Finance & Economy

Subscription at the NTB Primary Auction Market Take a Knock

At the NTB primary auction on Wednesday, the DMO sold N34.83 billion worth of notes lower than the N190.88 billion…

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Nigeria Proposes Debt Restructuring as Debt Service Commitments Mount

The Minister of Finance, Zainab Ahmed, stated that Nigeria is considering debt restructuring and extending its credit obligation repayment period…

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Investors Lose N858.30bn as NGXASI Dips by 3.23%; Overnight Rate Closes Flat at 16.75%; BDC Rate Depreciates to N735

1. EQUITIES MARKET  1.1 NGX – Listed Equities Nigerian Equities Market maintained negative posture as the key market indicator dipped further by 1575.81bps…

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Investing Successfully in Nigeria’s Capital markets

Investors are paid – or make money – in proportion to the level of risk they take. As such, successful…

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Fitch Upgrades FBN Holdings Plc to ‘B’; Outlook Stable

Fitch Ratings has upgraded FBN Holdings Plc’s (FBNH) and First Bank of Nigeria Ltd’s (FBN) Long-Term Issuer Default Ratings (IDRs)…

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President Buhari to Present Budget 2023 on Friday October 7th 2022

In what will be his final budget presentation to the National Assembly, President Muhammadu Buhari has picked Friday, October 7th,…

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Bond Market Braces Up for MPC’s Likely Rate Rise

Waiting for the Central Bank of Nigeria’s (CBN’s) Monetary Policy Committee’s decision on the indicative monetary policy rate, the bond…

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Equity Market Turned Bullish Despite Anticipation of an MPC Policy Rate Hike 

Nigeria’s Equity market started the week bullish. The NGX All-share index increased by 0.33% to close at 49,189.32 basis points…

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