Equity market enters green zone, gains N165bn
Tuesday saw the return of the equity market to the green after two days of negative activity. According to The PUNCH, after…
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FG raises N1.5tn through bonds
By Melvin Onwubuke The Federal Government through bond offering, was able to raise N1.5 trillion instead of the anticipated N2.5 trillion…
AFC signs $40m deal with Afreximbank, King’s College Hospital
In order to build the African Medical Centre of Excellence in Abuja, King’s College Hospital and the Africa Finance Corporation inked a…
Senate questions MPC nominees on inflation, forex crisis
The Senate questioned the nominees for the Central Bank of Nigeria’s Monetary Policy Committee on Wednesday, screening them and asking them about…
World Food Program cease food production till prizes stabilize in Nigeria
The World Food Program of the United Nations has said that it is reevaluating its local food procurement and will only purchase…
FG to restart cash transfers to poor Nigerians
The Federal Government is set to reinstate direct cash transfers to the poorest and most vulnerable Nigerians, aiming to address the challenges…
UK pounds with King Charles’ images to hit public June
Starting from June 5, banknotes adorned with the portrait of King Charles will make their debut in the wallets of Britons. Newly…
FG to recapitalize agric bank, boost food production
By Melvin Onwubuke The Vice President, Kashim Shettima has disclosed, the federal government motives to revive the Bank of Agriculture through Capitalization…
FG moves to restrict Binance, other crypto platforms
Nigerian government is contemplating the restriction of access to Binance and similar cryptocurrency platforms over the decline of the Naira. This consideration…
Shareholders of International Breweries approve rights issue
International Breweries’ proposed rights issue has been authorized by the company’s shareholders. A corporate notification that was submitted to the Nigerian Exchange…
FG seeks $10bn to stabilize exchange rate amid naira fall
The Nigerian Federal Government is planning to raise $10bn to improve liquidity in the foreign exchange market. On Tuesday, the naira fell…
Senate to probe Buhari regime, Emefiele over N30trn loan
By Melvin Onwubuke The senate has launched an inquiry to how N30 trillion ways and means loans was obtained and utilized…