Remittances to African Economies Dip at 6.1% to $33b World Bank Statistics have shown that remittance to African countries have declined by an estimated 6.1 per...
‘Fed Govt Owes NNPC N170.6b’ The Nigerian National Petroleum Corporation (NNPC) said yesterday that the government is owing it N170.6 billion in unpaid subsidy between January...
Conglomerates Industry Dominates NSE Activity Chart The conglomerates industry (measured by volume) led the activity chart last week on the Nigerian Stock Exchange with 4.110 billion...
BDCs Back Nigeria’s Return to JPMorgan Bond Index The Association of Bureaux De Change Operators of Nigeria says the Federal Government’s plan to open talks with...
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...
