FG To Raise N225bn New Bonds From Investors The federal government will today conduct its regular primary auction of new bond issuances with a view to raising additional N225 billion from the domestic capital market. Investment firms at the weekend doubled...

External Reserves Sheds $337m In Two Weeks Nigeria’s external reserves fell by $337 million in the first two weeks of August, maintaining its declining trend since the middle of last month. Data from the Central Bank of Nigeria showed that the...

FG Blames Vandalism, Theft, Subsidy As Nigeria’s N9trn Oil Revenue Becomes Threatened Nigeria’s oil production slumped by 28 million barrels between January and July 2022, threatening the Federal Government’s N9.37tn oil and gas revenue target by the end of the...

Despite Economic Challenges, Insurance Sector Recorded 6.2% Growth In Q1, 2022   The National Insurance Commission (NAICOM), has said that in spite of macro economic challenges which has bedeviled businesses in Nigeria, insurance sector recorded a year-on-year growth rate of 6.2...

Stock Investors Lose N571bn In A Week   Investors lost N571bn at the end of trading on the floor of the Nigerian Exchange Limited last week. The NGX All-Share Index and market capitalisation of equities listed on the NGX depreciated by 2.09...

ABP: CBN Disbursed N75.9bn Loan To Farmers In two months   The Central Bank of Nigeria (CBN) disbursed N75.9 billion loan to farmers between last November and December, under the Anchor Borrowers’ Programme (ABP). The fund was to support the cultivation of...