Browsing: Nigeria

In the secondary market for Nigerian government borrowing instruments, money ….

The naira has lost weight twice this week as foreign currency demands continue to surpass market supply

The Nigerian Ports Authority (NPA) says it’s embarking on a $1.1 billion ports rehabilitation plan in the first quarter of 2024, to fortify Nigeria’s trade competitiveness.

Gov. Caleb Mutfwang of Plateau on Tuesday, presented a budget of N295.4 billion for 2024, to the state House of Assembly for approval.

Oil prices slumped to a 10-week low on Tuesday due to stronger US dollar worsening energy costs while a weak macro sentiment outweigh more positive data from China.

The Nigerian naira exchange rates diverged after the local currency was launched into recovery with FX backlog settlement by the apex bank. The exchange rate crossed to N809.02 from behind amidst demand and supply imbalance.

The Nigerian Exchange (NGX) jumped by N155 billion on Monday, racing toward N40 trillion in market capitalisation projected by some stockbrokers.

An Assistant Secretary for U.S. Economic and Business Affairs, Ramnin Toloui, has forecast a 100 billion dollar revenue from Nigeria’s creative industries by 2030.

The Debt Management Office (DMO), on Monday, released two New Federal Government of Nigeria (FGN) savings bond offers for subscription.

Pension Fund Administrators (PFAs) staked about 65.2% of Nigeria’s total pension assets in the Federal government’s borrowing instruments, a review of a report posted by the pension commission showed.