Oil prices has dropped to six-week lows, under pressure from high global inventories and doubts about OPEC’s ability to implement agreed production cuts. This has given...
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...
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....
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...
Minister of State for Petroleum resources, Mr. Ibe Kachikwu said that the Federal Government has neither sold nor concession the country’s refineries to any individual or company. Addressing newsmen...
Efforts by the African Development Bank (AfDB) to upgrade Africa’s agriculture sector is yielding good results with about 5.6 million people benefiting from the Bank’s interventions...
Market Statistics Thursday, 8th June 2017 Market Cap (N’bn) ...
Nigerian shares resumed a two-week rally recovering from the previous day’s loss thanks to gains in the cement and petroleum sectors. The index rose 1.51...
Fitch Rating Agency has said that the CBN investors/exporter forex window is attracting about $1 billion weekly. This it said has resulted in considerable improvement in...