The Federal Government is set to empower 35 creative firms with N7 billion in order to enhance the growth of the industry. The fund was designed...
The domestic equities market opened the week on a bearish note as sell-offs in BUACEMENT (-2.2%), GUARANTY (-3.0%) and ETI (-8.6%) drove the All-Share Index down 67bps to 27,570.58 points. As a...
The Governor, Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, has restated the need for States in the country and the Federal Capital Territory (FCT) to...
Federal Government has said it plans to appoint advisers for a $3.3 billion Eurobond issue through an open competitive bid process and expects to complete an...
The Nigeria Extractive Industries Transparency Initiative (NEITI) said the Federal, States, Local Governments and other statutory recipients by the Federation Accounts and Allocation Committee (FAAC) shared...
Central Bank of Nigeria CBN, has introduced longer-term contracts on the Naira in a move to attract more foreign exchange inflows and shore up its dollar...
Price depreciation in MTNN (-4.2%), ZENITH (-1.5%) and NEM (-7.3%) drove the All-Share Index down 67bps to 27,694.62 points. Consequently, YTD return moderated to 4.8% while market capitalisation...
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...