DMO auction sees Bond yield ascend to 16.7%
Agency Report The average yield on Federal Government of Nigeria (FGN) bonds increased slightly following soft but bearish trading activities...
Banking & Finance
Mauritania: AfDB grants $150m loan to boost mining sector
The Board of Directors of the African Development Bank Group has approved a $150 million senior loan to Mauritanian state-owned...
Equity market gains N259bn
Transactions on the floor of Nigerian Exchange on Wednesday closed northward, appreciating by N259 billion as bulls continue to dominate...
AfDB to provide $10m in Arm-Harith Investment Fund for sustainable infrastructure
Omeiza Bilal The Board of Directors of the African Development Bank Group has approved a $10 million concessional equity investment...
Global partners invest $45m to boost African vaccine production
Omeiza Bilal In significant efforts to strengthen public health and improve vaccine access in Africa, the U.S. International Development Finance...
CBN limits daily POS withdrawal to N100,000 per customer
Omeiza Bilal As part of new measures to advance the cashless policy in Nigeria, the Central Bank of Nigeria has...
AfDB make $30m equity investment in AFC to catalyse climate action
Benjamin Orisemeke The African Development Bank’s Board of Directors has approved a $30 million equity investment in Africa Finance Corporation...
Old N1000, N500, N200 notes remain valid, says CBN
Omeiza Bilal The Central Bank of Nigeria (CBN) has said that the old series of N1000, N500 and N200 notes...
Equity market sustains bullish trend, gains N152bn
The nation's equity market on Thursday sustained a positive trend appreciating by N152 billion bulls continue to dominate market activities....
