The Debts Management Office ((DMO) says it will sell Federal Government bonds worth N85 billion. The DMO said in a statement titled “June…
Finance
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The market indices of the Nigerian Stock Exchange (NSE) depreciated further by 0.42 per cent on Friday due to massive sell pressure. The market…
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Naira depreciated against some major international currencies at the official and parallel markets on Friday. At the official market, the naira exchanged…
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Boards of Governors of African Development Bank (AfDB) and of the African Development Fund (ADF) announced the return of the AfDB to…
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The Central Bank of Nigeria (CBN) has commenced arrangements for the start off of its cashless policy in Abuja and five other…
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Price Losses by major blue chip companies forced the market indicators of the Nigerian Stock Exchange (NSE) to depreciate after seven days…
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THE EXCERPT: I want to start by saying that we are never upset by a critical examination of what we are doing.…
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Nigeria’s total debt stock stood at $53.46 billion as at end-March 2013. This is the aggregate of Federal Government, State governments and…
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Weekly trading on the Nigerian Stock Exchange (NSE) opened on a positive note as the All-Share Index appreciated marginally by 0.07 per…
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Former South African President, Mr. Thabo Mbeki said that African leaders launder about $50 billion into foreign banks annually. Mbeki made the…
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Nigeria’s poverty rate should be falling faster given its economic growth this decade, an official of the International Monetary Fund said. The…
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The Central Bank of Nigeria (CBN) has retained the lending rate at 12 per cent, the Governor, Malam Sanusi Lamido Sanusi, said.…
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The Nigeria Sovereign Investment Authority, NSIA, has disclosed the allocation of its $1 billion (about N155 billion) take-off of capital to the…
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The naira eased against the U.S. dollar on the inter-bank market on Wednesday as strong demand from importers of fuel and other…
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The Debt Management Office has said that Nigeria will continue to maintain a debt to Gross Domestic Product threshold of 40 per…