The Federal Government has tasked the newly inaugurated Board of Directors of the Bank of Industry (BOI), to be catalyst for economic growth and industrial

Nigeria’s Eurobond Yield Climbs as Markets Expect Rate Competition Nigeria’s sovereign Eurobond yield climbed in the international market as foreign…

FBN Holdings Keeps Uptrend Ahead of ‘Offer’ Pricing FBN Holdings (FBNH) Plc has continued to recover from the selling spree…

Oil Prices Dip on US Crude Stock Build, Fed Rate Cut Oil prices fell as data indicate an unexpected increase…

Geregu Power Sets for Fresh Uptrend, Hits All-Time High Geregu Power Plc has set a fresh record, breached resistance to…

NPF Microfinance Bank to Pay Dividend to Shareholders NPF Microfinance Bank Plc has declared a final dividend of 12 kobo…

Fidson, Chinese Firms to Build Pharmaceutical Plant in Lagos Fidson Healthcare Plc has signed a Strategic Cooperation Memorandum with Jiangsu…

Nigerian Treasury Bill Selloffs Provoke 10bps Yield Surge It was seller market during the midweek in the secondary market as…

Investors, bondholders refused to give up Federal Government of Nigeria (FGN) bond buying in the secondary market after disinflation raised real return on naira assets.

Interbank rates crossed the 31% benchmark as the liquidity level in the financial system remains in negative territory.  Due to a weak funding profile in the financial system, money market rates have remained elevated.