Nigeria’s Treasury bills auction recorded strong investor participation, with total subscriptions reaching N4.28 trillion, far exceeding the N1.15 trillion offered by the monetary authorities. Auction data...
The Nigerian naira weakened to N1,340/$ at the official market on Wednesday, up from N1,337/$ recorded on Tuesday, according to data from the Central Bank of...
The Federal Government will carry out a regulatory review of MTN Group’s proposed $6.2 billion acquisition of IHS Holding Limited, highlighting the critical role of telecom...
President Bola Tinubu has issued an Executive Order halting the collection of management and frontier exploration fees by the Nigerian National Petroleum Company Limited (NNPCL), while...
Despite attracting over $2 billion in private sector investments in the past two years, the Federal Government has fallen short of its 2025 nationwide Compressed Natural...
Dr. Yemi Kale, Group Chief Economist and Managing Director of Research and Trade Intelligence at Afreximbank, has stressed that bank recapitalisation is essential to bridging Africa’s...
President of the Dangote Group, Aliko Dangote, has said the naira could strengthen toward N1,100 to the dollar if ongoing economic and industrial reforms continue to...
Oando Plc has applied to the Nigerian Exchange Limited to list a rights issue aimed at raising about N220.79 billion from shareholders, as the company seeks...
President Bola Tinubu has called for reforms to the global financial architecture, arguing that African countries face excessive borrowing costs due to persistent misjudgements by international...
The Federal Government has indicated that the planned $6.2 billion acquisition of IHS Holding Limited by MTN Group will be subjected to a detailed regulatory review...