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March Pension Fund Assets Drops to N19.69 trillion – PenCom
Nigeria's pension fund assets decreased slightly to N19.669 trillion for the period ending on March 31, 2024, according to data from the National Pension...
Money outside banks rises to N3.63 trillion as lenders reinstate cash processing fees
Money outside the banking system, also known as currency outside banks (COBs), increased by 10.67 percent in the first quarter of 2024, despite a...
FCTA mandates N6.32 billion for People-oriented Programmes
The chairmen of the local councils have been told by the Federal Capital Territory Administration (FCTA) to use the N6.32 billion statutory allocation for...
Naira declines to N1,402.67 in the most recent official market trade
The Naira had a minor dip during the first trading session of May at the NAFEM window, closing at N1,402.67 to the dollar, a...
Pension funds bet heavily on shares with N550bn outlay in Q1
Pension fund managers have made substantial investments in Nigerian stocks, totaling N550 billion in the first quarter of 2024, pushing their total exposure to...
