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Thursday, January 18, 2018

World Forecasts 2.5% Growth For Nigeria In 2018

World Forecasts 2.5% Growth For Nigeria In 2018 The World Bank has forecast that economic growth in Nigeria would edge up to at least 2.5...

New Refineries As Solution To Nigeria’s Fuel Challenge

New Refineries As Solution To Nigeria’s Fuel Challenge Massive fuel importation to continue Subsidy payment to last till 2019 FG, others bank on modular plants,...

Nigeria spends 34% of revenue on debt servicing – DMO

Nigeria spends 34% of revenue on debt servicing – DMO Nigeria spends 34 per cent of its revenues on debt servicing, the Debt Management Office...

Banks Borrow N404bn From CBN In Six Days

Banks Borrow N404bn From CBN In Six Days The Deposit Money Banks in the country borrowed the sum of N404bn from the Central Bank of...

Average T-bills Yield Settles At 14.64%

Average T-bills Yield Settles At 14.64% Bearish sentiments characterised the secondary market for Treasury bills on Tuesday, as the yield on all tenors advanced. The yields...

2017 Budget: Debts On Federal Roads Hit N2.8tn

2017 Budget: Debts On Federal Roads Hit N2.8tn Liabilities on Federal Government’s road projects have hit N2.792tn, the Minister of Power, Works and Housing, Mr....
cbn

Trading On CBN Investors & Exporters FX Window Hits $26bn

Trading On CBN Investors & Exporters FX Window Hits $26bn The Central Bank of Nigeria’s Investors and Exporters foreign exchange window recorded approximately $26bn transactions...

Equities Gain N330bn In One Session, Conoil Tops Gainers

Equities Gain N330bn In One Session, Conoil Tops Gainers The stock market opened the week on a positive trajectory as the Nigerian Stock Exchange market...

Solid Minerals Contributed N3.5bn To Federation Account In 2017

Solid Minerals Contributed N3.5bn To Federation Account In 2017 The solid minerals sector contributed N3.5bn to the Federation Account between January and November 2017, the...
CBN Governor

Nigeria’s External Reserves hit $40.4 Billion

Nigeria’s External Reserves hit $40.4 Billion …As CBN injects $210 m into interbank market As projected by the Governor, Central Bank of Nigeria (CBN), Mr. Godwin...

Stock Market: 14 Companies Raise N340bn In Rights Issue Boom

Stock Market: 14 Companies Raise N340bn In Rights Issue Boom —Lafarge Africa,Unilever, 3 Others Lead With 94% Prompted by increased investor confidence in the Nigerian...

Nigeria Exiting Recession, But Economy Remains Vulnerable- IMF

Nigeria Exiting Recession, But Economy Remains Vulnerable- International Monetary Fund The International Monetary Fund(IMF) has said while Nigeria is gradually exiting recession, her economy remains...

Customs Record Highest Revenue Ever Of N1tn

Customs Record Highest Revenue Ever Of N1tn The Nigeria Customs Service announced on Thursday that it recorded its highest revenue collection ever with a total...

FEC Approves N377.53b Contract For Infrastructure At Extraordinary Meeting

FEC Approves N377.53b Contract For Infrastructure At Extraordinary Meeting   The Federal Executive Council (FEC) ‎in their extraordinary meeting Wednesday approved N377.53 billion for the development...
Kemi Adeosun Finance Minister

FG Finally Releases N739bn Capital Vote To MDAs

FG Finally Releases N739bn Capital Vote To MDAs Ostensibly responding to the National Assembly’s complaint over the low implementation of the capital component of the...

Nigerian Equities Market Rebounds on Bargain Hunting

Nigerian Equities Market Rebounds on Bargain Hunting Nigerian equities market witnessed a rebound wednesday after two days of bearish as the Nigerian Stock Exchange (NSE)...

N8bn Investment Secured By Resort Savings

N8bn Investment Secured By Resort Savings Resort Savings & Loans Plc has expressed its preparedness to play a dominant role in the country’s mortgage banking...

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...

Embrace Forensic Audit To Eradicate Corruption, Auditors Tell FG

Embrace Forensic Audit To Eradicate Corruption, Auditors Tell FG The Association of Forensic and Investigative Auditors in Nigeria has said that the high rate of...

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...

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