Tag Archives: funds

The Nigeria Sovereign Investment Authority on Wednesday said it was planning to invest massively in the Nigerian Infrastructure Debt Fund being managed by Chapel Hill Denham Nigeria. The NSIA said this in a statement issued in Abuja and signed by its Communications Adviser, Mr. Titilope Olubiyi. It, however, did not disclose the amount to be invested, but added that the ...

Independent reports that former president of Nigerian Institution of Building (NIoB) and former Minister for Sports, Bala Kaoje, has supported government’s land revocation and reallocation order in Abuja, saying funds generated therein would be used for development of other areas. The former president Association of Professional Bodies of Nigeria (APBN) remarked that the leadership of the FCT has been very ...

“The inability of the Federal Government to raise funds from the Sovereign Green Bond may have stalled the execution of four proposed major projects in 2017 budget by National Agency for Great Green Wall (NAGGW).”- The Guardian The Agency budgeted N1.354billion for dry land restoration through massive afforestation programme monitoring and evaluation, promotion of alternative livelihoods, but only N200million was ...

The Nigeria Deposit Insurance Corporation, NDIC, has made it known that more than N2.54 billion belonging to some local governments and Ministries, Departments and Agencies (MDAs) of the federal and state governments are trapped in 47 banks in-liquidation, without the affected parties filing proof of claims for insured deposits and liquidation dividends. Vanguard reports that the sum was broken down as ...

An investment can be simply defined as expenditure in cash or its equivalent during one or more time periods in anticipation of enjoying a net inflow of cash or its equivalent in some future time period. In view of the limited resources and divers’ investment alternatives available to an investor, investment decisions are necessary. Investment decisions are made as a ...