Nigeria’s Eurobonds Yield Rises 7bps after U.S Inflation Jumps
Nigeria’s Eurobonds Yield Rises 7bps after U.S Inflation Jumps Average yield on Nigerian Eurobond rose by 7 basis points (bpd) as foreign portfolio investors trimmed down their interest in the…
Read moreMoney Market Rates Heated Up by Liquidity Deficit
Money Market Rates Heated Up by Liquidity Deficit The money market rates heated up further due to deficit balance in the financial system. The short-term benchmark rates continue to surge…
Read moreSupport for Dangote Refinery will Encourage Further Investments in Downstream-MAN
Support for Dangote Refinery will Encourage Further Investments in Downstream-MAN Manufacturers Association of Nigeria (MAN) has solicited the support of both Nigerians and the government for Dangote Refinery to enable…
Read moreNaira Rises Against US Dollar as FX Shortage Eased
Naira Rises Against US Dollar as FX Shortage Eased The naira exchange rate improved in the foreign exchange (FX) market midweek due to improved US dollar liquidity. According to spot…
Read moreNNPC Signs 10-Year Deal to Supply Gas to Dangote Refinery
NNPC Signs 10-Year Deal to Supply Gas to Dangote Refinery The NNPC Gas Marketing Limited (NGML), a subsidiary of the Nigerian National Petroleum Company Ltd. (NNPC Ltd.), has executed a…
Read moreDeutsche Bank Awards Ecobank Nigeria with Client Excellence Award
Deutsche Bank Awards Ecobank Nigeria with Client Excellence Award Ecobank Nigeria, an affiliate of Ecobank Group, has been honored with the Client Excellence Award for outstanding performance in institutional cash…
Read moreNigerian Exchange Rises by N132bn as UBA, Zenith, Access Rally
Nigerian Exchange Rises by N132bn as UBA, Zenith, Access Rally With about N132 billion gain, the Nigerian Exchange (NGX) market capitalisation has increase above N59 trillion market. The equities market…
Read moreU.S Inflation Rate Increases to 2.6% in October
U.S Inflation Rate Increases to 2.6% in October The U.S. consumer price index (CPI) which measures inflation rate, increased to 2.6% in October, according to data released today. The consumer…
Read moreMakinde Presents N678bn Budget for 2025 to Oyo Assembly
Makinde Presents N678bn Budget for 2025 to Oyo Assembly Gov. Seyi Makinde of Oyo State presented a budget of N678.06 billion for the 2025 fiscal year to the state House…
Read moreNigeria Needs $10bn PPP Investment in Power Sector – Adelabu
Nigeria Needs $10bn PPP Investment in Power Sector – Adelabu The Federal Government says it needs 10 billion dollars of public-private partnership investment in the power sector in the next…
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