Author: Aisha Muhammed

Business

How we grew net returns to N1.184trn in one year – NSIA CEO

The record N1.184 trillion Total Comprehensive Income recorded by the Nigeria Sovereign Investment Authority (NSIA) in 2023 was largely driven by four tactical strategies, including cost efficiency, efficient balance sheet management, infrastructure investment and a focus on projects that yielded sustainable earnings. This is according to Aminu Umar-Sadiq, NSIA Managing […]

Business

Nigeria issues N8trn in treasury bills to bolster economy – Edun

Wale Edun, Nigeria’s minister of finance and coordinating minister of the economy, on Thursday said the fiscal authority is complementing the efforts of the Central Bank towards ensuring the stability of the economy through the issuance of N8 trillion in government securities specifically, treasury bills and treasury certificates. He disclosed this in […]

Business

High sulphur diesel cause of Dangote Refinery price slash — S&P Global

Dangote refinery’s decision to relax quality controls for diesel resulted in a 37 percent reduction in domestic prices, S&P Global findings revealed. According to the report, this decision was primarily driven by the availability of high-sulphur diesel from the refinery, contrasting with the environmentally preferable low-sulphur diesel. Dangote refinery recently […]