Finance & Economy
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Pension Funds Move to Corporate Debt Securities Amid Rising Interest Rates
According to the data released by National Pension Commission, the Pension Funds Administrators have widened their investments in corporate bonds…
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Equity Market Supports Positive Reversal as Investors Go Long
The Equity market opens the week bullish as investors’ buy interest is renewed. The NGX All-Share Index advanced by 0.45%…
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Moody’s Places the Long-term Ratings of Nine Nigerian Banks on Review for Downgrade
Moody’s Investors Service (Moody’s) has placed on review for downgrade the long-term deposit ratings, as well as long-term issuer and…
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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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Dangote’s 650,000bpd Refinery 97% Completed, says NMDPRA
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has disclosed that the Dangote Petroleum Refinery, upon which the hope…
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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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