Senate Queries Aviation Ministry Over N174m Payment To Contractor   The Senate Committee on Public Accounts on Thursday queried the Federal Ministry of Aviation over payment of N174m to a contractor for direct procurement of navigational aids and maintenance without budgetary allocation in 2015. Chairman of the...

In One Year, Senate Approved $28bn Foreign Loans – Lawan     The President of the Senate, Ahmad Lawan, has listed the approval of a total sum of $28bn foreign loans for the regime of the President Muhammadu Buhari, in the last one year, as part of...

Nigeria, Others Need $100bn For Affordable Broadband Internet     To manage the possible effect of the pandemic on the economy post-COVID-19, Nigeria and other parts of the Continent will require about $100 billion for universal, affordable and good quality Internet access by 2030. This was stated by...

PFAs Invest N54.35bn Pension Funds In Infrastructure     Pension Funds Administrators have invested N54.35bn of the total assets under the Contributory Pension Scheme in infrastructure as of the end of April. Figures obtained from the National Pension Commission on Wednesday revealed that the total assets under the...

Pension Fund Value Drops By N180bn   Nigeria’s pension fund dropped by N180 billion in March 2020, eroding the N77 billion it gained in February, a 1.7 per cent decrease. The drop may not be unconnected to the Covid-19 pandemic,The Nation learnt on Tuesday. The fund, which stood...

AFDB Injects $10bn To Cushion COVID-19 Impact On Agriculture     The African Development Bank (AFDB), has provided about $10billion to implement strategic roadmap of projects and programmes of immediate and longer term measures to tackle nutrition and food crisis situation in the Continent. This is part of...