Federal Government Targets 77% Internal Revenue Growth The Minister of Finance, Mr Wale Edun, says the Federal Government is targeting a 77 per cent increase in Internally Generated Revenue (IGR).…
Economic Roadmap: Nigeria in Stabilisation Phase, Says Cardoso The Central Bank of Nigeria (CBN) says the stage in Nigeria’s economic transformation roadmap shows the country is currently in the stabilisation…
Market Return Hits 36% as All-Share Index Hits All-Time High The Nigerian Exchange (NGX) year-to-date return advanced near 36% as the All-Share Index on Wednesday rose by three per cent…
NIMASA, Dangote Refinery Set Up Committee to Address Concerns The Nigerian Maritime Administration and Safety Agency (NIMASA) and the Dangote Refinery have set up a special committee to address the…
Houthis Order US, British Nationals to Leave Yemen Yemen’s Houthi authorities have ordered the United States and British staff of the United Nations and Sanaa-based humanitarian organisations to leave the…
Nigeria Bonds Benchmark Yield Rises to 13.6% Benchmark yield on Federal Government of Nigeria (FGN) bonds increased by 3 basis points to 13.58 per cent as a result of fresh…
NGX Rises to N55.6trn, Gains N10.7trn in 10-Day The Nigerian Exchange (NGX) hit about N55.6 trillion on Wednesday, apparently its latest all-time high amidst the ongoing boom. The new break…
Naira Rebounds as Firm Predicts Foreign Investors’ Return The Nigerian local currency, the naira, regained value as foreign currency demand pressures eased at the country’s autonomous foreign exchange market. The…
Pre-Auction Selloffs Drive Yield on Nigerian T-Bills Up 42bps The average yield on Nigerian Treasury bills increased by 42 basis points due to pre-auction selloffs registered in the secondary market.…
Willie Obiano in Court for Arraignment Over Alleged N4bn Fraud The Economic and Financial Crimes Commission (EFCC) has brought the former governor of Anambra, Willie Obiano to the Federal High…