0

Naira Weakens Marginally Against Dollar

The Naira, Nigerian money, has weakened marginally against the Dollar at the parallel market. The currency exchanged at N358.3, weaker than N358 traded on Friday, while the Pound Sterling and the [...]

0

FG, Private Sector Support Digital Economy

Regulators and operators in the Information and Communications Technology sector have highlighted the importance of technology to the development of the economy. Speaking at the 2018 ICTEL Expo [...]

0

STOCK MARKET REPORT FOR 27TH OF JULY, 2018

A total turnover of 1.417 billion shares worth N16.739 Billion in 19,832 deals were traded this week by investors on the floor of the Exchange in contrast to a total of 1.665 billion shares [...]

0

$2.5Bn Currency Swap will Boost Reserves — Experts

As the Central Bank of Nigeria begins the implementation of the $2.5Bn currency swap agreement, financial experts have said that the deal would rapidly boost Nigeria’s foreign reserves position [...]

0

Foreign Investors Dominate Nigerian Equities with N800b Transactions

Foreign portfolio investors maintained lead as the dominant group in the Nigerian Equities Market in the past three months to emerge with the largest transactions of about N800 Billion in the [...]

0

Technology is Pivotal to Solving Nigeria’s Problems – Vice President Osinbajo

The Vice President, Prof. Yemi Osinbajo has declared that technology is a fundamental catalyst in solving the many problems bedeviling Nigeria, Africa’s most populous country of over 180 million. [...]

0

DMO Raises N66.9Bn Bond

As part of the capital raising for the 2018 Budget, the Debt Management Office, DMO, has raised N66.9 Billion at the FGN Bond Auction. At the auction, the DMO offered FGN Bonds in three tenors of [...]

0

Investors Record N93 Billion Loss as MPC Calls for Retention of Status Quo

The decision by the Central Bank of Nigeria’s (CBN) Monetary Policy Committee (MPC), to maintain status quo for the tenth consecutive session triggered renewed profit-taking at the Nigeria Stock [...]

0

World Bank Portfolio in Nigeria Rises to $8.52Bn

Nigeria’s liabilities to the World Bank Group now stands at $8.52Bn, investigation has shown. Statistics obtained from the Debt Management Office in Abuja on Wednesday showed that the group’s [...]

0

Unemployment, High Cost Of Living, Major Problems – NBS

The major problems in the country currently are unemployment and high cost of living, the National Bureau of Statistics has said. According to the Bureau, most Nigerians believe that if the [...]