Nigerian US Dollar Bonds Yield Dips as FPIs Appetite Improves

Nigerian US Dollar Bonds Yield Dips as FPIs Appetite Improve The average yield on Nigerian sovereign Eurobonds or the US dollar bonds dipped slightly in the international debt market as…

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Naira Rises as Nigeria Receives Foreign Currency Loan

Naira Rises as Nigeria Receives Foreign Currency Loan The Nigerian naira rose against the US dollar slightly in the foreign exchange market as FX liquidity pressure reduced. Eligible FX demand…

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AfreximBank Disburses $925m Oil-Backed Loan to Nigeria

AfreximBank Disburses $925m Oil-Backed Loan to Nigeria The African Export-Import Bank, AfreximBank, has announced an additional disbursement of US$925 million as part of the syndicated US$3.3 billion crude oil-backed prepayment…

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NGX Loses N85bn as Investors Take Quick Profit

NGX Loses N85bn as Investors Take Quick Profit The Nigerian Exchange, NGX, lost about N85 billion on Thursday as equities investors continue to take quick profit from recently rallied stocks.…

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Shareholders in Nigeria Can Elect to Receive Dividend in Dollar –Airtel

Shareholders in Nigeria Can Elect to Receive Dividend in Dollar –Airtel Airtel Africa has announced that it will use a foreign exchange rate of N1,485.99 per US dollar to determine…

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Kano: Customs Generates N50.7bn in May, Tightens Security at Borders

Kano: Customs Generates N50.7bn in May, Tightens Security at Borders The Kano Area Command of the Nigeria Customs Service (NCS), said it generated a total of N50.7 billion in May…

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Airtel Africa Repurchases 17,386,055 shares in 3-Month

Airtel Africa Repurchases 17,386,055 shares in 3-Month Dual listed Airtel Africa said it has repurchased its 17386,055 shares from the London Stock Exchange (LSE) since March 1, when the telecom…

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Stanbic IBTC, FCMB Selloffs Drive Midday Loss on NGX

Stanbic IBTC, FCMB Selloffs Drive Midday Loss on NGX The equity market is burning with sell pressures on banking names, the tier-2 lender, due to weak sentiment during the intraday…

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Moniepoint Relaunches Banking Referral Programme

Moniepoint Relaunches Banking Referral Programme Moniepoint MFB, an African financial institution, says it has relaunched its personal banking referral programme to enrich its customers. Mr Babatunde Olofin, the Managing Director…

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Leaked Documents on Fiscal Policy Proposals not Official – FG

Leaked Documents on Fiscal Policy Proposals not Official – FG The Presidency said that two fiscal policy documents in circulation being given wide coverage by the mainstream media and social…

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