Investors who bought 364-day tenored Treasury bills at the Central Bank of Nigeria’s (CBN) primary market auction received a 50 basis point increase in the spot rate.

Liquidity: Interbank Rates Rise Sharply on FX, Bond Auction Debits Reversing its downward trend, interbank rates rose sharply over liquidity…

The Securities and Exchange Commission (SEC) says not less than N1.682 trillion has been raised by banks through e-offering in the recapitalisation exercise. Dr Emomotimi Agama, the Director- General of SEC, said this in a statement on Wednesday in Lagos.

The Nigerian National Petroleum Company Ltd. (NNPC) has officially unveiled its latest crude oil grade, the Utapate crude oil blend to the international crude oil market.

The naira, Nigeria’s local currency, fell further against the dominant US dollar across foreign exchange markets in the absence of sufficient forex market intervention.

Bolstered by improved sentiment, the equities market capitalisation of the Nigerian Exchange (NGX) recorded about N167 billion in gain as investors took positions on banking, cement names, and others.

Sokoto Approves N950m to Complete Independent Power Project The Sokoto State Government has approved N950 million for the completion of…

Nigeria Customs Collects N2 Trillion Revenue in Apapa The Apapa Port Command of Nigeria Customs Service (NCS) says it collected…

Import Licence: NNPC Asks Court to Strike Out Dangote Refinery’s Suit The Nigeria National Petroleum Corporation Limited (NNPCL) has asked…

FAAC: FG, States, LGs Share N1.411 Trillion for October The Federation Accounts Allocation Committee (FAAC), has shared N1.411 trillion among…