FG to Repay N198bn Treasury Bills

The Federal Government will in the next one week redeem N198.03Bn worth of Treasury bills that will mature between Thursday and December 21, the Debt Management Office has said. The DMO confirmed [...]


Financial System Key to Economic Growth, Says Emefiele

The Governor, Central Bank of Nigeria, Mr. Godwin Emefiele, says stakeholders in the country’s financial system must continue to work together to ensure that Nigeria achieves 80 per cent [...]


Rates Parity Likely as N307 Exchanges For Dollar

The Central Bank of Nigeria (CBN) has weakened the Naira marginally, selling the Dollar at N307 for the first time on the official interbank market. To traders, this could signal a gradual move [...]


Nigeria’s Debt Service Ratio Falls to 45%

The Nation’s debt-service-to-revenue ratio has recorded a new decline from about 66 per cent to 45 per cent, courtesy of the improving revenue mobilization from both domestic and foreign sources. [...]


FG Reiterate Support for Creative Industry – Lai Mohammed

The Minister of Information and Culture, Alhaji Lai Mohammed, says that the Federal Government is ready to support individuals and stakeholders to collectively develop the creative sector. The [...]


Naira sells at N362.5 per dollar at Parallel Market

The Naira on Tuesday traded at N362.5 to the dollar at the parallel market, the News Agency of Nigeria (NAN) reports. Meanwhile, the Pound Sterling and the Euro closed at N476 and N426 [...]


Capital Market Infractions Drop By 88% in 18 Months

The number of reported cases of infractions in the Nigerian capital market has reduced by over 87.6 per cent from 291 in the first quarter of 2016 to 36 in the third quarter of 2017. This is [...]


Nigeria’s Debt Stock Sky Rocket to N20.37tn

In a statement made available to our correspondent in Abuja on Tuesday, the DMO said the total public debt stock comprising the Federal Government, the 36 states and the Federal Capital [...]



A total turnover of 1.316 billion shares worth N13.784 Billion in 19,169 deals were traded this week by investors on the floor of the Exchange in contrast to a total of 1.363 billion shares [...]


Queen Maxima, UN Financial Inclusion Advocate Assures CBN of Support

The United Nations (UN) has assured the Central Bank of Nigeria (CBN) of its support to reduce the number of financially excluded persons from 41.6 per cent to 20 per cent being targeted by the [...]

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