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FCT's Next Steps Uncertain in Subsidy Removal Palliative: Wike's View
Chief Nyesom Wike, the Minister of the Federal Capital Territory Administration (FCT), unveiled his strategy for utilizing the 5 billion palliative fund allocated by the Federal Government. With delib...
Federal Government's N25,000 Allowance for Resident Doctors Amid Ongoing Strike
Amidst the ongoing indefinite strike initiated by the National Association of Resident Doctors, the Federal Government has responded with a significant measure. They have approved a distinctive allowa...
Empowering Initiatives by the Ogun State Government: N10,000 Cash Palliative, Hazard Allowances, and More
The Ogun state government has taken significant steps to ease the financial burden faced by its public servants and pensioners following the removal of fuel subsidies. In an effort to mitigate the imp...
Addressing the Urgent Food Crisis in Northeastern Nigeria: UN Allocates $20 Million to Tackle Hunger and Malnutrition
In response to the urgent food security and nutrition crisis in northeastern Nigeria, the United Nations has taken swift action by allocating a substantial sum of $20 million. UN Deputy Spokesperson F...
Balloon Payment
What is the definition of a Balloon Payment?DefinitionA balloon payment is a financial term used to describe the lump sum payment attached to a loan, mortgage, or commercial loan. This payment is...