NGX: Investors lose N25bn on first trading day of week

NGX: Investors lose N25bn on first trading day of week

Equities investors at the Nigerian Exchange (NGX) lost N25 billion amid bargain hunting on the first trading day of the week.

FAAC shares N760.717bn July 2021 revenue to FG, States and LGs

FAAC shares N760.717bn July 2021 revenue to FG, States and LGs

The Federation Accounts Allocation Committee (FAAC) has shared a total of N760.717 Billion July 2021 Federation Account Revenue to the Federal, States and Local Governments Councils.  

Inflation drops by 0.37% in July – NBS

Inflation drops by 0.37% in July – NBS

The National Bureau of Statistics (NBS) said inflation dropped by 0.37 per cent to 17.38 per cent in July, from 17.75 per cent recorded in June.

Average price of cooking gas, kerosene increased in July – NBS

Average price of cooking gas, kerosene increased in July – NBS

The average price for refilling a 5kg cylinder for Liquefied Petroleum Gas, otherwise known as cooking gas, increased to N2, 141.59 in July from N2, 068.69 in June.

92.4 % of Nigeria’s 2021 budget expended – Minister

92.4 % of Nigeria’s 2021 budget expended – Minister

The Minister of Finance, Zainab Ahmed, has appeared before the House of Representatives Committee on Finance to give an overview of the 2021 fiscal outcome.

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