The Federal Government has said it will today (Monday) offer for subscription two-year and three-year Savings Bonds to investors at 13.54 per cent and 14.54 per cent, respectively. A statement issued by the Debt Management Office (DMO) on Sunday in Abuja said the two-year bond...

The Federal Government has concluded arrangements to launch its first-ever savings bonds into the domestic bond market next month, providing the retail investing public opportunity to invest in sovereign bond issue for as low as N5,000. Market sources and parties to the savings bonds, to...

The equities market on Wednesday depreciated by 0.79 per cent, causing the market capitalisation of the Nigerian Stock Exchange to fall by N71bn at the close of trading. This aggravated the poor performance since the beginning of the week, dragging down the year-to-date return on...

Finance Minister, Mrs. Kemi Adeosun gave some insight on the Federal Government’s borrowing plans and how it intends to spend the  $29.960 billion foreign loans to address infrastructure deficit in the country. Speaking through her Special Assistant, Media, Festus Akanbi, Adeosun said the external borrowing...

The Management of Jaiz Bank Plc has been advised to strengthen its corporate governance in order to weather the storm of economic challenges that is currently facing Nigeria’s banking industry. The Managing Director/Chief Executive Officer of Nigeria Deposit Insurance Corporation (NDIC), Alhaji Umaru Ibrahim gave...

The Debt Management Office (DMO) has disclosed plans to raise N110 billion ($553 million) in local currency denominated bonds on April 13, the Debt Management Office (DMO) said on yesterday. The office said it will sell N50 billion of a bond maturing in 2036, N40...