FG Lists January Savings Bonds     The Federal Government at the weekend listed two new tranches of its Federal Government of Nigeria Savings Bond (FGNSB) on the Nigerian Stock Exchange (NSE), paving the way for investors to trade on the debts. The two bonds – a two-year...

Stock Investors Gain N1.13trn In January       Despite the prevailing economic downturn and the devastating effect of the COVD-19 crisis, the Nigerian stock market sustained eight consecutive months of bull-run from April 2020, even as investors’ fortunes soared significantly by N1.130 trillion in January. For instance, the...

OPEC’s January Crude Oil Production Rises         The Organisation of Petroleum Exporting Countries (OPEC’s) crude oil production increased by 160,000 barrels per day (bpd) in January as the non-member countries called OPEC+ alliance is easing the output cuts in the first month of the year, it...

Fed Govt’s January Bonds Oversubscribed By N88.28bn       The Federal Government’s bonds for January worth N150bn which were auctioned on Wednesday were oversubscribed by N88.28bn, the Debt Management Office disclosed on its website. The total subscription received from investors for the bonds was N238.28bn, comprising of N91.84bn...

Wheat, Sugar Lead Import For January, 2021         There are indications that the confectionary industry will experience a boom in the first quarter of 2021 as wheat, the major condiment for bread and other confectionaries, is leading the import chart with a total of 178,358 metric...

The Nigerian Communications Commission, NCC, has said that the active subscribers in Nigeria’s telecommunications industry increased by 340,525 in January. The regulatory body made this known in its Monthly Subscriber Data, which was made available to the News Agency of Nigeria in Lagos on Sunday. Active...