Browsing: Nigeria

The yield on Nigerian sovereign Eurobond shifted higher amid negative investor sentiment across African issuers, primarily driven by inflation outlook and fiscal pressures.

S&P Global has upgraded its long-term ratings on Nigeria to ‘B’ from ‘B-‘, citing higher oil production and prices, the large increase in domestic refining capacity, and the 2023 decision to liberalise the exchange rate.

Economic Hardship in Nigeria Painful but Necessary – Alake The Minister of Solid Minerals Development, Dele Alake, says the current…

Equity investors on the Nigerian Exchange (NGX) traded 1.683 billion shares across sectoral names, worth N109.438 billion, in 76,557 transactions on Wednesday.

Tinubu Pitching Nigeria’s Business Case to Africa – Presidency President Bola Tinubu remains committed to fast-tracking Nigeria’s development through reforms…

Nigeria Moves to Launch New National Shipping Carrier With Global Partners The Minister of Marine and Blue Economy, Dr Adegboyega…

Nigeria will rake in N6.8 trillion in fiscal windfall from the global energy crisis, which has increased oil prices across grades, BMI, a Fitch Solutions Company, said in a monthly update obtained by MarketForces Africa.

AfCFTA: Nigeria Targets Value-Added Exports, Deeper Intra-African Trade The Minister of Industry, Trade and Investment, Dr Jumoke Oduwole, has reaffirmed…

Fixed-interest security investors stayed quiet in the secondary market for Nigerian government bonds ahead of the April auction scheduled for next week.

Nigeria’s Public Debt Stock Rises to N159.28trn Nigeria’s total public debt stock stood at N159.28 trillion (110.97 billion dollars) in…