Fixed Income, Currency Markets Transactions Gain 51% Rise To N29trn More investors are turning to the fixed income and currency (FIC) markets as the market recorded a jump of 51%  in the value of investment in the month of March. The market, which is run by...

Lagos, 3 Others Owe Over Half Of States’ Foreign Debt Four states of the federation — Lagos, Edo, Kaduna and Cross River — dominate the list of sub-national governments indebted to foreign bodies, statistics obtained from the Debt Management Office, has shown. Analysis of the DMO...

Nigeria Produces 55.85m Tons Of Solid Minerals, NBS Says Nigeria produced a total of 55.85m tonnes of solid minerals in the 2018 fiscal year, data released by the National Bureau of Statistics have revealed. The NBS, in its mining and quarrying data report, which was released...

Slowdown In Global Economic Growth To Weaken Oil Demand - OPEC   Organization of the Petroleum Exporting Countries (OPEC), has warned that slowing global economic growth would weaken oil demand for 2019, providing support to calls by some of the bloc’s members to extend price-bolstering crude...

Investors Incur N517bn Post-election Trading Loss Investors in the nation’s stock market lost N517bn in 12 days. The investors lost N289bn after the presidential and National Assembly elections, and N228bn in two days after the governorship and House of Assembly polls. Losses on the Nigerian Stock Exchange...

Investors Gear Up For N89bn Treasury Bills Auction The Central Bank of Nigeria (CBN) will this week auction treasury bills worth N89.50 billion. A breakdown of the debt instrument to be sold by the regulator includes 91-day bills worth N5 billion; 182-day bills worth N14 billion...