HomeTagsN13 Trillion

Tag: N13 Trillion

We’ll Raise Infrastructure Finance From N13trn Pension Funds, Others – CBN

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...

Pension Assets Rise By 0.8% To N13trn

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 Records N13trn Fixed Income, Currencies Deals

Nigeria Records N13trn Fixed Income, Currencies Deals     Nigerian fixed-income and currencies markets recorded transactions valued at N13.03 trillion in January 2021 with foreign exchange (forex) accounting for N3.26 trillion. A report by FMDQ Group at the weekend showed that total foreign exchange (forex) market turnover in...

Market Capitalisation Slumps Below N13trn Mark

Market Capitalisation Slumps Below N13trn Mark     Persistent losses at the local bourse dragged the market capitalisation of equities listed on the Nigerian Stock Exchange below the N13trn mark on Wednesday. Investors counted losses totalling N524bn in seven trading days as the market capitalisation dropped from N13.427tn...

FG Spent N610.2bn Servicing N13trn Domestic Debts In Q1, 2019

FG Spent N610.2bn Servicing N13trn Domestic Debts In Q1, 2019 Within a three- month period, covering January to March this year, the Federal Government spent the sum of N610.2bn paying interest on its domestic debts. The amount is contained in a report on the nation’s...

Investors Lose N93bn As Market Cap Drops Below N13trn

Investors Lose N93bn As Market Cap Drops Below N13trn   Investors lost N93bn on Tuesday as the market capitalisation of equities listed on the floor of the Nigerian Stock Exchange dropped below the N13tn mark. The market capitalisation dropped to N12.957tn from N13.050tn on Monday. Similarly, equity investors...