Economy - Page 1398

FG Sets May 15 Deadline for Consumer Credit Scheme Registration

April 25, 2024

By Adedapo Adesanya The federal government has said Nigerians interested in accessing the recently launched Consumer Credit Scheme have until May 15 to apply

Economy

Analysts Forecast Fall in FGN Bond Yields This Week

September 3, 2018

Modupe Gbadeyanka

By Modupe Gbadeyanka “This week, we expect FGN bond prices to increase, with corresponding fall in yields, at the OTC market amid expected ease

Economy

N295b T-Bills Mature This Week as CBN Woos Investors With Higher Rates

September 3, 2018

Modupe Gbadeyanka

By Modupe Gbadeyanka Treasury bills worth N294.5 billion will mature this week via the secondary market, which are expected to bring relative ease in

Economy

Foreign Reserves Shed $216m in One Week to Close at $45.8b

September 3, 2018

Modupe Gbadeyanka

By Modupe Gbadeyanka Last week, the free-fall in the Nigerian external reserves continued, depreciating by $216.2 million to close at $45.88 billion as at

Economy

Manufacturing Index Expands for 17th Month to 57.1%—CBN

September 2, 2018

Modupe Gbadeyanka

By Modupe Gbadeyanka For the 17th consecutive month, the Manufacturing Purchasing Managers’ Index (PMI) grew in the month of August 2018 to 57.1 index

Economy

Pension Fund Hits N8.2tr in Q2 2018 With 8.1m Workers

September 1, 2018

Dipo Olowookere

By Dipo Olowookere Latest figures released by the National Bureau of Statistics (NBS) have revealed that in the second quarter of 2018, the Pension

Economy

T-Bills Yields Drop 0.20% as Cost of Funds Sheds 0.09%

September 1, 2018

Dipo Olowookere

By Dipo Olowookere The treasury bills market closed bullish on Friday with the rates recording a marginal decline of 0.20 percent. It was observed

Economy

FAAC Plans New Revenue Template for NNPC, Shares N715b

September 1, 2018

Dipo Olowookere

By Dipo Olowookere A new revenue reporting template is being prepared by the Federation Accounts Allocation Committee (FAAC) for the Nigerian National Petroleum Corporation

Economy

Nigeria’s Stock Index Falls to 2-Week Low After 0.68% Loss

September 1, 2018

Dipo Olowookere

By Dipo Olowookere The Nigerian Stock Exchange (NSE) closed Friday’s trading bearish despite the rise in the volume and value transactions recorded. Losses recorded

Economy

Western Union Targets Operations in Over 200 Countries

August 31, 2018

Dipo Olowookere

By Dipo Olowookere Leader in cross-border and cross-currency money movement, Western Union, is rapidly deploying digital services across major regional economic hubs of Asia,