Debt Management Office raised a total of N56.05 billion in a bond auction out of the N150 billion it intended to…
Category:
Finance
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The African Development Bank Group (AfDB) said it has debarred Chongqing International Construction Corporation (CICO) for a minimum period of twelve…
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Central Bank of Nigeria is billed to raise the sum of N193.14 billion worth of treasury bills at an auction on August…
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The Nigerian stock market extended its gains as the All Share Index (ASI) rose 0.3 per cent to settle at 37,059.21 points…
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The Revenue Mobilisation, Allocation and Fiscal Commission (RMAFC) has said that it is poised to recover the sum of N56.6 billion from…
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Investors at the Nigerian Stock Exchange gained N130 billion in today’s trading as market capitalisation improved by N130 billion following gains posted…
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A new report by the World Economic Forum “Beyond Fintech, a programatic Assessment of disruptive potential in financial services” has said that…
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EconomyFinanceNews
Osinbajo to ECOWAS bank: Evolve innovative ways of mobilising resources to end poverty
By Omoh Gabriel Vice President Yemi Osinbajo has urged ECOWAS Bank to invest in the future of youths in the subregion in…
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Ten poultry farmers registered under Nigeria’s broiler out-grower scheme, natnuPreneur, have become the first beneficiaries of Central Bank of Nigeria (CBN)’s poultry…
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At the close of trade today, the benchmark index dipped 91bps to settle at 36,584.44 points whilst YTD gain moderated to 36.1%. As…
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The Chartered Institute of Bankers of Nigeria (CIBN) will induct 1034 new members in Lagos on Saturday. The institute said the new…
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About 7,000 investors mostly retail have so far subscribed to the recently introduced Federal Government Savings Bond. The bond was introduced in…
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Central Bank of Nigeria has reviewed the commercial credit scheme with the intention of making the N200 billion funding more accessible to…
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A total volume of 327,366,042 transactions valued at N19.78 trillion were recorded in the three months of April through June 2017 as…
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FinanceNewsStock Market
Interbank rate falls on matured T-bills, as stock index rises on bank shares gain
Nigeria’s interbank overnight lending rate fell sharply on Friday to an average of 12 per cent from around 60 per cent a…