By Dipo Olowookere On Wednesday, May 27, 2020, treasury bills worth N268.7 billion would be auctioned at the primary market. During the exercise to be conducted...
By Adedapo Adesanya Nigeria imported 20.9 billion litres of Premium Motor Spirit (PMS), otherwise known as petrol in 2019, according to the National Bureau of Statistics...
By Adedapo Adesanya The World Bank has cautioned that the coronavirus (COVID-19) pandemic may push up to 60 million people into extreme poverty globally, wiping out...
In November 2018, Schlumberger pulled out of the Madu /Anyala field development project offshore Nigeria. It was 17 months after the oil service giant had inked...
By Dipo Olowookere Stop rates of treasury bills were increased by the Central Bank of Nigeria (CBN) at the primary market auction (PMA) held on Wednesday,...
Nigeria’s largest credit bureau, CreditRegistry, is offering lenders free usage of its premium credit reporting service to cushion the effects of the COVID-19 pandemic on businesses....
By Adedapo Adesanya Nigeria’s banking sector regulatory agency, the Central Bank of Nigeria (CBN), and deposit money banks in the country, have agreed to stop a...
By Adedapo Adesanya As the gradual reopening of Nigeria’s economic activities draws nearer, the Naira appreciated at the parallel or black market of the foreign exchange...
By Dipo Olowookere The Central Bank of Nigeria (CBN) sold the treasury bills to investors for as low as 1.85 percent at the primary market on...
By Adedapo Adesanya In order to expand testing and combat the spread of the coronavirus outbreak across communities, Lagos State has established testing centres across its...