Nigerian T-Bills Rate Spikes to 13.97%
Nigerian T-Bills Rate Spikes to 13.97% Spot rate on 364-day Nigerian treasury bills (NTB) spiked to 13.97% despite a significant surge in subscription level at the primary market auction sales…
Naira Depreciates for 3-Day over Rising FX Demand
Naira Depreciates for 3-Day over Rising FX Demand For three days straight, the Nigerian naira has been losing its buying power amidst the foreign currency crisis facing the country. Pressures…
Equities Investors Gain N2.3bn on FMCG Stocks
Equities Investors Gain N2.3bn on FMCG Stocks Equities investors trading highs and lows on the floor of the Nigerian Exchange (NGX) saw a moderate daily gain of N2.3 billion in…
NEXIM Bank to Support FAAN`s Aviacargo Export Growth
NEXIM Bank to Support FAAN`s Aviacargo Export Growth The Nigerian Export-Import (NEXIM) Bank, has pledged to assist Nigerian agro-exporters in facilitating the processes of export by providing the needed financial…
Marble Capital Offers N500m Halal Fixed Income Fund
Marble Capital Offers N500m Halal Fixed Income Fund Marble Capital Ltd., frontline Ethical and Islamic Fund Manager, is offering a N500 million Marble Halal Fixed Income Fund (MHFIF) an investment…
CardinalStone Sees Airtel Africa Rising to N5.9trn, Initiates Coverage
CardinalStone Sees Airtel Africa Rising to N5.9trn, Initiates Coverage Nigeria’s leading investment firm CardinalStone Securities Limited has initiated Airtel Africa (Ticker: AIRTELAFRI) coverage and its analysts are expecting the telecom…
Economists Express Concerns Over $3bn NNPCL Loan
Economists Express Concerns Over $3bn NNPCL Loan Financial economists are worried about the three billion dollars crude oil repayment loan secured by the Nigerian National Petroleum Corporation Ltd., to prevent…
N6.9bn Fraud: Emefiele Allegedly Opts for Plea Bargain
N6.9bn Fraud: Emefiele Allegedly Opts for Plea Bargain The expected Wednesday arraignment of the suspended Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, over an alleged procurement fraud…
Nigeria Bonds Prices Slump Over Selloffs
Nigeria Bonds Prices Slump Over Selloffs Amidst sustained negative interest yield on naira assets in the fixed income securities market, some local investors continued to offload FGN bonds portfolios in…
NESG, CBN Discuss Synergy, Economic Stability
NESG, CBN Discuss Synergy, Economic Stability The Nigerian Economic Summit Group (NESG), on Tuesday, held discussions with the Central Bank of Nigeria (CBN) on areas of collaboration towards achieving economic…