Naira Crashes to 516 as dollar scarcity widens The naira appears to have entered a free fall mode with the local currency selling for 516 per...
CBN Borrows N202.4bn via T-Bills at Yields Below Inflation The Central Bank of Nigeria sold N202.44bn worth of Treasury bills at an auction on Wednesday at...
FG Owes Retirees N143bn, says PenCom The National Pension Commission on Thursday said that the Federal Government owed a total of N142.6bn in pension liabilities to...
Naira Exchanges at Record-low, N510 a Dollar The Nigerian Naira continued to depreciate against the U.S. dollar on the parallel market, despite the claim of a steady...
FG Considers TSA Funds to Part-fund Budget The Federal Government is currently planning a framework that will allow it to deploy some of the funds in...
CBN to Reduce $11bn Food Import Through NIRSAL The Central Bank of Nigeria through the Nigerian Incentive-Based Risk Sharing for Agricultural Lending has disclosed plans to...
FMDQ to Admit First Listing of FGN Eurobonds The FMDQ Over-the-Counter Securities Exchange is set to admit the pioneer listing of the $1bn Federal Government of...
Jaiz Targets N5.56 Billion Profits by 2021 Jaiz Bank Plc, a non-interest financial institution is targeting a profit After Tax (PAT) of N5.56 billion by the...
‘Domestic Airlines Pay 40% of Ticket Revenue as Tax’ The Airline Operators of Nigeria has said the domestic carriers in the country are being stifled by...
Nigeria to Service $1b Eurobond With N361b Nigeria is considering a new debt service provisioning of N361 billion ($1.2 billion) for the $1 billion (N305.1 billion)...