Nigeria’s Debt Management DMO, said it has raised N160 billion bonds at its second debt auction this year at yields lower than the inflation rate. The DMO...
Fitch Ratings has revised the Outlook on 4 Nigerian banks to Negative from Stable and affirmed the Long-Term Issuer Default Ratings (IDRs) of 10 banks and...
The National Bureau of Statistics (NBS), says Consumer Price Index (CPI), which measures inflation again rose by 18.72 per cent (year-on-year) in January from 18.55 percent...
A tripartite agreement spare headed by the Dangote Rice limited to create jobs for 16,000 outgrower rice farmers in Sokoto was yesterday signed amid excitement and...
African Export-Import Bank (Afreximbank) and Ecobank Transnational Incorporated (ETI), parent company of the Ecobank Group have signed a memorandum of understanding (MOU) to promote joint corporate...
The Minister of Finance, Mrs. Kemi Adeosun said that the Federal Government is determined to expand the coverage of the Treasury Single Account (TSA) to cover...
Treasury Single Account (TSA) now has a total of N5.2trillion since its implementation started in October 2015. The Accountant General of the Federation, (AGF), Alhaji Ahmed Idris,...
French car maker Peugeot on Tuesday said it was in talks with General Motors over a potential acquisition of its European business Opel. The company, officially...
Federal Government has said that the almost 8-fold over-subscription of its recent Eurobond (orders in excess of $7.8 billion compared to a pre-issuance target of US$1bn)...
The United States of America has listed conditions that would attract America investment in Nigeria, saying Nigerian governments at all levels should expedite action in providing...
The Chartered Institute of Stockbrokers, (CIS) has concluded arrangement to commence a new certification policy that would enable an aspiring stockbroker to specialize in a particular...
The Nigerian Content Development and Monitoring Board, NCDMB said it is set to begin the enforcement of the Nigerian Content Act in the midstream and downstream...
Nigeria recently introduced policy of whistleblower has started yielding dividend Minister of Information Alhaji Lao Mohammed said this in a statement in Lagos. He said that...
Arik Air, placed on receivership earlier this week by Asset Management Company of Nigeria (AMCON) has accused the government of attempting to forcefully take over the...
Nigeria’s economy is estimated to have contracted by 1.54 percent in 2016, according to a budget ministry source. Nigeria is heavily dependent on crude oil exports...