Page 14 - Second Niger News Today

Igboland isn’t the only dot in Nigeria, Buhari’s Katsina is also a dot –Ogbonnia, Ohanaeze spokesman The Punch Published 9 July 2021 Chief Alex Ogbonnia is the National Publicity Secretary of the apex Igbo socio-cultural organisation, Ohanaeze Ndigbo. In this interview with RAPHAEL EDE, he talks about the recent comment of the President, Major General Muhammadu Buhari (retd.), on restructuring There have been calls for restructuring of Nigeria but the President, Major Gen...

Mr Ibori was governor of oil-producing Delta State from 1999 to 2007.

The £4.2 million recovered from the former governor of Delta State, James Ibori, has been paid to the Delta State Government, the Accountant General of the Federation, Ahmed Idris, said on Tuesday. The fund, which the federal government recently received from the United Kingdom, is part of the proceeds of crime seized from the ex-governor. Mr Idris stated this while appearing before the committee investigating the status of recovered loot. He stated that “all recovered funds that belong to ...

By Folasade Akpan Over the years, the challenge of providing adequate infrastructure for Nigerians has been a herculean task for government at all levels and the Federal Government has at several occasions called on organisations to help in bridging the gap. The Vice President, Prof. Yemi Osinbajo, at an event in 2020 said that in spite of government interventions over the years, Nigeria still faces a huge infrastructural deficit, which is constraining rapid economic growth. He had said that ac...

Second Niger BridgeThe devastating impact of the COVID-19 pestilence on the global economy is obvious. Reason finance experts rightly predicted that many corporations’ finances in 2020 would be in red. The International Monetary Fund did predict that the global economy would contract by three percent as countries around the world shrink at the fastest pace in decades. The IMF described the global decline as the worst since the Great Depression of the 1930s. ...

The net assets of the Nigeria Sovereign Investment Authority (NSIA) have risen to N772.75 billion, an increase of 33 percent in 2020. The Authority’s assets increased by N193.21bn in 2020 higher than the N579.54bn recorded in 2019 despite the COVID-19 pandemic, it said in a statement on Tuesday. We won’t allow people denigrate Buhari — […]

Uche Orji, CEO, Nigeria Sovereign Investment Authority (NSIA) The Nigeria Sovereign Investment Authority (NSIA), yesterday, hinted that its net assets grew by N193.21billion in 2020, representing a 33 per cent increase over the N579.54 billion recorded in 2019. In its 2020 audited financial statement, the investment institution said it grew income from N36.15 billion in 2019 to N160.06 billion in 2020. NSIA attributed the performance to its investments in international capital markets, improv...

The Nigeria Sovereign Investment Authority, NSIA, has recorded a total comprehensive income of N160.06 billion, representing about 343 per cent growth in 2020 year, compared to the previous year’s N36.15 billion. The Managing Director,  Mr. Uche Orji, disclosed this at a virtual press briefing yesterday.

The Streetjournal Magazine is an online investigating media house that specializes on systematic, serious crimes, political corruption or corporate wrongdoing.

Obinna Chima in Lagos and Emmanuel Addeh in Abuja The Nigeria Sovereign Investment Authority (NSIA), manager of Nigeria’s Sovereign Wealth Fund (SWF), yesterday announced its audited results for its 2020 financial year, reflecting a strong financial performance and consistent implementation of strategic infrastructure investment programmes for the year. The results showed that despite the challenges posed by the COVID-19 pandemic in the year under review, the NSIA recorded 343 per cent gro...