Foreign Inflows Drop By 32%, UK, Others Slash Nigeria Investments   The Central Bank of Nigeria has disclosed that capital importation into the country fell by 32 per cent to $500m in October 2021, from $660m recorded in September. The CBN disclosed these figures in its latest...

Foreign Capital Importation Increases To $1.73bn In Q3   The total value of capital imported into the country in the third quarter of last year (Q3, 2021) stood at $1.73 billion, representing 97.73 per cent increase compared to the $875.62 million recorded in the preceding quarter. According...

In Nine Months, Pension Contributors Rose By 245,385 – PenCom   The number of workers with pension accounts under the Contributory Pension Scheme rose by 245,385 in nine months to 9,461,173. The latest data obtained from the National Pension Commission on ‘Total RSA registrations as at 30...

Jonathan Handed to Buhari $28.6bn Foreign Reserves, $5.6bn Dividends and N4tr Budget in 2015 - Chidoka A former Minister of Aviation, Osita Chidoka, has countered the Minister of Transportation, Rotimi Amaechi, over comments that the money left behind by the administration of ex-president Goodluck Jonathan...

Pension Industry Grows By 18% In Five Years – PenOp   Nigeria’s pension industry grew by 18 per cent in the last five years, the Pension Funds Operators Association of Nigeria has said. PenOp said this in a statement titled ‘Pension funds and private equity in Nigeria:...

Nigeria Records N8.9trn Trade Deficit In Nine Months     Nigeria recorded a negative trade balance of N8.9tn, between January and September, 2021, data from the National Bureau of Statistics have shown. Within this period, total foreign trade stood at N35.09tn, comprising N22tn imports and N13.1tn exports, leading...