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Wednesday, June 23, 2021

DMO Lists $300m Diaspora Bank, $3bn Eurobonds on NSE, FMDQ OTC

DMO Lists $300m Diaspora Bank, $3bn Eurobonds on NSE, FMDQ OTC The Debt Management Office (DMO) wednesday announced that it will list the $300 million...

Transactions On FMDQ OTC Exchange Rise To N130tn In 11 Months

Transactions On FMDQ OTC Exchange Rise To N130tn In 11 Months Transactions in the fixed income and currency markets rose by 21.9 per cent to...
Nigerian Stock Exchange

Investors Lose N171bn As Equities Plummet

Investors Lose N171bn As Equities Plummet The Nigerian equities market started the week on a negative, leading to N171bn loss for investors, a total of...

DMO Assures Investors On N10.96bn Green Bond

DMO Assures Investors On N10.96bn Green Bond The Debt Management Office, DMO has disclosed that N10.96 billion sovereign green bond, the first ever in Nigeria...

Nigeria Spends N2.07trn On Fuel Import In 9 Months

Nigeria Spends N2.07trn On Fuel Import In 9 Months Nigeria spent N2.068 trillion on the importation of petroleum products within a nine-month period, from January...

UK Agrees To Return Nigeria’s $85m Malabu Oil Loot

UK Agrees To Return Nigeria’s $85m Malabu Oil Loot After many years of legal fireworks, the United Kingdom has given the final clearance for Nigeria...
cbn

Banking Industry Fraud Drops By 38% In Two Years

Banking Industry Fraud Drops By 38% In Two Years   The Central Bank of Nigeria (CBN) at the weekend disclosed that despite the increase in the...

Nigeria Spends N43tr On Food Imports

Nigeria Spends N43tr On Food Imports Minister of Science and Technology, Ogbonnaya Onu, said, the National Bureau of Statistics has said that the country spent...

2018:  N10bn Solar Streetlight Project In Varsities Under Scrutiny

2018:  N10bn Solar Streetlight Project In Varsities Under Scrutiny The Senate Committee on Power, Steel Development and Metallurgy on Thursday criticised a solar-powered streetlight project...

E-payment Transactions Drop To N19.33trn In Q3, 2017

E-payment Transactions Drop To N19.33trn In Q3, 2017 The National Bureau of Statistics, NBS, has said that the value of e-payment transactions recorded by banks...
Amb Ibrahim Yerima, Dr Abdullahi Usman Bello Author, Mr Godwin Emefiele CBN Gov at book launch on Anti-Money Laundering

Bankers Aid Money Laundering in Nigeria- Nuhu Ribadu

Bankers Aid Money Laundering in Nigeria- Nuhu Ribadu The First Executive Chairman of the Economic and Financial Crimes Commission(EFCC), Mr Nuhu Ribadu has said several...

Telcos’ N16.4bn Ad Spend, Highest In The Nigerian Advertising Space

Telcos’ N16.4bn Ad Spend, Highest In The Nigerian Advertising Space With N16.4 billion advertising spend, which is the 18 per cent of the total above...

World Bank To Support FG’s Power Sector Recovery Programme With $1bn

World Bank To Support FG’s Power Sector Recovery Programme With $1bn The World Bank Group and the Federal Government of Nigeria concluded two days of...

NEITI: Nigeria Earned Zero Revenue From Solid Minerals In Q3 2017

NEITI: Nigeria Earned Zero Revenue From Solid Minerals In Q3 2017 Nigeria earned no revenue into her Federation Account from its solid minerals sector in...
Naira Dollar

Naira Drops To N307/$ As Official Rate

Naira Drops To N307/$ As Official Rate On Monday for the first time on the official inter bank market,The Central Bank of Nigeria (CBN) sold...

Cost Of Funds Fluctuation To Persist As N600bn Hit Interbank

Cost Of Funds Fluctuation To Persist As N600bn Hit Interbank The fluctuation of cost of funds in the interbank money market will persist this week...

Lafarge’s N131.65bn Offer To Reduce Foreign Debt, Boosts Profitability

Lafarge’s N131.65bn Offer To Reduce Foreign Debt, Boosts Profitability LAFARGE Africa Plc has disclosed that the net proceeds from its Rights Issue of N131.65 billion...

14 Banks Incur N368.3bn Bad Loans In 9 Months

14 Banks Incur N368.3bn Bad Loans In 9 months Stakeholders in divergent views over implications By Peter Egwuatu THE trending economic recovery news in the...

NDIC settles Depositors of Failed Banks with N105bn As at the end of September 2017,The sum of N105 billion had been paid to 442, 615...
cbn

Bailing Out Banks Costs FG N3trn

Bailing Out Banks Costs FG N3trn The Central Bank of Nigeria (CBN) In the last eight years has committed over N3 trillion to bail out...