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Banks’ stocks drive turnover in bearish trading

  By Ademola Alawiye   Thursday, 9 Sep 2010 Transaction volume at the equities sector of the Nigerian Stock Exchange was dominated by the banking sub-sector on Wednesday.   Trading in banking shares accounted for 55 per cent of total turnover, as 117.83 million shares, valued at N1.01bn were exchanged […]

FG releases funds for salary increase – Olaitan

  By Agency Reporter   Thursday, 9 Sep 2010   The Chairman, Joint National Public Service Negotiating Council, Mr. Olakunle Olaitan, said on Wednesday that the Federal Government had provided “cash backing” for the implementation of the new salary structure. Olaitan told the News Agency of Nigeria in Abuja that […]

FG plans N4.56tn budget for 2011

    By Ihuoma Chiedozie, Abuja   Thursday, 9 Sep 2010   The Federal Government plans to spend N4.56tn in the 2011 fiscal year.   The plan is contained in the 2011 budget proposal, which was approved by the Federal Executive Council at its meeting on Wednesday.   However, the […]