FG Raises N2.7trn Through FGN Bonds, N8.09bn Via Savings Bond In 2021   Data released by the Debt Management office (DMO) has showed that the federal government in 2021 raised N2.72 trillion through FGN Bonds as well as the N8.09 billion through Savings Bond. This is as...

Fed Govt Projects 61% Growth In GDP Per Capita By 2025   The Federal Government has said that it expects Nigeria’s Gross Domestic Product per capita to rise to $3,706.29 by 2025. This represents about 61 per cent projected growth from the $2300 GDP per capita growth...

FEC Okays N65.3bn For Power Projects In 2022     The Federal Executive Council meeting has approved N65.39bn in foreign and local denominations to execute power projects in the country. The Minister of Power, Abubakar Aliyu, disclosed this to State House Correspondents on Thursday at the end of...

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:...

We’ll Raise Infrastructure Finance From N13trn Pension Funds, Others – CBN     The Governor, Central Bank of Nigeria, Mr Godwin Emefiele, has said Nigeria plans to finance infrastructure projects with banking and pension monies. According to him, the Federal Government is seeking to reduce its external debts...

NASS To Transmit N17trn Budget To Buhari Today – Lawan   The President of the Senate, Ahmad Lawan, says the National Assembly will on Thursday transmit the 2022 Appropriation Bill to President Muhammadu Buhari to sign into law. Lawan gave the hint on Wednesday in his remarks...