17

Feb

Fuel scarcity to end soon- NNPC

The Nigerian National Petroleum Company (NNPC) has assured Nigerians that the fuel scarcity triggered by recent importation of toxic Premium Motor Spirit (PMS) will soon end. NNPC Group Managing Director (GMD), Mele Kyari explained that the recent importation of toxic Premium Motor Spirit (PMS), popularly known as petrol, into the country was not deliberate. According to him, […]

17

Feb

Stock market returns -0.01% amidst sell offs and buy interests

The Nigerian stock market on Thursday closed on a negative note as the All Share Index declined marginally by 0.01% to close at 47,102.64 points from the previous close of 47,109.25 points. The Market Capitalisation closed flat at N25.386 trillion from the previous close of N25.385 trillion. An aggregate of 357.76 million units of shares were traded[…]

17

Feb

Pension assets rise to N13.42tn in December 2021

The unaudited reports on pension funds industry portfolio for the period ended 31 December 2021 revealed that pension assets under the Contributory Pension Scheme grew to N13.42 trillion in December 2021. This translates to 9.09% growth year on year from N12.31 trillion recorded at the end of 2021. Month on month, pension assets grew by 1.27% from[…]