economy + may 2018

Pension Fund Rises to N7.94tn

The total pension fund under management by pension operators rose to N7.94tn at the end of March this year, figures released by the National Pension Commission on Wednesday showed. In the same period, Pension Fund Administrators invested a total of...
Read More →

NDPHC Develops 16 Injection Sub-Stations In N’East

The Niger-Delta Power Holding Company (NDPHC) has constructed and handed over 16 injection distribution sub-stations to Yola DisCo to further boost electricity supply to Nigerians in the North-East zone. The Managing Director of NDPHC, Mr Chiedu Ugbo, disclosed this in...
Read More →

Inflation Drops for the 15th Consecutive Time

Key Highlights       Inflation Rate   – 12.48%       Food inflation – 14.80%       Core Inflation   – 10.9% The National Bureau of Statistics (NBS) today released the Consumer Price Index (CPI) for April 2018. The CPI measures the average change over time...
Read More →

Nigeria’s Transport Sector Investments Rake in $11.32bn

The Nigerian Shippers’ Council (NSC) has revealed that investment in the transport sector of the National Integrated Infrastructure Master Plan (NIIMP) has provided capital inflow worth $11.32bn in the last four years. The National Transport Commission (NTC) Bill recently passed...
Read More →