Browsing: Nigeria

Trading activities on the Nigerian Exchange (NGX) are trending negative due to profit-taking in banking names like FBNH, AccessCorp, Zenith Bank, and FCMB, according to Alpha Morgan Capital’s midday equity market report.

In the commodities market, there were records of development especially in the oil segment where prices have been

The Nigerian Treasury bills (NTB) yield declined by 9 basis points as investors ramped up bills in the secondary market to compensate for lost bids at the central bank primary market auction.

The average yield on Federal Government of Nigerian (FGN) bonds declined below 15% amidst an expectation of a further rise in headline inflation.

Short-term benchmark interest rates spiked above 20% market as local deposit money banks with sizeable funding obligations are seeking liquidity to shore up their positions.

In an effort to remain a reliable store of value, the Nigerian naira reclaimed some part of its largest

The Special Adviser to the Lagos State Governor on Agriculture, Dr Oluwarotimi Fashola, has identified inconsistent rainfall patterns as the major factor affecting rice production.

The Corporate Affairs Commission (CAC) and the Federal Inland Revenue Service (FIRS) are strengthening their existing collaboration to ensure economic growth.

The Controller General of Nigeria’s Correctional Service (NCS), Haliru Nababa, has denied alleged forceful removal of Mr Godwin Emefiele, former Governor of Central Bank of Nigeria, from its custody

The Federal Capital Territory Administration (FCTA) says it will disburse $4.5 million World Bank grant to 12,283 farmers and upgrade 17 Wet Market under its Fadama programme.