Equities Lose N156b as Selloff Worsens The profit-taking trend at the Nigerian stock market entered the fourth consecutive trading session yesterday as increased open order for...
FG Considers $2.5bn Borrowing via Eurobonds The Federal Government will consider raising $2.5bn through Eurobonds in the first quarter to refinance a portion of its domestic...
Bullish Sentiment Crowds Debt Markets The Federal Government of Nigeria bond auction result showed that the FGN July-2021 and FGN March-2027 instruments were issued at respective...
Market Sheds N143bn as 43 Stocks Lose Losses in the equities market were extended into the third consecutive trading session as 43 stocks dragged the market...
MPC may cut interest rates before July–Emefiele The Central Bank of Nigeria’s Monetary Policy Committee may start cutting interest rates in the first half of the...
BoI Gets Approval to Recover NERFUND’s N17.5bn Bad Loans The Federal Government has given approval to the Bank of Industry to recover the N17.5bn outstanding loans...
How Fidelity Bank Staff Absconded with N250m Depositor’s Money Full scale investigation into the N250million fraud rocking the Allen Avenue, Ikeja branch of Fidelity Bank Plc...
AfDB’s Loan to Nigeria to Cross $8b Mark The African Development Bank (AfDB) plans to increase its loans to Nigeria by more than $2 billion next...
FAAC Allocates N655bn to FG, States, LGs The Federation Account Allocation Committee on Tuesday distributed the sum of N655.17bn to the three tiers of government as...
Senate Panel Orders Audit of Total’s $16bn Egina Project The Senate Ad Hoc Committee on Investigation of the Local Content Elements and Cost Variations of the...