News

AMCON recovers N648bn of N5tn liabilities

Managing Director, AMCON, Ahmed Kuru The Managing Director of the Asset Management Corporation of Nigeria, Ahmed Kuru, has said that the agency has so far been able to recover about N648bn out of the agency’s total liabilities of N5trn as of 20th September 2023. The Senate Committee on Banking, Insurance …

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Gov. Sanwo-Olu presents N2.2trn 2024 budget to assembly

Sanwo-Olu The Lagos State Governor, Mr Babajide Sanwo-Olu, on Wednesday, presented a budget estimate of N2.2 trillion for the 2024 fiscal year to the state House of Assembly. The budget, entitled “Budget of Renewal”, was presented at the Chamber of the Lagos State House of Assembly, Assembly Complex, Alausa, Ikeja. …

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At last, FG bows, exempts universities, polytechnics from IPPIS

Tinubu The Federal Government on Wednesday approved the exemption of universities, polytechnics, colleges of education and other tertiary institutions of learning from the Integrated Payroll and Personnel Information System. It said, henceforth, remunerations to staff members of these institutions would no longer flow through the platform. The Minister of the Information and National …

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