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Oil Prices Skid Over Uncertainties, U.S Inventory Build Crude oil prices skid over uncertainties in the Russia-Ukraine imbroglio that is affecting supply while the U.S see stockpile rising. Pressures fail…
Nigeria’s Economy Expands 3.40% in 2021 Nigeria’s economy expands by 3.40% year on year in a real term in the fiscal year 2021, according to the National Bureau of Statistics…
NIN Verification Service Portal Restored, Says NIMC The National Identity Management Commission (NIMC) says the National Identification Number (NIN) Verification Service (NVS) portal has been fully restored following a crash…
DMO Faults IMF on Nigeria’s Debt Sustainability Report The Debt Management Office (DMO) has faulted the projection of the International Monetary Fund (IMF), a multilateral lender that Nigeria might spend…
Low FPIs to Ease Capital Flight Pressure in Fixed Income Market if U.S Hikes Rate An expected capital flight that will follow the United States interest rate hike would have…
Nigerians Decry Threat, Intimidation, Cyberbullying by Loan Sharks Some Nigerians have been complaining about improper activities of “loan sharks” who offer them unsolicited loan facilities only to start harassing them…
Bank of Industry Issues €700 Million Eurobond at 7.5% Bank of Industry (BOI), Nigeria’s largest Development Finance Institution (DFI), has issued a 5-year €700 million Eurobond, 40 per cent above…
Unease as PFAs Fund Banks Balance Sheet with Retirement Savings Analysts have expressed concern over the use of retirement savings account by Pension Fund Administrators (PFAs) in the country to…
Naira Trades at N416 as Parallel Market Rate Worsen Nigerian naira trades strong against the United States dollar in the Investors and Exporters or official foreign exchange window where it…
NASD OTC Expands N8bn as Friesland Campina, CSCS Gain NASD Over-the-Counter (OTC) expand by about N8 billion in the just concluded week due to price appreciation in Friesland Campina Wamco,…