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Tag: N620 Billion

Retirees, Workers Kick As FG Plans N620bn Loan From Pension Funds

Retirees, Workers Kick As FG Plans N620bn Loan From Pension Funds   The Federal Government is planning to source $1.5bn (N620bn) loan from pension funds to support its proposed N7.73tn investment in transport infrastructure over the next five years. Specifically, the government is seeking to obtain the...

Stock Investors Lost N620bn In October

Stock Investors Lost N620bn In October   Investors in the nation’s stock market have counted losses totalling N620bn in the month of October. Trading started the month at a market capitalisation of N13.450tn, dropping to its lowest level of N12.776tn on October 29, then rising to N12.830...

Bonds: FG Rakes In N620bn In 6 Months

Bonds: FG Rakes In N620bn In 6 Months   The Federal Government recorded a total of N619.63bn from debt securities issued in the first half of the year. These debt securities include Federal Government bonds, savings bonds and green bonds. Statistics obtained from the Debt Management Office on...