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‘Total Pension Assets’ll Hit N20trn By 2023’

'Total Pension Assets'll Hit N20trn By 2023'       Nigerian pension industry’s net assets is expected to hit the N20tn mark by 2023, recording an average growth of 18 per cent in the next three years leading to 2023, the insurance industry’s net assets, Augusto & Co,...

Stocks Record Weekly Loss As Market Cap Slumps Below N20trn

Stocks Record Weekly Loss As Market Cap Slumps Below N20trn       The Nigerian stock market recorded a loss last week as the market capitalisation of equities fell below N20tn. The Nigerian Exchange Limited All-Share Index depreciated by 0.57 per cent to close the week at 37,994.19 basis...

Stock Market Value Falls Below N20trn

Stock Market Value Falls Below N20trn       The value of the Nigerian equities declined below the N20 trillion mark last week to N19.627 trillion, following sustained profit taking in bellwether counters. The market, which had declined by 1.30 per cent the previous week, posted another depreciation last...

NIP Transactions Hit N20trn In May – NIBSS

NIP Transactions Hit N20trn In May - NIBSS       Nigerians transacted over N20tn instant payment transactions in May according to the Nigeria Inter-Bank Settlement System. Transaction in May was 0.15 per cent higher than for April. Instant payment transactions in May also showed a spending recovery from...

Stock Market Sets New Milestone, Crosses N20trn Capitalisation

Stock Market Sets New Milestone, Crosses N20trn Capitalisation         The market capitalisation of the Nigerian Stock Exchange (NSE) crossed N20 trillion capitalisation for the first time in the history of equity market last week, indicating an inflow of more funds into the market. The bullish sentiment continued...

N41bn Stamp Duty With CBN Not N20trn – Senator

N41bn Stamp Duty With CBN Not N20trn - Senator     Chairman of the Senate Committee on Banking, Insurance and Other Financial Institutions, Uba Sani, has said only about N41 billion had been deposited by banks into the Stamp Duty Collection Account with the Central Bank of...