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Tinubu Inaugurates Implementation Committee on Oronsaye Report
adminMarch 8, 2024
Tinubu Inaugurates Implementation Committee on Oronsaye Report President Bola Tinubu has inaugurated an 11-member committee to implement the approved recommendations of the Oronsaye report on the restructuring and rationalisation of…Read More
Treasury Bill Yield Climbs to 18.3% after Rates Repricing
adminMarch 8, 2024
Treasury Bill Yield Climbs to 18.3% after Rates Repricing The average yield on Nigerian Treasury bills hit 18.3% in the secondary market, a day after the Central Bank (CBN) repriced…Read More
Interbank Rates Spike as Banks Scramble for Liquidity
adminMarch 8, 2024
Interbank Rates Spike as Banks Scramble for Liquidity Tight liquidity in the system has pushed interbank rates higher above 31%, according to information obtained from Broadstreet. Nigerian deposit money banks…Read More
Equities Investors See N420bn as MTNN, TRANSPOWER Rally
adminMarch 8, 2024
Equities Investors See N420bn as MTNN, TRANSPOWER Rally Buying interest in MTN Nigeria (Ticker: MTNN), Transcorp Power Plc (Ticker: TRANSPOWER) and Dangote Sugar Refinery (Ticker:DANGSUGAR) drove the Nigerian Exchange (NGX)…Read More
Exchange Rates Gap Falls to Single Digit after FX Inflow
adminMarch 8, 2024
Exchange Rates Gap Falls to Single Digit after FX Inflow The naira sustained uptrend for the second day at the official window has reduced the gap between autonomous and parallel…Read More
Reps to Probe N200bn Spent on 2023 Population Census
adminMarch 8, 2024
Reps to Probe N200bn Spent on 2023 Population Census The House of Representatives is set to probe the N200 billion spent on the suspended 2023 Population and Housing Census. This…Read More
Burkina Faso Obtains Access to $32m Loan from IMF
adminMarch 8, 2024
Burkina Faso Obtains Access to $32m Loan from IMF Burkina Faso government and the International Monetary Fund, IMF, have reached an agreement on economic policies to unlock $32 million from…Read More
Unity Bank Upgrades Prize Money for Corpreneurship Challenge to N16m
adminMarch 8, 2024
Unity Bank Upgrades Prize Money for Corpreneurship Challenge to N16m In a bid to boost start-up capital and place more resources at the disposal of aspiring young entrepreneurs in Nigeria,…Read More
Oil Prices Rise over US EIA Bullish Signal
adminMarch 8, 2024
Oil Prices Rise over US EIA Bullish Signal The global market prices of oil increased following a report that revealed a large drawdown in US crude investory The market faced…Read More
Tinubu Inaugurates Committee To Implement Oronsaye Report On MDAs
adminMarch 8, 2024
*SGF, AGF, Finance Minister, Others Named to Drive Report President Bola Tinubu-led Government has inaugurated the Committee to oversee the implementation of the Oronsaye reports and White Papers concerning the…Read More
Federal Government Launches New Affordable Satellite TV, SLTV
adminMarch 8, 2024
The Federal Government on Thursday in Abuja launched a new satellite pay television which it affirmed would yield Nigerians value for money. The Secretary to the Government of the Federation,…Read More
Remittances Hit $1.3bn, Portfolio Flows Over $2.3bn In 2024 — CBN
adminMarch 8, 2024
The Central Bank of Nigeria (CBN) has reported an increase in foreign exchange inflow into the economy in February 2024, with increments in remittance payments by Nigerians overseas and purchases…Read More