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FGN Savings Bond Now Open for Subscription

The 2-Year FGN Savings Bond due June 12, 2026, and 3-Year FGN Savings Bond due June 12,2027 are now open. The bonds are offered...

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FGN Savings Bond Now Open for Subscription

The 2-Year FGN Savings Bond due June 12, 2026, and 3-Year FGN Savings Bond due June 12,2027 are now open. The bonds are offered...

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FGN Savings Bond Now Open for Subscription

The 2-Year FGN Savings Bond due June 12, 2026, and 3-Year FGN Savings Bond due June 12,2027 are now open. The bonds are offered...

NNPC E&P Ltd, NOSL Hit First Oil in OML 13, Akwa Ibom State

NNPC Exploration and Production Limited (NNPC E&P Ltd), NNPC Ltd’s flagship upstream subsidiary, and Natural Oilfield Services Ltd (NOSL), a subsidiary of Sterling Oil...

NNPC Woos South Korean Investors for Gas Projects

The Nigerian National Petroleum Company Limited (NNPCL) has held talks with a South Korean consortium led by Daewoo E & C on the development...
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CBN Urges Action Against Rise in Non-Performing Loans

As MPC retains Monetary Policy Rates The Central Bank of Nigeria (CBN) has expressed concern over the gradual rise in non-performing loans (NPL) in the...

In Lagos, Roadside Block-Moulding Thrives Amid Cement Policy Violation

Despite guidelines against sub-standard materials in block making, Lagos roadside operators violate Nigeria’s Cement Grade Policy meant to curb incessant building collapse, writes SAMUEL...

Naira crashes to record low at black market as demand pressure intensifies

At the black market, the Naira depreciated against the dollar to close at N478/$ Forex turnover dropped by 44.13%, as Nigeria’s exchange rate at the NAFEX window...

Nigerian Stock Exchange Holds 59th AGM

Moves to Fast-track Demutualization The members of The Nigerian Stock Exchange  have voted overwhelmingly at its 59th Annual General Meeting (AGM) Wednesday – a meeting...

American Election in Inconclusive Mode: How Not to Report an Election

The United States, the former British colony already rocked this year by ethnic conflict and mass protests over extrajudicial killings by police, may finally...

Ardova closes Shell Lubricants deal for Nigerian Market

Shell lubricants products will be widely available in the Nigerian market later this year, following a new deal with Ardova PLC (AP). Announcing the deal...

Fidelity Bank Posts Hefty N21.3bn Profits

Fidelity Bank Plc has posted a hefty N21.3 billion profits for the nine months ended September 30, 2020.The Bank's profit after Tax (PAT) stood...

Seplat Targets Q4 2021 for ANOH

Seplat Petroleum Development Company Plc, a leading Nigerian independent energy company listed on both the Nigerian Stock Exchange 9NSE) and the London Stock Exchange...

2021 Budget: Misplaced Priorities Stimulate Nigeria’s Drift Towards Bankruptcy

The budget estimate of N13.03 trillion may go the way of its ancestors – a channel of profligacy that shows no departure from the...

CSCS sensitizes financial market stakeholders on Cyber-Security

Central Securities Clearing System (CSCS) Plc, Nigeria’s capital market infrastructure, sustains cyber-security advocacy as it sensitizes financial market participants on rising rate of cybercrime. In...

NCDC issues new Public Health Advisory on COVID-19

THE Nigeria Centre for Disease Control, NCDC, says that the novel coronavirus, SARS-CoV-2, is a new strain of the virus that has not been...

Naira Gains at NAFEX Window as CBN Blocks Firms’ Accounts for Forex Abuse

The Naira appreciated marginally against the dollar at the I&E window on Friday.  Nigeria’s exchange rate at the NAFEX window appreciated to N386.13 during intraday trading on Friday, September...