FX Earnings: CBN Releases Guidelines for R200 Policy
FX Earnings: CBN Releases Guidelines for R200 Policy The Central Bank of Nigeria (CBN), has released guidelines for the operationalisation of its R200 policy. The apex bank recently initiated the…
Sell Pressure Hits Nigerian Eurobond Amid Russia’s Invasion
Sell Pressure Hits Nigerian Eurobond Amid Russia’s Invasion The average yield on Federal Government of Nigeria (FGN) Eurobonds rise 18 basis points on Monday following Russia’s invasion in Ukraine that…
Canada Cancels $700m Export Permits to Russia
Canada Cancels $700m Export Permits to Russia Canada is cancelling all export permits to Russia in response to the country’s invasion of Ukraine, a decision that Canada’s foreign affairs minister…
EU Moves to Cripple Russia Financial System
EU Moves to Cripple Russia Financial System The community of European Union leaders are now cooking sour dinner for Russia after the invasion of Ukraine on Thursday. The latest development…
Treasury, Bonds, OMO Bills Lose Allure as Returns Crash
Treasury, Bonds, OMO Bills Lose Allure as Returns Crash The fixed interest securities investors have switched to hibernation mode as yields on debt capital market instruments nosedived steeply this week…
Germany, France Defend EU Sanctions Package on Russia
Germany, France Defend EU Sanctions Package on Russia The finance ministers of Germany and France pushed back on Friday against criticism that the EU’s latest salvo of sanctions on Russia…
Seplat Buys ExxonMobil’s Assets in Nigeria
Seplat Buys ExxonMobil’s Assets in Nigeria Seplat Energy Plc, a leading Nigerian energy company, says it had entered into an agreement to acquire the entire share capital of Mobil Producing…
Banks Shares, MTNN Drive Intraday Rally on NGX
Banks Shares, MTNN Drive Intraday Rally on NGX Banking, insurance stocks and MTN Nigeria are driving intraday rally on the Nigerian Exchange (NGX), according to a midday report shared by…
Airtel Ranks Fastest Network Provider in Nigeria
Airtel Ranks Fastest Network Provider in Nigeria Airtel Nigeria, a telecommunications company, says it has been rated the fastest network provider in Nigeria according to Crowdsourcing firm, SpeedChecker. Airtel Nigeria…
Buhari Signs Electoral Act Amendment Bill
Buhari Signs Electoral Act Amendment Bill President Muhammadu Buhari has today signed electoral bills into law at the Council Chamber of the Presidential Villa, Abuja, on Friday after initial rejection…