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FebNigeria’s GDP grew by 3.98% year on year- NBS
Report released by the National Bureau of Statistics revealed that Nigeria Gross Domestic Product (GDP) grew by 3.98%(year-on-year) in real terms in the fourth quarter of 2021, showing a sustained positive growth for the fifth quarter since the recession witnessed in 2020 when output contracted by -6.10% and -3.62% in […]
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FebFuel 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[…]
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FebStock 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[…]
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FebPension 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[…]
