Year: 2024

Pension Fund Administrators (PFAs) parked 63% of pension assets in federal governPension Fund Administrators (PFAs) parked 63% of pension assets in federal government debt securities as assets under management climbed to N20.2 trillion in May.ment debt securities as assets under management climbed to N20.2 trillion in May.

The short-term benchmark interest rates in the money market declined in the absence of significant pressure on liquidity levels in the financial system. According to data from FMDQ, the repo rate declined by 14 basis points to 31.61% on Friday, while the overnight lending rate dipped by 15 basis points to 32.45%.

Geregu Power Plc posted about 149% year-on-year growth in profitability in the first half of 2024, according to details from its unaudited financial statement for 2024 submitted to the Nigerian Exchange.

Fitch Ratings has assigned Kogi State a ‘B-‘ Long-Term Issuer Default Rating (IDR) with a Positive Outlook and a ‘AA-(nga)’ National Long-Term Rating. Fitch

The LG K-POP Grand Finale concluded with a flourish, igniting the stage with electrifying performances, jaw-dropping special effects, and the immense talent of

The Nigerian Exchange dropped by about N140 billion in the just concluded week as equities investors in the market exited some of their positions ahead of

Inflation rate has been forecasted to print at 34.25% in June, 2024 by one of the Nigerian leading investment banking firm, Cowry Asset Limited, ahead of data

President Bola Tinubu has approved the appointment of Mr Oluwaseun Faleye as the new Managing Director/Chief Executive Officer of the Nigeria Social Insurance

The Alternative Bank Ltd., ethical banking subsidiary of Sterling Financial Holdings Plc, has proffered measures which the Federal Government can take to boost

Justice Nnamdi Okwy Dimgba of the Federal High Court (FHC) Lagos has ordered former Minister of Information and Culture, Lai Mohammed, to disclose the details of the agreement between the Federal Government and X, formerly Twitter.