By Rosemary Iwuala As It Posts N34.7Bn Profit After Tax in 2021 Pulling out of the red zone of N140.7 billion losses in the previous...
By Rosemary Iwuala Zenith Bank Plc has announced its audited results for the year ending December 31, 2022, posting a double-digit growth of 24 per cent...
By Rosemary Iwuala FCMB Group Plc has successfully raised N20.686 billion from the debt market to finance its banking subsidiary First City Monument Bank Limited. It...
Amid the lingering forex (FX) scarcity in the country, commercial banks have announced that international school fees and upkeep requests through Form A will now be processed...
By Christy Animam With the final orderbook closing in excess of $3.5 billion and 95 investors participating, the African Development Bank (AfDB) set the size of...
In the just concluded week, values of federal government of Nigeria (FGN) bonds traded at the over-the-counter (OTC) segment appreciated for all maturities amid demand pressure....
Demand and supply pressures in the currency market persisted for another week but the value of the naira strengthened last week across the board. Naira regained...
Investors have dumped Nigeria bonds at the fastest pace amid moody’s downgrade of its long-term foreign-currency and local-currency issuer ratings, Bloomberg has said. According to the...
Latest industry statistics by the National Pension Commission (PenCOm) has revealed that pension funds Assets Under Management (AUM) in the country rose to about N15 trillion...
The Federal Government will issue bonds in the first quarter of 2023 to raise N1.2 trillion. This is contained in the calendar released by the Debt...
Pounds to naira exchange rate: See black market rate today 18 January 2023. Business Metrics has obtained the official pounds to naira exchange rate in Nigeria today...
The Debt Management Office (DMO) has raised N615.557 billion through Sukuk for the rehabilitation and construction of new roads across the country in four years. The...
By Christy Animam Stanbic IBTC Asset Management, a subsidiary of Stanbic IBTC Holdings, has announced the N19.997 billion series III offer under its Stanbic IBTC Infrastructure...
Barely 48 hours after the Central Bank of Nigeria (CBN) announced plan to redesign three naira denominations, the local currency has caught fevers from the new...
Africa Finance Corporation (AFC), the leading infrastructure solutions provider in Africa, has successfully closed a $389 million dual currency Samurai term loan facility, split into $382...
The Debt Management Office (DMO) has re-opened three Federal Government of Nigeria (FGN) Bonds valued at N225 billion for subscription, for the month of October. According...
Magnificent Multiservices Limited has registered N20bn series 1 Commercial Paper programme on the FMDQ Securities Exchange platform with N5bn accessed already for its proposed city and...
Aggregate foreign exchange inflow into the country fell by 17.3 per cent to $5.42 billion in May, according to figures obtained from the Central Bank of...
In order to attract more investors, especially at a period inflationary pressures in the country are making most investment tools unattractive, the Central Bank of Nigeria...
Nigeria’s foreign reserves sustained its ascent as it grew by $68.23 million week-on-week to settle at $39.02 billion. However, the rise in the reserves could not...