DMO Includes Eurobonds On FMDQ, Nigerian Stock Exchange
DMO Includes Eurobonds On FMDQ, Nigerian Stock Exchange
The Debt Management Office (DMO) last Friday, listed the first Eurobonds on the FMDQ Securities Exchange and...
Agric Insurance’ll Boost Financial Inclusion, NAIC CEO Says
Agric Insurance'll Boost Financial Inclusion, NAIC CEO Says
The Managing Director/Chief Executive Officer, the Nigerian Agricultural Insurance Corporation, Mrs Folashade Joseph, has said that agricultural...
Nigeria: Going Beyond N9trn Asset With Pencom’s Micro-Pension Plan
Nigeria: Going Beyond N9trn Asset With Pencom's Micro-Pension Plan
A significant growth in the pension industry's asset size beyond the current value of N9.03 trillion...
NSIA’s Assets Grow To N617bn Under Management
NSIA's Assets Grow To N617bn Under Management
The Nigeria Sovereign Investment Authority has grown its assets under management to $1.9bn (N617.69bn).
The Managing Director and Chief...
Discos’ Debt To Transmission Company Reaches N231bn
Discos' Debt To Transmission Company Reaches N231bn
The indebtedness of power distribution companies to the Transmission Company of Nigeria has risen to N231bn as of...
Ekiti, 2 Others Earmarks N5.7bn For Travels, N2.5bn For Agric
Ekiti, 2 Others Earmarks N5.7bn For Travels, N2.5bn For Agric
Despite talks about the need to diversify the economy away from the dependence on the...
Africa FDI Rises As Global Investment Drops To $1.3trn
Africa FDI Rises As Global Investment Drops To $1.3trn
Although global foreign direct investment (FDI) flows suffered a setback of about 13 per cent in...
Nigeria’s Oil Revenue Hits N85trn In 5Years – Report
Nigeria's Oil Revenue Hits N85trn In 5Years - Report
Nigeria earned about N85 trillion, or $236.2 billion from oil between 2014 and 2018, the 54th...
FGN’s 2nd Green Bond Oversubscribed By N17.93bn
FGN’s 2nd Green Bond Oversubscribed By N17.93bn
The Federal Government of Nigeria’ second Sovereign Green Bond which was opened to the public on Monday, was...
Foreign Investment Into Nigeria Plunges By 43% – UN report
Foreign Investment Into Nigeria Plunges By 43% – UN report
Foreign direct investment in Nigeria, Africa’s top oil producer, plunged by 43 per cent to...
Refund $1.6bn To NNPC Subsidiary, Court Orders Firm
Refund $1.6bn To NNPC Subsidiary, Court Orders Firm
An arbitration court has directed on Atlantic company to pay $1.6billion to a subsidiary of the Nigerian...
NCC Donates N65m To 11 Varsities For Technology Research
NCC Donates N65m To 11 Varsities For Technology Research
The Nigerian Communications Commission has awarded N65m grant to 11 universities to carry out technology research...
In March, Nigeria’s Refineries Operate At 5.55% Capacity, Record N16bn Deficit
In March, Nigeria’s Refineries Operate At 5.55% Capacity, Record N16bn Deficit
Nigeria’s four refineries operated at just 5.55 per cent of their combined nameplate capacity...
CBN Signals Weaker Official Naira Rate – Report
CBN Signals Weaker Official Naira Rate - Report
The Central Bank of Nigeria (CBN) has signalled it will allow the naira to weaken past its...
NIRSAL Recieves Fresh N4.5bn From 3 Banks For Farmers
NIRSAL Recieves Fresh N4.5bn From 3 Banks For Farmers
The Nigerian Incentive-Based Risk Sharing System for Agricultural Lending has secured a total of N4.5bn from...
Debt Servicing Consumes Over 50% Of Nigeria’s Revenue, Says AfDB
Debt Servicing Consumes Over 50% Of Nigeria’s Revenue, Says AfDB
Debt servicing gulps more than 50 per cent of Nigeria’s revenue, the African Development Bank...
Ex-Amcon Boss: Power Sector Can Attract $30bn In Three Years
Ex-Amcon Boss: Power Sector Can Attract $30bn In Three Years
A former Managing Director of the Assets Management Corporation of Nigeria has said the liberalisation...
TCN Says, “FG, Discos Need $4.3bn To Improve Power Supply”
TCN Says, "FG, Discos Need $4.3bn To Improve Power Supply"
Power distribution companies require $4.3bn to recapitalise in order to effectively invest in their networks...
Fuel Subsidies, Others Costing FG N4trn – AAC Boss
Fuel Subsidies, Others Costing FG N4trn - AAC Boss
The Executive Vice Chairman, Alpha African Advisory, Mr. Mustafa Chike-Obi, has said subsidies on fuel, foreign...
Adesina: AfDB Invested $1bn On African SMEs, Others
Adesina: AfDB Invested $1bn On African SMEs, Others
The African Development Bank (AfDB) has so far invested about $1 billion on small businesses and infrastructure...
