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The average yield on fixed income instruments has seen a moderate increase and today, the Federal Government of Nigeria’s (FGN) bonds and Treasury bills yields spike while open market operation (OMO Bills) remained steady at 4.1%.

The Federation Accounts Allocation Committee (FAAC), has shared the sum of N725.571 billion with the three tiers of government, as federation allocation for the month of March.

The Senate has passed the Terrorism (Prevention) Act, 2013 bill prohibiting the payment of ransom to kidnappers in Nigeria.

MTN Nigeria, on Wednesday, said that it had paid N3.5 trillion as levies and taxes to the government since its inception. The Chief Executive Officer (CEO) of MTN, Mr Karl Toriola, who said this in his address at the ‘Brunch with Karl’ at Lagos Business School, also said that the organisation had committed over N3.4 trillion on capital investment.

The Nigerian Exchange (NGX) inches higher again midweek amidst the first quarter of the financial year 2022 earnings season with investors taking positions in value or growth stocks across the segments.

Zenith Bank Plc has emerged as the Best Bank in Nigeria in the Global Finance Magazine’s Best Banks Awards 2022, retaining the award for a third consecutive year. The Bank was among other banks from 36 countries in Africa recognised as the prestigious Global Finance announced its 29th Annual Best Bank Awards Winners.

Equity investors in the Nigerian Exchange (NGX) gain N14 billion on Tuesday as the market sustains its rally. Today’s positive outing marks the eleventh consecutive session’s rallies seen at the local bourse

Vice President Yemi Osinbajo, on Tuesday in Abuja, said that the Federal Government (FG) had committed N50 billion toward positioning export-oriented businesses in Nigeria

The US dollar improved versus its major trading partners early Tuesday, apart from another small decline against the yen, ahead of the release of several data reports, including home prices, new-home sales, and consumer confidence.

The days of having a 4-6 player telecoms market on the continent are coming to a swift end…