As global economy contracts by 5.2% The year 2020, being the turn of another decade, was expected to bring many fortunes due to individuals’ personal...
The Debt Management Office (DMO) has announced the result of the third Sovereign Sukuk for which it offered N150 billion to investors. The Offer attracted a...
Nigeria’s oil sector regulator, Department of Petroleum Resources (DPR) has released strategic plan and policy for the survival and success of the industry post COVID-19. Engr....
The Department of Petroleum Resources (DPR) Thursday extended by one week, the deadline to register to bid for Nigeria’s marginal oilfields, with June 21 being the...
The Nigerian Senate, on Thursday, passed the Appropriation Act (Amendment) Bill, approving a budget of N10.805 trillion for the 2020 fiscal year, after consideration of a...
BusinessMetricsNG with wire report The proposed federal government’s intervention fund for airlines is generating fuss in the aviation sector, Daily Trust’s investigations have revealed. Stakeholders are...
Projects 6.5% GDP contraction this year BusinessMetricsNG with wire report The Federal Reserve decided on Wednesday to hold interest rates steady at near-zero, signaling its...
Investors at the Nigerian stock market went home on Wednesday with a collective loss of N62 billion as the All Share Index (ASI) nosedived by -0.47...
Financial services experts in Nigeria expect the volume of Nigerian Treasury Bills (NTBs) issuance to reduce in the short to medium term. This was unequivocally expressed...
Listed telecoms company, MTN Nigeria, has completed the issuance of its series I and II notes, under its N100 billion commercial paper debt programme. The company...
The Nigerian Senate has Wednesday confirmed Lamido Yuguda as the Director General of the Securities and Exchange Commission (SEC). The upper chamber of the National Assembly...
Domestic investors are responsible for the lion share of total transactions at the Nigerian Stock Exchange (NSE) following exodus of foreign investors from the market. According...
Nigerian-owned marine vessels for oil and gas sector operations have increased from three per cent to over 40 per cent, the federal government has revealed. The...
Huge cash transactions in the economy has continued to rise as currency in circulation rose to N2.35 trillion in May. This was despite coronavirus-induced lockdown and...
Investors realised N122 billion gain on stock assets on Monday as the open session of the week overturned earlier losses recorded in the market. This uptick...
BusinessMetricsNG with wire report weakens Crude-oil futures Crude-oil futures turned lower Monday as investors focused on the prospect of increased output from some countries. This is...
Contrary to information making round, the Federal Government has denied that it gave freedom to oil marketers in the country to fix the price of premium...
The equities wing of the Nigerian capital market is resuming activities today Monday June 8, 2020 on N118 billion loss recorded by investors to close last...
The Nigerian Stock Exchange (NSE) is set to host a special webinar on the impact of COVID-19 on the global capital market and the resilience of...
The African Development Bank (AfDB) on Friday, announced the approval of Nigeria’s Country Strategy Paper (CSP) 2020-2024 by its board of directors. The approval granted on...