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Economy
Huge Funds Chase Nigerian OMO Bills in Search for 21% True Yield The Central Bank of Nigeria (CBN) recorded exceptionally strong investor demand at…
The Minister of Finance and Coordinating Minister of the Economy, Mr Taiwo Oyedele, says Nigeria’s economy has stabilised.
Nigeria’s gross external reserves topped $53 billion, driven by sustained FX inflows from sources
The Speaker of the House of Representative, Rep. Tajudeen Abbas says the current administration cannot afford to fail Nigerians by changing the rots and chart a new course for the citizenry
President Bola Tinubu has sought the approval of the Senate for 2023-2024 external borrowing plan of 8.6 billion
The Nigerian local currency, the naira, was knocked down against the overweight US dollar at the foreign exchange
The House of Representatives has threatened to hand over the management of Nigeria Civil Aviation Authority (NCAA) to Economic and Financial Crimes Commission (EFCC) over alleged missing N43 billion revenue generated in 2022.
The Federal Executive Council (FEC) has approved the 2024 appropriation bill of N27.50 trillion for the 2024 budget with a N1.5 trillion increase from the earlier estimated bill.
The average yield on Nigerian Treasury bills climbed marginally amidst cold trading activities in the secondary market. Transactions conducted on bills in the secondary market were influenced by a recent increase in spot rates on 91- and 182-day Treasury bills by the apex bank.
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