ALO360

Abia State to Finally Clear Gratuity Arrears Owed Since 2001

Abia State to Finally Clear Gratuity Arrears Owed Since 2001

Abia State officials have owed gratuities to retirees since 2001. This backlog now totals over ₦60 billion. As a result, many pensioners have faced severe financial difficulties for years. Additionally previous administrations failed to clear these payments, which led to widespread hardship among former workers. Governor’s Recent Announcement Governor Alex Otti recently declared that his…

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Cross River Grants Loans to 500 Small Businesses

Cross River Grants Loans to 500 Small Businesses

The Cross River State Government today announced the approval of single-digit interest loans for 500 small and medium enterprises (SMEs) under a collaborative program with the Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) and Sterling Bank. Screening and Selection Officials receive over 1,000 applications for the loans. They screen and select 500 candidates….

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Kano State Approves N54.7 Billion for Development Projects

Kano State Approves N54.7 Billion for Development Projects

The Kano State Executive Council approved N54.7 billion to fund development projects across key sectors. The council aims to accelerate development and improve service delivery. Projects Target Infrastructure, Education, Health, and Security The Commissioner for Information and Internal Affairs, Ibrahim Abdullahi-Waiyya, told journalists that the council ratified submissions from Ministries, Departments, and Agencies totaling N54.8…

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Nigerian Stock Market Surges as Investors Trade 1.8 Billion Shares

Nigerian Stock Market Surges as Investors Trade 1.8 Billion Shares

The Nigerian Stock Exchange (NSE) rallied strongly on Friday. Investors exchanged 1.826 billion shares valued at N20.03 billion across 20,645 deals. This marked a sharp increase from Thursday, when 324.6 million shares worth N13.05 billion were traded in 18,328 transactions. The surge shows renewed investor confidence and strong market activity. According to the News Agency…

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