The Central Bank of Nigeria (CBN) adjusted spot rates on Treasury bills by 100 basis points at the just concluded primary market auction, according to the results.

Trading activities on Nigerian Treasury bills ended in a quiet mood amidst declining liquidity in the financial system. Fund managers and other market participants shifted focus to the primary auction.

The Bauchi state Commissioner for Information and Communication, Mr Usman Garba, says that the state government has concluded plans to commence the construction and rehabilitation of 200 kilometres of roads at a cost of N100 billion.

As risk-off sentiment doused, foreign investors increased their position in Nigerian sovereign US dollar bonds. The trading pattern observed in the international market showed that US Treasury yields have been swinging following the Federal Reserve’s decision to maintain the status quo on rates. The market has been reacting to Jerome Powell’s hawkish tone.

The Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) and Sterling Bank have set aside N5 billion loan for small businesses.

The November ministerial meeting of the Organisation of Petroleum Exporting Countries (OPEC) …

GCR Ratings (GCR) has affirmed AIICO Insurance Plc’s international and national scale financial strength rating of B- and AA

The naira struggled to keep value across the foreign exchange market on Wednesday as the Nigerian…

The Board of Jaiz Bank Plc has approved the appointment of Mr Haruna Musa, as the Managing Director

The Nigerian Exchange (NGX) was down by more than N34 billion on Wednesday due to selling rallies