The Asset Management Corporation of Nigeria on said Arik Air and the other firms belonging to its principal promoter, Johnson Arumemi-Ikhide, was indebted to it to...
Central Bank of Nigeria (CBN) has said that it disbursed a total sum of $2.83 billion to intervene in the foreign exchange market for utilization in...
Nigeria’s crude oil export will rise by 8,350 barrels of oil per day (bopd) as Green Energy International Limited, GEIL, said it is about to commence...
Nigeria’s $1 billion 15 year government bonds started trading on London Stock Exchange on Thursday. The 15 year Eurobond is the longest ever maturity for an international Nigerian...
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...
