By Cowry Asset In the week under review, CBN sold Treasury Bills (T-Bills) worth N90.33 billion via Open Market Operations (OMO). However, NIBOR mostly moderated for...
By Dipo Olowookere The Central Bank of Nigeria (CBN) on Friday sold a total of N173.55 billion worth of treasury bills via the open market operations...
By Dipo Olowookere Africa’s richest man, Mr Aliko Dangote, has disclosed that one of his companies, Dangote Cement Plc, has grown its total production capacity across...
By Dipo Olowookere Minister of Industry, Trade and Investment Mr Okechukwu Enelamah, has disclosed that the collaboration between the US and Nigeria under the Bi-National Commission...
By Investors Hub European stocks have moved mostly higher on the day, with positive German business confidence data generating some buying interest. Investors are treading cautiously...
By Modupe Gbadeyanka The corporate family rating (CFR) of Dangote Cement Plc has been downgraded by Moody’s Investors Service to B1 from Ba3. A statement issued...
By Modupe Gbadeyanka Federal Government has promised to soon unveil some incentives to Nigerian firms in an effort to boost indigenous technology and encourage local entrepreneurs....
By Modupe Gbadeyanka Both local and international investors have been urged to assist the Federal Government in funding infrastructure in the aviation sector. President Muhammadu Buhari,...
By Dipo Olowookere Former Vice President, Mr Atiku Abubakar, has announced his resignation from the ruling All Progressives Congress (APC). In a letter titled ‘Statement of...
By Dipo Olowookere The treasury bills market was marginally bullish on Thursday as market liquidity was strengthened by Open Market Operations (OMO) maturity inflows of N200...