Rahma Oladosu

Nigerian Govt To Sell Stakes In NNPC, 19 Entities

Nigerian Govt To Sell Stakes In NNPC, 19 Entities   The Federal Government may sell stakes in about 20 state-run companies to raise funds and improve governance in the entities. This is according to a Bloomberg report. The Nigerian National Petroleum Corporation...

Five Banks Rake In N51.15bn From e-banking Charges

Five Banks Rake In N51.15bn From e-banking Charges   In spite of fierce rivalry within the financial sector, a total of N51.15 billion in electronic banking income was generated by five banks during the first half of the year. This represents a...

How Pension Funds’ Investment In Equities Rose To N1.4trn In Q1, 2023

How Pension Funds’ Investment In Equities Rose To N1.4trn In Q1, 2023   The Net Asset Value, NAV, of Pension Fund Administrators (PFAs) investments in equities has risen by 36.6 % to N1.460 trillion at the end of first half 2023,...

FG Eyes Capital Market To Achieve N100trn Assets Goal

FG Eyes Capital Market To Achieve N100trn Assets Goal   The Ministry of Finance Incorporated, the investment vehicle of the Federal Government, has set its eyes on the capital market to raise funds as it seeks to meet its targets of...

FG Raises N4.46trn Bonds To Bridge Budget Deficit

FG Raises N4.46trn Bonds To Bridge Budget Deficit   As the federal government intensified borrowing from local investors to bridge the 2023 budget deficit, the government through the Debt Management Office (DMO) raised a total of N4.46 trillion from the bond...

Petrol Price : Marketers Kick As FG Rules Out Hike

Petrol Price : Marketers Kick As FG Rules Out Hike   Oil marketers, on Tuesday, advised President Bola Tinubu to gradually relax the removal of subsidy on Premium Motor Spirit, popularly called petrol, following the inability of importers to access the...
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