The N154.38 Central Bank of Nigeria’s (CBN) Treasury Bills Auction was oversubscribed by 46% with marginal fall in rates on the 91 and 180-day tenors. The apex bank...
Federal Inland Revenue service has develop a fresh plan to end tax evasion. The approach is to track all tax evaders and defaulters in the country,...
Nigeria is considering a Eurobond sale of between $2.8 billion and $3 billion to help partially fund its 2020 budget after President Muhammadu Buhari wins approval...
The Central Bank of Nigeria (CBN) has again injected the sum of $210 million into the inter-bank Foreign Exchange Market to boost liquidity in the sector....
International money transfer company WorldRemit has predicted that 2020 will be the year of intra-African remittances. The World Bank already estimates that migrant workers within Africa...
Price appreciation in ACCESS (+1.6%), UBA (+1.3%) and UBN (+1.4%) moved the All-Share Index up 2bps to 27,874.43 points. Consequently, YTD return rose to 3.9% and market capitalisation increased ₦1.3 billion to ₦14.5 trillion. Activity level...
World Bank President David Malpass has chided other development banks for lending too quickly to heavily indebted countries, saying some were helping worsen already-challenging debt situations....
In line with its objective to increase and improve the local production of milk, its derivatives and other dairy products in the country, the Central Bank...
At the Nigerian stock market bargain hunting in MTNN (+4.4%), WAPCO (+3.0%) and GUARANTY (+0.8%) moved the All-Share Index up 36bps to 27,871.90 points. Consequently, YTD return rose to 3.8 per cent...
Small and Medium Scale Enterprises (SMEs) are globally recognised as engines of socio-economic transformation. In Nigeria, they are at the heart of a push for economic...
The headline sponsors of the Access Bank Lagos City Marathon, Access Bank Plc. have expressed delight over the success of the 2020 edition of the race...
AfDB has released the sum $2.5 million as seed capital for the AfDB-sponsored beneficiaries of the 2019 TEF Entrepreneurship Programme. The remainder expected to be disbursed...
The African Risk Capacity Limited (the ARC Ltd) has appointed Mr. Lesley Ndlovu as its new Chief Executive Officer following the expiration of the tenure of...
By Omoh Gabriel The Banker has said that Banco do Nordeste do Brasil, Alfa Bank (Russia), HDFC Bank (India), China Construction Bank and African Bank (South...
Ruth Eshio In continuation of its intervention in the inter-bank foreign exchange market, the Central Bank of Nigeria (CBN) on Friday, February 7, 2020, injected the...