund Operators Association of Nigeria (PenOp) says the deployment of recovery agents and the whistleblower policy by the National Pension Commission (PenCom) is already yielding positive results in Nigeria’s pension scheme.

Wike stated this at the opening of the 13th edition of Zuma Film Festival (ZUFF), in Abuja on Friday