FG Lists N418m New Savings Bonds   The Federal Government has listed its latest issuances under its Federal Government of Nigeria Savings Bond (FGNSB) on the Nigerian Exchange (NGX) Limited. The listing of the two tranches of the FGNSB issued earlier this month paved the way...

Diaspora remittances to Nigeria rose from $5m per week in June 2020 to over $100m per week in October 2021. The (CBN) Governor, Godwin Emefiele, made this known this while giving his keynote address at the 56th Chartered Institute of Bankers of Nigeria Annual...

National Assembly To Begin NDIC Act Amendment   The Chairman, House of Representatives Committee on Insurance and Actuarial Matters, Darlington Nwokocha, has stated that the committee’s is ready with the amendment to the Nigeria Deposit Insurance Corporation (NDIC) Bill in order to maintain a sustainable banking...

Pension Assets Rise By 0.8% To N13trn   Total Pension assets of the Contributory Pension Scheme, CPS, increased by 0.8 per cent Month-on-Month, MoM, to N13 trillion in September 2021 from N12.9 trillion recorded in August 2021. According to the unaudited report on pension funds industry portfolio...

Nigeria’s Exports To Hit $112bn By 2030 - Report   A new research by Standard Chartered has projected that global exports will almost double from $17.4tn to $29.7tn over the next decade, with Nigeria topping the volume for Africa. At 9.7 per cent yearly growth rate, the...

Oil Sector GDP Contribution Drops By N270bn In Nine Months   The contribution of crude petroleum and natural gas sector, which is a subsector under the mining and quarrying sector, to Nigeria’s Gross Domestic Product dropped from N2.82tn in the first quarter of 2021 to N2.55tn...