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Nigeria’s currency outside the banking system hit an all-time high of N4.2 trillion as of October 2024, despite several policies aimed at sterilizing cash. The latest...
The Central Bank of Nigeria (CBN) raised N2.087 trillion from OMO and Treasury bills at the primary market auctions last week. The amount was raised at...
The Federal Government, through the Debt Management Office (DMO) has offered two FGN bonds valued at N120 billion for subscription through auction. According to a statement...
United Bank for Africa(UBA) through UBA Foundation, its corporate social responsibility arm, has donated the sum of N500 million to the Lagos State Security Trust Fund...
A Federal High Court in Abuja has reduced the period that the Independent Corrupt Practices and Other Related Offences Commission (ICPC) can freeze suspicious bank accounts...
Nigerian Maritime Administration and Safety Agency (NIMASA) has said that it is actively monitoring the oil spill at SPDC Bonny Terminal from an emergency operations center....
Movement for the Survival of the Ogoni People (MOSOP) has raised some ethical questions over a Financial and Technical Services Agreement (FTSA) between Sahara Energy and...
Ghana’s President-elect John Dramani Mahama has said he will not abandon the country’s $3 billion rescue package with the International Monetary Fund, but wants to review...
African Development Bank’s Board of Directors has approved a $30 million equity investment in Africa Finance Corporation (AFC) for the rollout of innovative “green shares” aimed...
U.S. President-elect Donald Trump’s transition team is exploring ways to significantly reduce, merge, or even eliminate the top bank regulators in Washington, the Wall Street Journal...
Amazon is planning to donate $1 million to President-elect Donald Trump’s inauguration fund, a move that comes as major tech companies seek to improve their relationship...
Having gained in four of the five trading sessions, the All-Share index advanced by 119bps week-on-week. Investor’s interest in MTNN (+3.47% w/w), ARADEL (+18.28% w/w) and...
Zhongshan Fucheng investors from China have waived their rights to support or oppose Nigeria’s petition to the U.S. Supreme Court over the seizure of $70 million...
House of Representatives has mandated the Nigeria Upstream Petroleum Regulatory Commission to provide details of all oil production, crude sales, and other activities in the upstream...
The National Palm Produce Association of Nigeria says its collaboration with the United Nations Industrial Development Office will attract €300 million in investment in the oil...