More Firms Eye Commercial Paper Funding, Market Attracts N240bn Strong indications have emerged that more companies will go for commercial papers (CPs) to meet their short-term...
OPEC Records 82% Compliance on Output Cuts The Organisation of the Petroleum Exporting Countries (OPEC)’s oil output is set to fall by more than 1 million...
Pension Assets Hit N6.02 tn As Recovering Agents Cover N11bn The Contributory Pension Scheme (CPS) now has a total of N6.02 trillion assets. This represents total...
German Unemployment Falls to Record Low as Economy Gathers Pace German unemployment fell to a record low in January in a sign that Europe’s largest economy...
Global Stocks Drop and Gold Gains on Trump Concern Global stocks slumped and gold advanced as Donald Trump’s firing of the U.S. acting attorney general added...
BOJ Holds Stimulus With Little Change in Inflation Outlook The Bank of Japan kept stimulus unchanged and left its inflation forecasts largely untouched as it waits...
Nigeria Generates 97% Tourism Revenue from Domestic Travel Nigeria generated 97 per cent of its tourism revenue from domestic travel in 2016, a new report has...
FMBN Posts N2.7 Billion Operating Surplus for 2016 The Federal Mortgage Bank of Nigeria (FMBN) has posted operating surplus of N2.7 billion for the year ended...
FG Appoints Goldman, Stanbic to Sell Debut ‘Diaspora Bond’ The federal government has asked Goldman Sachs and Stanbic IBTC Bank to advise it on the planned...
NSE Indices Record 0.42% Depreciation Trading resumed on Monday at the Nigerian Stock Exchange on a bearish trend with the market indices dropping by 0.42 per...
