N2.4trn Recapitalisation Fund Raised by Banks Through Capital Market - SEC DG
Nigerian banks have so far raised N2.4 trillion through the capital market in the ongoing recapitalisation of the banking sector directed by the Central Bank of Nigeria (CBN)....
Forex Stability Boosts Manufacturers' Confidence - MAN
Manufacturers are optimistic about the stability of the sector following a challenging period of unsold inventory and economic uncertainty, according to the Chairman of the Manufacturers Association of Nigeria (MAN) Ogun State Chapter,...
NITDA Trains Staff on Digital Efficiency, Workplace Productivity
As part of activities marking the "2025 International Women’s Day" (IWD), the National Information Technology Development Agency (NITDA) has organized a Digital Literacy Training for its female staff, aimed at enhancing workplace...
How FG Borrowed N1.94trn From Bond Investors
The Federal Government borrowed a total of N1.94trn from bond investors in the first quarter of 2025, an analysis of bond auction results released by the Debt Management Office (DMO) showed.
However, the amount...
Despite Piracy Decline, Importers Pay $1.5bn War Risk Premium
Despite the reduction in piracy attacks in the Gulf of Guinea, importers paid $1.5bn as war risk insurance premiums on Nigeria-bound cargoes in the last three years.
This came as operators, including...
FRC Act Continues to Govern Financial Reporting, Says Reps
The House of Representatives has stated that the Financial Reporting Council Act, 2023 remains operational until amended by the National Assembly.
The spokesman of the House, Akin Rotimi, made the declaration in...
