The Senate has approved the Federal Government’s request for conversion of N850bn new external borrowing in the 2020 budget to domestic borrowing. A statement released by the Debt Management [...]
Train services may reopen in some states next week to ease movement of people within their respective states as the Federal Government gradually relaxes the restriction order imposed about a [...]
The Republic of Germany said it had granted Nigeria debt relief amounting to N8.9bn (€22.4m) on account of the coronavirus pandemic. Also, the German government said it had successfully [...]
The outbreak of the coronavirus pandemic in Nigeria may result in a decline of N4.95tn in the nation’s nominal Gross Domestic Product in the present fiscal year, investigation has revealed. [...]
Total funds raised by the Private Sector Coalition Against COVID-19 rose to N27.16bn as of the end of April 23, 2020. The Director, Corporate Communications, Central Bank of Nigeria, Isaac [...]
Trading on the floor of Nigerian stock market on Tuesday maintained a bullish trend following gains recorded majorly by blue-chip stocks. The major market performance measures, the NSE All Share [...]
The Executive Board of the International Monetary Fund on Tuesday approved $3.4bn in emergency financial assistance to the Federal Government in addressing the severe economic impact of the [...]
The Central Bank of Nigeria has lifted suspension on cheque clearing by the Deposit Money Banks. It stated this in a circular to all the DMBs and Nigeria Inter-Bank Settlement System issued on [...]
A total turnover of 1.195 billion shares worth N13.979 billion in 20,591 deals were traded this week by investors on the floor of the Exchange, in contrast to a total of 1.495 billion shares [...]
A Nigerian entrepreneur, Chidi Nwaogu has won the Migration Entrepreneurship prize organized by the Swiss Federal Department of Foreign Affairs (FDFA) Human Security Division (HSD). This [...]
