Angola’s long history in oil & gas exploration and production means that the country has a better trained local workforce that can be mobilised and replace expensive foreign labour May 19, 2020/AEC With an economic recession expected at -1.4% by the International Monetary Fund (IMF) this year, Angola is expected […]
Updates
Buhari Names Yuguda SEC DG
May 19, 2020 By Paschal IJEH InvestAdvocate Lagos (INVESTADVOCATE)-President Muhammadu Buhari on Tuesday requested the Senate to confirm Lamido Yuguda, as the new Director-General of the Securities and Exchange Commission (SEC). This is contained in a letter to Ahmad Lawan, Senate President of the Federal Republic of Nigeria at the […]
A Sharp Fall in the FAAC Payout; May Payment Amount to N606bn
Culled—Proshare May 19, 2020 by FBNQuest Research The gross monthly payout by the Federation Account Allocation Committee (FAAC) to the three tiers of government amounted to N606bn (US$1.57bn) in May (from April revenue). This was a decline of N175bn on the previous month’s payment. We saw from the thinner-than-usual coverage […]
