Year: 2024

The Nigeria Computer Society (NCS) on Tuesday emphasised the need for partnership between itself and financial institutions to mitigate cyber-attacks.

The Ministry of Industry, Trade, and Investment (FMITI), says its Skill-UP Artisans Programme (SUPA) will empower 10 million Nigerians with industrial skills

The Federal Government  has secured investment commitments of more than 30 billion dollars across different sectors of the economy.

Nigeria’s sovereign Eurobonds experienced positive trading activity in the international market, which caused yield to decline by 7 basis points. Foreign investors logged fresh demand for Nigeria’s US dollar, causing the average yield to decline by 0.07% to 9.91%, according to Cowry Asset Management Limited.

The Nigeria Customs Service (NCS), Seme Area Command, says it generated N2.63 billion between January and May.

Dangote Refinery’s senior executive has disclosed the company’s intention to pursue a dual public listing on the Nigerian Exchanges (NGX) and the London Stock Exchange (LSE).

In the bond market, there was slight trading activity for FGN Bonds in the secondary space. However, the average yield stayed muted at 18.69%, sustaining negative interest yield on naira asset.

Treasury bills that were purchased in the fixed interest securities market saw a rise following high bids and allotments at the Central Bank of Nigeria’s (CBN) primary market auction (PMA) last week.

Dr Doris Anite, Minister, Industry, Trade, and Investment(FMITI),  says President Bola Tinubu Administration’s N200 billion Presidential Palliative Programme

With rights issue in the pipeline, Moruf Oseni Wema Bank Managing Director/Chief Executive Officer said the Nigerian lender’s capital base stands at N55 billion. Oseni said this at the 2023 annual meeting with shareholders, adding that Wema Bank is set to raise N200 billion in capital within the 24-month timeline issued by the Central Bank of Nigeria (CBN).