Business
NSIA posts N160bn income, says MD, Orji
…Explains how E-West Road was removed from NSIA funding By Emma Ujah The Nigeria Sovereign Investment Authority, NSIA, has recorded a total comprehensive income of N160.06 billion, representing about 343
FG hopeful of improved earnings from floating LNG
The Federal Government has expressed optimism about improved earnings from its gas monetisation scheme, following the signing of the Pre-Front End Engineering Design (Pre-FEED) contract by the licensee to commence
Air cargo business surges as African airlines record 24.6% demand spike
The International Air Transport Association (IATA) released March 2021 data for global air cargo markets showing that air cargo demand continued to outperform pre-COVID levels with demand up by 4.4
Firm affirms commitment to boosting Nigeria’s Crypto Market
By Providence Adeyinka A firm, Paxful, leading global peer-to-peer fintech, has restated its commitment to advancing Nigeria’s crypto market. The company is doing this through constant engagement and enlightenment efforts
Coronation Asset advocates harmonised reporting for mutual funds
A map of Nigeria By Babajide Komolafe Coronation Asset Management has called for a harmonised reporting standard for mutual funds in Nigeria. Making this call in a report on Nigerian mutual
Petrol price: Why implementation of 20% hike in freight cost is delayed
By Obas Esiedesa THE Executive Secretary of the Petroleum Equalisation Fund, Ahmed Bobboi, has said that the on-going negotiation between the Federal Government and Labour Unions over deregulation of petroleum products
Nigeria rebalances OPEC quota compliance, cuts output by 7%
By Udeme Akpan NIGERIA has been forced to rebalance its oil output, effecting about 7.0 percent cut back on its oil output to re-align with the quota imposed by the Organisation
‘Demutualisation of NSE will create swift changes in economy’
Despite the current economic headwinds, we believe the long-term thinking by the government on growing the economy through a renewed focus on the real sector economy and the coordinated and
NSIA assets grow by N193b as investment in foreign assets appreciates
The Nigeria Sovereign Investment Authority (NSIA), yesterday, hinted that its net assets grew by N193.21billion in 2020, representing a 33 per cent increase over the N579.54 billion recorded in 2019.
Orwu canvasses more investments in Rivers
To fast-track, the ease of doing business and attract investors to Rivers State, Managing Director/Chief Executive Officer (MD/CEO), Victoria Creek Gardens Estate (VCGE), Michael Orwu The post Orwu canvasses more
