Yields on new Nigerian Treasury bills fell sharply to 21% in the secondary market as investors scrambled to buy after failing ...
Banks are paying more to borrow money after the Nigerian Treasury bills auction reduced the cash available in the financial system.
Investors showed strong interest in stocks from top Nigerian banks like GTCO, Zenith Bank, and others on Thursday, pushing up the ...
The Nigerian bond market experienced increased selling activity as investors prepared for the government’s first bond auction of ...
Nigeria’s Vice President, Kashim Shettima, joins global leaders in advocating for the full implementation of the African Continental Free Trade Area (AfCFTA) to position Africa’s economy for a ...
Nigeria’s first domestic dollar-denominated bond adds N1.47 trillion to the country’s total domestic debt, according to the latest Debt Management Office (DMO) report.
Despite being the largest economy and most populous nation in Sub-Saharan Africa (SSA), Nigeria has not yet positioned itself as a significant source of foreign direct investment (FDI) or remittances ...
The Nigeria Customs Service (NCS), in collaboration with other regulatory agencies has commenced the nationwide destruction of ...
The Federal Government of Nigeria (FGN), through the Debt Management Office (DMO), announces plans to generate N450 billion from its January 2025 bond auction. This amount exceeds the N360 billion ...
Nigeria’s foreign exchange reserves experience a sharp decline, falling by $832.62 million between January 6 and January 21, 2025, according to data from the Central Bank of Nigeria (CBN).
The Central Bank of Nigeria (CBN) has projected that the country’s economy will grow by 4.17% in 2025, showing signs of ...
The Manufacturers Association of Nigeria (MAN) urges the Federal Government to prioritize the timely passage of the ...