Monetary

Pension Fund Hits N10.22trn

Pension Fund Hits N10.22trn   Pension fund assets at December last year have hit N10.22 trillion. It was N9.99 trillion in November of the same year. The investment of the fund followed the same pattern as the previous month as pension fund administrators (PFAs) invested N7.34 trillion...

NNPC Has Over $20bn Assets – Kyari

NNPC Has Over $20bn Assets - Kyari   The Nigerian National Petroleum Corporation has assets worth over $20bn, its Group Managing Director, Mr Mele Kyari, said on Monday, even as he decried the continued importation of petroleum products into the country. Kyari said this at the at...

Nigeria Will Get First Tranche Of $3bn Loan Soon – World Bank

Nigeria Will Get First Tranche Of $3bn Loan Soon – World Bank   The World Bank has confirmed that discussions on its first tranche of the $3bn loan request to Nigeria have reached advanced stage and projected that the sum would be approved and given to...

FG To Raise N25bn Green Bond To Fund Environmental Projects

FG To Raise N25bn Green Bond To Fund Environmental Projects     The Minister of Environment, Dr. Mohammad Abubakar, thursday said the federal government is ready to undertake a third tranche of the green bond programme of up to N25 billion to fund environmental projects. The proceeds of...

FIRS Targets N8.5trn Revenue In 2020

FIRS Targets N8.5trn Revenue In 2020   The Federal Inland Revenue Service (FIRS) says it is targeting N8.5 trillion revenue for the country in 2020. The Executive Chairman of FIRS, Mr Muhammad Nami, disclosed this at the 2020 Corporate Plan Retreat in Abuja on Friday. Nami said...

EFCC To Investigate $8m Intercepted By Customs

EFCC To Investigate $8m Intercepted By Customs   The Nigeria Customs Service has said it will hand over the $8,065,612m intercepted at the Murtala Muhammed International Airport, Lagos to the Economic and Financial Crimes Commission and the suspects for investigation and prosecution. The Comptroller-General of the NCS,...