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Nigeria’s Eurobond Yield Spikes to 12.06%
adminMarch 2, 2023
Nigeria’s Eurobond Yield Spikes to 12.06% Selloffs on Nigeria’s Eurobond in the international debt capital market hiked the average yield to 12.06% while proceeding or trading activities in the fixed…Read More
GCR Places Union Bank of Nigeria on Rating Watch Evolving
adminMarch 2, 2023
GCR Places Union Bank of Nigeria on Rating Watch Evolving GCR Ratings has placed Union Bank of Nigeria (UBN) Plc.’s national scale long-term and short-term issuer credit ratings and the…Read More
Yields on T-Bills, OMO Mixed as Naira Appreciates
adminMarch 2, 2023
Yields on T-Bills, OMO Mixed as Naira Appreciates The average yield on Nigerian Treasury bills remained flattish on Wednesday amidst thin trading sessions in the secondary market. However, investors in…Read More
NGX Slides as Investors Take Profit on Airtel Africa Shares
adminMarch 2, 2023
NGX Slides as Investors Take Profit on Airtel Africa Shares Equities investors on the floor of the Nigerian Exchange (NGX) went on a selling rampage in the local bourse after…Read More
Africa’s Economic Growth to Stabilise in 2023 – Report
adminMarch 2, 2023
Africa’s Economic Growth to Stabilise in 2023 – Report African economies remain resilient with a stable outlook in 2023-2024, despite the tightening global financial conditions, the African Development Bank (AfDB)…Read More
US 10-Year Treasury Yield Nears 4%, Dollar Index Falls
adminMarch 2, 2023
US 10-Year Treasury Yield Nears 4%, Dollar Index Falls Amidst an expectation-driven decline in the United States (US) dollar index, the yield on the 10-year Treasury note, seen as a…Read More
CSR: Dangote Cement Wins Big in Zambia, Senegal
adminMarch 2, 2023
CSR: Dangote Cement Wins Big in Zambia, Senegal Dangote Cement Plc has received special recognition and awards for its Corporate Social Responsibility (CSR) and Environmental Sustainability projects in Zambia and…Read More
Business Condition in Nigeria Weakens over Cash, Fuel Shortage –PMI
adminMarch 2, 2023
Business Condition in Nigeria Weakens over Cash, Fuel Shortage –PMI Cash shortages across the Nigerian economy had a severe impact on the private sector midway through the first quarter of…Read More
Seplat Energy Earnings Per Share Tumbled by 54%
adminMarch 2, 2023
Seplat Energy Earnings Per Share Tumbled by 54% Seplat Energy Plc will pay its shareholders $0.75 cent as earnings per share fell sharply by 54% in the financial year 2022,…Read More
French President Macron Heads to Africa 5-Day Trip
adminMarch 2, 2023
French President Macron Heads to Africa 5-Day Trip French President Emmanuel Macron is due to start a five-day trip to Africa on Wednesday, with stops in Gabon, Angola, Congo and…Read More
It Is Mandatory For Presiding Officers To Transmit Election Results Electronically
adminMarch 2, 2023
By Justice Alaba Omolaye-Ajileye, PhD. (Rtd) Today’s piece embodies my reflections on the controversial issue of electronic transmission of election results. What is the position of the law on the…Read More
FEC Okays $61.5m, N16.133b For Power Contract Award
adminMarch 2, 2023
*Ratifies AU Convention On Cross Border Cooperation The Federal Executive Council (FEC) has approved the sum of $61.5 million and another N16.133 billion for the Ministry of Power to procure…Read More