9 ViewsThe Debt Management Office has disclosed that Nigeria is back in the International Capital Market after about three years with a plan to raise at least $3bn from Eurobond issuance. This was contained...
9 ViewsTwo reports from the National Bureau of Statistics have revealed that the prices of kerosene and Premium Motor Spirit, popularly known as petrol, increased year-on-year in August. The National Household Kerosene Price Watch...
11 ViewsPresident Mohammadu Buhari has directed all government data and biometrics collating agencies to harmonise their data collation before the end of his second term in 2023. He gave the directive, Thursday in Abuja,...
8 ViewsLagos Free Zone Company (LFZC), the first free zone in Nigeria with a fully integrated deep seaport, has successful issued N10.5 billion 20-Year Series 1 Senior Guaranteed Fixed Rate Corporate Infrastructure Bonds Due...
7 ViewsPurple Urban Limited, a member of the Purple Group, has announced that it has concluded its Sukuk Bond privately issued to the investing public raising N5 billion. The company in a statement said...
11 ViewsThe naira continued its downward trend after exchanging to the dollar for 570 on Thursday. A week earlier, the naira had traded to the dollar at the rate of 534. According to the...
20 ViewsNigeria has ranked 143rd out of 224 countries, whose broadband speeds were surveyed in the 12 months up to June 30, 2021. The survey, which was released earlier in the week, and made...
17 ViewsFor five months, consecutively, the inflation rate has continued its downward trend to settle at 17.01 per cent (year-on-year) in August 2021 from the previous rate of 17.38 per cent in July 2021....
20 ViewsAccess Bank reported the complete pricing of a United States $500m senior unsecured Eurobond to provide medium-term funding and help enhance its capacity to support its general banking activities. In a statement released...
18 ViewsThe federal government has commenced distribution of improved food storage facilities to farmers in the 19 states of the federation so as to ensure food security for Nigerians. The facilities distributed in the...
20 ViewsThe Nigeria’s total public debt stock rose from N33.11tn as of March 31, 2021 to N35.47tn as of June 30, 2021. This shows an increase of N2.36tn or 7.13 per cent increase within...
25 ViewsThe President, Major General Muhammadu Buhari (retd.), has asked the National Assembly to approve fresh external loans of $4.05bn and €710m for his regime. Experts and Civil Society Organisations who spoke to our...
22 ViewsDespite the bountiful profits reported by deposit money banks in the country in their Q2 reports, it has emerged that double-digit inflation rate, among other factors drove a total of 10 banks Operating...
14 ViewsThe Central Bank Governor, Godwin Emefiele, has said that the country’s Gross Domestic Product can rise to three per cent by the end of 2021. He spoke during the 14th annual Chartered Institute...
16 ViewsThe Federal Government has said that it is targeting an increase in e-commerce trading, from the current market value of $13bn to about $75bn by 2025. The Permanent Secretary, Ministry of Industry, Trade...
19 ViewsWithin a three-year period covering December 2017 to December 2020, Nigeria generated a total sum of N6.5tn from non-oil exports, data from the National Bureau of Statistics have shown. This sum is N5.8tn...
