Senate Passes NDIC Bill to Safeguard Bank Depositors’ Fund The Senate at plenary passed  a bill to strengthen the capacity…

Moody’s Ratings has revealed that deposit money banks hold unknown quantities of legacy exposures after the Central Bank of Nigeria’s (CBN) forbearance that was granted during COVID-19.

Nestle Nigeria Net Loss Increases by 328% to N184bn Nestle Nigeria’s net loss widened by 328% year on year to…

FG Overhauling National Grid to Improve Power Supply –Official The Federal Government (FG) says it is overhauling the national grid…

President Bola Tinubu, on Tuesday, commended the Implementation Committee on the Naira-based sales of crude oil and refined products and asked the members to resolve any teething problems.

The Impact Investors Foundation (IIF), in collaboration with Kuramo Capital Management, on Tuesday in Lagos, introduced the Wholesale Impact Investment Fund (WIIF) to Pension Fund Administrators (PFAs) alongside other pension stakeholders and regulator.

NNPCL Increases Pump Price of Petrol in Lagos, Abuja The Nigerian National Petroleum Company Limited (NNPC) has once again adjusted…

Seplat Energy Profit Shrinks by 56%, Dividend Increases Seplat Energy Plc has reported about 56% year-on-year decline in net profit…

In the secondary market, fixed interest securities investors continue to heat up trading activities on Nigerian Treasury bills

Money market rates declined further as robust liquidity balance in the financial system continued to keep the short term benchmark interest rates movements in check. The market witnessed additional inflows from matured OMO bills, while there was also an outflow related to FX auction.