- Afreximbank Supports Veenocks’ $145m Project for Industrial Expansion
- Nigeria Savings Bond Offer Opens at 13.25% and 14.25%
- Nigerian Treasury Bills Rally as CBN Reprices Spot Rates
- Nigeria’s Private Sector Output Growth Hits 2022 High – PMI
- Oil Prices Fall on US Preference for Diplomatic Solution with Iran
- US Indexes Dip as Tech Earnings Disappoint, European Stocks Rally
- Money Market Rates Broadly Stable as Excess Liquidity Tops N7trn
- Dangote Cement Gains N5.2trn as Earnings, Otedola Drive 28% Rally
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).
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