CBN to Issue N205bn T-Bill July 19
The Central Bank of Nigeria (CBN) would issue N204.95bn in treasury bills at an auction on July 19, aiming to raise N36.78bn in three-month...
Nigeria’s Debt Strategy: We Will Borrow But- Adeosun
Following recent reports on comments by the Minister of Finance about Nigeria’s debt strategy and ability to borrow, the Federal Government has said that...
Uncertainties in Oil Market Threaten 2017 Budget
Implementation of 2017 Budget is under threat by uncertainties in the global oil market, the Minister of State for Petroleum Resources, Dr Ibe Kachikwu,...
FG to Insure Assets Adequately- Adeosun
The Minister of Finance, Mrs Kemi Adeosun has said that the Federal Government will consolidate on the progress it has made in the insurance...
CBN Boosts Forex With Additional $142m
The Central Bank of Nigeria (CBN) has injected $142.5 million into the inter-bank foreign exchange, days after intervening in the retail segment of the...
Nigeria Strategises to Beat Inflation By 2020
Nigeria has resolved to bring down the inflation rate to a single digit by 2020 and rates dip consecutively in four months.
The National Bureau...
Ogun Customs Generates N1.1b in 2 Months
The Ogun State Area Command of Nigeria Customs Service (NSC) has generated the sum of N1.1b in the last two months, with assurance to...
Nigeria’s gas export increases to 388,000 metric tons
The export of Liquefied Natural Gas (LNG) from Nigeria to China, Turkey, India and other countries has risen over the last six months.
Also, the...
FOREX: CBN Boosts Retail Segment with $254.3m
Players in the retail segment of the Nigerian inter-bank foreign exchange market received a $254.3m boost from the Central Bank of Nigeria (CBN) following...
FOREX: CBN announces bids for retail auction
The Central Bank of Nigeria (CBN) has announced bids for retail auction by authorized dealers in the inter-bank foreign exchange market, following its intervention...
CBN injects $195m into interbank market
The Central Bank of Nigeria (CBN), in continuation of its drive to ensure liquidity and stability in the foreign exchange (forex) market, has injected...
CBN Issues N32bn T-Bill to Tighten Liquidity
CBN,The Central Bank of Nigeria sold N31.94bn ($104.76m) in Treasury bills in a bid to tighten liquidity in the money market while overnight lending...
Equities Gain Over N2.2trn in First Half
Equities’ investors at the stock market are smiling to the bank as they netted more than N2.2 trillion gains in the first half of...
Nollywood: FG Disburses N420.2m Innovative Distribution Fund to Beneficiaries
The Federal Government has made good its promise of rejuvenating the Nollywood Industry by injecting and distributing the 2nd and last tranche of N420.2million...
FG Extends Duration of Financial Support to States
The National Executive Council (NEC) Thursday extended the lifespan of the federal government’s financial support to various states of the federation, to cushion the...
Naira rebounds, exchanges for N366 to a dollar
The Naira has appreciated against the dollar at the parallel market barely 24 hours after the Central Bank of Nigeria (CBN) injected 195 million...
World Bank Earmarks $215m for community projects in Nigeria
The World Bank has committed a total of $215m to the execution of rural community development projects across the country under its Community and...
FEC Approves N2.4bn for NAHCON Plaza
The Federal Executive Council has approved N2.4 billion for the purchase of Abuja Metro Plaza to serve as the Corporate Headquarters of the National...
Nigeria earns N48trn from exports to Europe, Asia- NBS
Nigeria exported goods worth N48.70 trillion to Europe, Asia, America, Africa and Oceania in the last four years.
Analysis of the data sourced from the...
Shareholders Advise Banks to Takeover Etisalat
Some shareholder groups in the nation’s capital market on Tuesday urged Etisalat Nigeria to settle the N1.2 billion debt it owed 13 commercial banks...
