By Idris Bakare The Debt Management Office has said it raised N130 billion from its N100bn Ijarah Sukuk bonds, which were issued on November 21, 2022. In a statement on its website on Monday, the DMO said that it recorded…
By Idris Bakare The N100billion Federal Government Sukuk put on offer has recorded about 165 per cent oversubscription. This is contained in a statement by the Debt Management Office (DMO) on Tuesday in Abuja. The DMO said the sovereign sukuk closed…
The Debt Management Office (DMO), has restated the need for Nigeria to operate an efficient tax administration to tackle revenue challenges. Director-General of DMO, Patience Oniha, made the call at the 2022 annual conference with the theme: “Nigeria’s Public Debt…
…As CBN says no charges “for now” The Central Bank of Nigeria has revealed that the circulation of the e-naira has risen to N401.82 million as transaction volume rises from over N4 billion to N5 billion. This was disclosed by…
Heritage Bank received the 2022 United Nations Award for Humanitarian Service by the Widows & Orphans Support Society of Nigeria (WOSSA), as no fewer than 500 widows and orphans in Lagos State benefitted from the Bank’s supports. This was made…
Access Holdings Plc (which trades as Access Corporation) has completed its acquisition of an indirect equity stake in Sigma Pension. A corporate disclosure noted that following the acquisition, Access Holdings has merged its FGPL with Sigma Pension. The development followed…
Flutterwave, Africa’s leading payments technology company, partners with the Committee of e-Business Industry Heads (CeBIH) to host the Annual Conference of CeBIH for 2022, towards growing and securing the payments ecosystem in Nigeria. The conference which holds in Lagos on…
Stanbic IBTC Pension Managers Limited, a subsidiary of Stanbic IBTC Holdings PLC, launched a first-of-its-kind talent hunt tagged ‘FUZE.’ The leading Pension Fund Administrator (based on Assets under Management) is seeking to promote indigenous talents and help them explore their…
The naira on Friday exchanged at 445.33 to the dollar at the Investors and Exporters window, an appreciation of 0.11 per cent, compared with the 445.83 it exchanged on Thursday. The open indicative rate closed at N444.75 to the dollar…
The National Economic Council (NEC) has resolved to update the draft Finance Bill with additional inputs from State Governors before the bill goes to the Federal Executive Council (FEC). Senior Special Assistant to the President on Media and Publicity, Office…
