HomeFinancial

Financial

NIPC Generated N11.91bn IGR In Five Years

NIPC Generated N11.91bn IGR In Five Years     The Nigerian Investment Promotion Commission (NIPC) generated a total of N11.91 billion as Internally Generated Revenue (IGR) between January 2016 and June 2021, it disclosed in a recent report. The report also showed that of the amount realised in...

TETFund Supports FUD With N36m To Investigate Kidney Diseases

TETFund Supports FUD With N36m To Investigate Kidney Diseases   A team of researchers at the Federal University, Duste, has gotten a N36-million research grant to investigate rampant cases of kidney diseases at Hadejia Valley. Solacebase reports that Hadejia Valley stretches from Zakirai in Kano State to...

FG Raises N1.77trn Sukuk Fund For Ibadan-Ilorin, Enugu-Port Harcourt, 95 Other Roads

FG Raises N1.77trn Sukuk Fund For Ibadan-Ilorin, Enugu-Port Harcourt, 95 Other Roads   The Federal Government earned N1.77tn from sukuk bonds over a period of four years, according to a report obtained by our correspondent. The N1.77tn sukuk was raised between 2017 and 2021, the report stated. The...

Airlines, Others Generate N146bn In Nine Months As Aviation Industry Rebounds

Airlines, Others Generate N146bn In Nine Months As Aviation Industry Rebounds   The relaxation of travel restrictions occasioned by the COVID19 pandemic and increased economic activities during the year drove recovery in the aviation sector in the first nine months of 2021, a new report obtained...

FG Releases N16.7bn For Accrued Pension Rights

FG Releases N16.7bn For Accrued Pension Rights   The Federal Government has released N16.67 billion for payment of accrued pension rights under the contributory pension scheme, the Director-General, National Pension Commission (PenCom), Mrs. Aisha Dahir-Umar has said. Mrs. Dahir-Umar, who made this known yesterday in a statement,...

Nigeria Loses $5bn To Gold Smuggling In Six Years

Nigeria Loses $5bn To Gold Smuggling In Six Years   The Federal Government says Nigeria has lost $5bn to gold smuggling activities in six years. The Minister of Mines and Steel Development, Dr Uche Ogar, who made the disclosure at the State House on Wednesday, said the...