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Central Bank of Nigeria CBN plans to sell N133.24 billion worth of treasury bills at an auction next week, on behalf of the federal government of Nigeria. The...
Fitch Ratings has assigned Nigeria’s upcoming dollar denominated senior unsecured bonds a rating of ‘B+(EXP)’. The assignment of the final rating is contingent on the receipt...
The Nigerian equities market rebounded to erase losses in the previous two trading sessions as the benchmark index rose 1.4 per cent to 33,598.20 points, thus...
By Peace Gabriel Revenue generated from Value Added Tax VAT, into the federation account dropped by 1.25 per cent in the first quarter of this year...
United Bank for Africa Plc (UBA) successfully raised USD500 million, though a debut Eurobond, which was 240% over-subscribed. The significant investor demand reflects the strong global investor appetite for UBA’s...
Edo State Governor, Mr Godwin Obaseki, has met with executives representing Mitsubishi, Sojitz, Toyota, Sumitomo, Yamaha, Yokogawa, Panasonic and the Japanese Trade Organisation (JETRO) to plan potential...
Fuel subsidy appeared to have returned, as the Nigerian National Petroleum Corporation, NNPC, said it recorded ‘under recovery’ of N49.86 billion between January and March 2017....
The Naira is set to be given further lift in the forex market with CBN’s injection of another $418 million into various segments of the inter-bank...
Debt Management Offices says it plans to sell a N100 billion sovereign (sukuk) non interest bond in Nigeria market this month to help fund road projects....
Lagos Chamber of Commerce and Industry has expressed concern over the increasing liquidity challenges in the financial system. It said that most of the banks in...
Former Inspector General of Police (IGP) and Chairman of the recently inaugurated 12-man protection of private property committee, Solomon Arase has said that the state government...
Acting President Yemi Osinbajo has signed the 2017 appropriation bill into law. The event took place at the Vice President’s Conference Room at presidential villa in...
The Central Bank of Nigeria (CBN) has intervened in the inter-bank Foreign Exchange market to the tune of $413.5 million, further underscoring its resolve to guarantee...
Heirs Holdings has announced the appointment of Pelumi Fadairo as Director of Marketing and Corporate Communications. Fadairo will be responsible for driving the Group’s strategic marketing objectives...
National Bureau of Statistic NBS said that right of property right violation topped the list of crime reported last year. In its latest report NBS said...