Month: May 2025
Nigerian Treasury Bills Yield Falls to 21% Ahead of Inflation The average yield on Nigerian Treasury bills fell to 21%…
FCMB Exposure to Legal Issues Rises by 350% in 1-Year FCMB Plc’s exposures to legal claims or lawsuits from third…
Abia Govt, MTN Sign MoU to Boost Digital Transformation The Abia Government has signed a Memorandum of Understanding (MoU) with…
NIMASA Unveils 12 Banks to Disburse CVFF Single-Digit Interest The Nigerian Maritime Administration and Safety Agency (NIMASA) says it has…
FG Launches Major Overhaul of Electricity Distribution Companies The Federal Government of Nigeria has launched a major initiative to overhaul…
Naira Rises Against Dollar, Sterling, Euro in FX Market The naira rallied against the currency majors—the United States dollar, British…
UN Cash-Strapped as U.S. Owes $1.5bn Dues, Others $900m The UN says it is undergoing some dire financial strain amid…
MTN Nigeria Slides amidst Substantial Cross Deals MTN Nigeria pulled back from its fresh 52-week high in the equities market…
Oil Prices Drop over Demand, Supply Imbalance Oil prices fell due to a demand and supply imbalance in the global…
Nigeria’s Economy Improving Due to Reforms—World Bank Taimur Samad, World Bank’s Acting Country Director for Nigeria, has stated that the…