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CBN Fixes Oct For launch Of N15trn Infrastructure Fund

CBN Fixes Oct For launch Of N15trn Infrastructure Fund           The Central Bank of Nigeria announced that InfraCorp Plc, the N15trn Infrastructure Fund which will boost funding for capital projects, will be launched in October. The CBN Governor, Godwin Emefiele, disclosed this on Tuesday in Abuja at...

Nigeria To Raise $3bn Eurobond In October – Finance Minister

Nigeria To Raise $3bn Eurobond In October - Finance Minister       Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed has said the nation plans to raise about $3b in the Eurobond market in the second week of October. In an interview with Bloomberg TV, Ahmed...

Fed Govt Presents Budget October, Targets €3bn From Eurobonds

Fed Govt Presents Budget October, Targets €3bn From Eurobonds       President Muhammadu Buhari may present the 2022 Appropriation Bill to a joint session of the National Assembly on a yet-to-be determined date in October. The Minister of Finance, Budget and National Planning, Zainab Ahmed, gave the hint...

Major Food Prices Increased In October, Says NBS Report

Major Food Prices Increased In October, Says NBS Report         The National Bureau of Statistics on Tuesday said the prices of some major selected food items increased in October 2020. In its just released report on Food Price Watch for October 2020, the bureau revealed that the...

Foreign Reserves Declined To $35.69bn In October

Foreign Reserves Declined To $35.69bn In October       The country’s foreign reserves fell to $35.689bn as of the end of October, according to figures obtained from the Central Bank of Nigeria. The CBN disclosed that the reserves which was $35.72bn as of the end of September lost...

Stock Market Ends October Positive

Stock Market Ends October Positive       Transaction activities on the equity market closed the last week of October on the positive trajectory as the NSE All-Share Index and Market Capitalisation appreciated by 6.39 per cent to finish the week at 30,530.69 and N15.96tn, respectively. Similarly, all other...