PFAs Generate N266bn From Fixed Income Securities   The Pension Fund Administrators (PFAs) recorded N266.13bn gain from investment of pension funds in fixed-income securities in the third quarter of 2022. The commission revealed this in its 2022 third-quarter report on ‘Interest/coupons and...

Marketers Say Petrol May Hit N800/litre On Subsidy Removal   As the scarcity of the Premium of Motor Spirit, popularly called petrol, continued on Sunday, oil marketers have stated that the cost of the commodity would cross N800/litre once subsidy on...

Kwara Govt Secures World Bank N887m Projects Fund   The Executive Secretary of Kwara’s Health Care Development Agency, Dr Nusirat Elelu, has said the state has secured World Bank’s funding to support infrastructure upgrade in at least one primary healthcare facility...

Hike In Interest Rate Likely As MPC Meets Today   Ahead of the two-day Monetary Policy Committee (MPC) meeting of the Central Bank of Nigeria (CBN) commencing on Monday (today), financial experts have expressed diverse views on possible outcomes of the...

Stock Investors Gain N44.77bn   Market activities at the close of the week ended moderately bullish as market capitalisation hit N28.647tn as of January 19, against N28.602tn recorded as of January 13, 2023. Similarly, the NGX All-Share Index increased by 0.16 per...

Federal Government Okays Pay Rise For NPA Workers   Members of staff of the Nigerian Ports Authority (NPA) have expressed excitement over the approval of a pay rise by the Federal Government for them. The Deputy Secretary General of the Maritime Workers...