External Reserves Lost $350m In Two Weeks - CBN       The country’s external reserves lost $350m in two weeks, falling to $34.9bn on April 29 from a high of $35.25bn as of April 16. Figures obtained from the Central Bank of Nigeria on Monday revealed that the...

Stock Investors Gained N420bn In April       Investors in the Nigerian stock market gained N420bn in April as listed companies began releasing their earnings reports for the first quarter of the year. The market capitalisation of equities rose to N20.85tn as of April 30 from N20.43tn at...

Fed Govt To Auction N150bn Bonds In April     The Debt Management Office on Wednesday disclosed that the Federal Government would offer N150bn bonds for subscription in April. A circular by the DMO on its website showed that the breakdown of bonds comprised of three bonds worth...

Fed Govt Opens April Savings Bonds       The Federal Government has through the Debt Management Office opened the April savings bond offer to investors. The DMO on Tuesday disclosed on its website the two-year and three-year savings bonds offers for subscription. They are two-year FGN bonds due on...

House'll Pass PIB Into Law In April, Says Gbajabiamila       Speaker, House of Representatives, Femi Gbajabiamila has reiterated the commitment of the parliament to passing the Petroleum Industry Bill, PIB into law in April this year. The Speaker gave the assurance while making his remarks at the...

Forex Inflow Declined By $2.43bn To $9.72bn In April     Nigeria’s foreign exchange (forex) inflow dropped by 25 per cent to $9.72 per cent in April, from the $12.15 billion recorded in March, according to a report by the Central Bank of Nigeria (CBN). The apex bank,...