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December

HoR extends implementation of 2023 budget to December, 2024

leaders

By Tom Okpe The House of Representatives, on Thursday, extended the implementation of capital component of the 2023 Appropriation and Supplementary Appropriation Acts, from June 30 2023, to December 31, 2024. The Speaker, Tajudeen Abbas, at commencement of plenary, read a letter from President Bola Ahmed Tinubu, requesting to amend the Appropriation Acts, so as […]

Manufacturing activity improved in December on strong demand

December

The Purchasing Managers Index (PMI) report, which gauges the level of activities in the real sector, has increased to 54.6 points in December on strong demand. The report stated that customer demand improved again in the N rian private sector at the end of 2022, supporting further rapid increases in both new orders and business […]

OPEC: S’Arabia shouldered burden in December as exports cut

OPEC

Crude prices tankers from the Persian Gulf are any guide, then Organisation of Petroleum Exporting Countries’ (OPEC’s) Middle East powerhouses did their bit to curb a global crude glut last month. Saudi Arabia shouldered the burden. The region’s six OPEC members shipped less than 18 million barrels a day of crude in December, the lowest […]

MYTHS OF “EMBER” MONTHS: True or false?

crash

……It’s the month Prophet Mohammed died, Cleric ……Obey traffic rules, safety of life not negotiable – LASTMA For some folks, the last four months of every year with the string “ember” are not just the regular months spanning September to December, the mythical aura these months attract, according to observers, have continued to stir apprehension […]

Lagos to float N60bn bond in December

Ambode

The Lagos State Government says it is set to go to the capital market to float a bond of N60 billion this month for infrastructural development. The N60 billion bond is the first tranche of the N500 billion bond series the Lagos State House of Assembly approved for the Governor Akinwunmi Ambode administration few months […]