Transactions in Fixed Income, Currently Market Hit N67.4tn The fixed income and currency over-the-counter (OTC) market enjoyed high patronage in June as the value of transactions...
Interbank Rates Rise as CBN Sells Treasury Bills, Dollars Nigeria’s interbank lending rate rose to around 20 per cent on Friday, from five per cent on...
Construction Industry Struggling to Survive Financial and construction experts have lamented that the bad economic situation in the country is affecting the growth of the construction...
FG Trains Surveyors in Boundary Management In a bid to address communal conflicts caused by boundary disagreements in the states, the Federal Government, through the Office...
Britain to Invest in Nigeria’s Oil Pipelines, Others The British government has said it will invest in Nigeria’s oil pipeline infrastructure, renewable energy, as well as...
Why CBN Can’t Cut Interest Rate Now The Governor of the Central Bank of Nigeria, Mr. Godwin Emefiele, has said the high inflation rate and rising...
CBN Sells TBs Above Inflation to Attract FX Flows The Central Bank of Nigeria has offered six and 12-month Treasuries at yields higher than the country’s...
Debt Servicing Gulped N7.88tn in Five Years The Federal Government spent $25.82bn to service its debts between 2012 and 2016, the Debt Management Office has said....
Cash Crunch Hits Banks as CBN Mops up Naira In order to reduce demand for foreign exchange, especially the dollar, the Central Bank of Nigeria has...
Agric Leads Non-oil Export Proceeds with N105.06bn in First Quarter Efforts by the federal government to diversify the economy and generate foreign exchange from other sources...