Putin creates fund for soldiers fighting in Ukraine
Russian President Vladimir Putin on Monday signed a decree creating a special fund to support soldiers fighting in Ukraine and their families. Russia rarely gives […]
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How Nigeria’s oil-producing states shared over N970b derivation fund
The nine oil-producing states in Nigeria shared N970.20 billion from the Federation Account through the 13 per cent derivation formula in 2022. Data from the […]
Pension Fund Assets hit N14.99tr
Grew by N586.33b in Q4, 22 Despite the head-winds in the global economic climate and the country’s challenging macroeconomic environment, the Pension Fund Assets under […]
United Airlines unveils $100m sustainable flight fund
United Airlines yesterday launched the airlines’ Ventures Sustainable Flight Fund of $150million. It is the first investment vehicle to support start-ups focused on decarbonising air […]
Five startups secure Euro 120,000 innovation fund
Five entrepreneurs have secured Euro 120,000 start-up capital for innovation. They are founder of Vinsighte, Oluwatomisin Kolawole; founder, Hillspring diagnostics, Ifeoluwa Adewumi; founder, Exergie, Chidumaga […]
NARD laments unpaid 1,600 resident doctors’ training fund
Lara Adejoro No fewer than 1,600 members of the Nigerian Association of Resident Doctors from over 30 health facilities in the country are yet to […]
Norrenberger unveils Dollar-based mutual fund
Norrenberger, has unveiled a dollar-based mutual fund which provides investors with the opportunity to invest in dollar-denominated instruments. Chairman, Norrenberger , Ibrahim Aliyu said the […]
British International Investment, African Guarantee Fund sign $75m pact
British International Investment (BII), the UK’s development finance institution and impact investor, and African Guarantee Fund (AGF), have announced their partnership of a $75 million […]
SEC warns fund managers against holding client’s funds, securities
The Securities and Exchange Commission (SEC) has warned Fund Managers still in the habit of holding on to clients’ funds and securities to desist from […]
DMO raises N3.3tr to fund 2022 budget deficit
The Debt Management Office (DMO) said it has helped the Federal Government raise N3.3 trillion from the domestic market to finance 2022 budget deficit. The […]