NSIA’s assets hit N1trn, attracts $500m FDI in 10 years

April 14, 2023 David Agba 0

The Nigeria Sovereign Investment Authority (NSIA) says it has grown its net assets by 10.5 per cent to N1.02 trillion in 2022 up from N919.73 billion in 2021. According to the Sovereign Wealth Fund manager earnings from interest income, infrastructure business revenue, and fiduciary activities’ management fees increased by 34.5 per cent amounting to N15.7 billion year-on-year growth. NSIA is Read More

Niger: Bago inaugurates 71- man transition committee 

April 7, 2023 Aideloje Ojo 0

Niger state governor-elect, Hon Umar Mohammed Bago, Thursday, inaugurated a 71- member independent transition committee in Minna, the state capital.  He said the transition and secretariat committee is mandated to take stock of all the outgoing prospects, liability, assets and advised the incoming government accordingly. He said:  “Our intentions are clear, not negative or personal, but in the interest of Nigerlites because Read More

Global gender inclusiveness slumps to 20-year low – World Bank

March 5, 2023 Benjamin Umuteme 0

The World Bank says global pace of reforms for gender inclusiveness has slumped to a 20-year low, constituting a potential impediment to economic growth at a critical time for the global economy.  In its Women, Business and the Law report, the global lender stated that the “index rose just half a point to 77.1—indicating women, on average, enjoy barely 77 Read More

Towards transparency in sale of forfeited assets

February 13, 2023 House keeper 0

Nigerians are expecting nothing short of probity in the way the anti graft agencies especially EFCC carry out their assignments in order to avoid losing their integrity. IDACHABA SUNNY ELEOJO reports. It is often said that those who go to equity must go with a clean hand. This is to ensure that at the end of the day, justice would Read More

MPI Report 2022: 63% of Nigerians poor – NBS

December 15, 2022 Blessing Anaro 0

The National Bureau of Statistics (NBS) says its highlights of the 2022 Multi-dimensional Poverty Index (MPI) survey revealed that 63 per cent or 133 million of persons living within Nigeria are multi-dimensionally poor. The national MPI is 0.257, indicating that poor people in Nigeria experience just over one-quarter of all possible deprivations. Semiu Adeniran, Statistician General of the Federation and Read More