The Debt Management Office (DMO) has listed two Federal Government of Nigeria (FGN) savings bonds for subscription at N1,000 per unit. According to a statement by...
The naira, Nigeria’s currency, on Wednesday, strengthened to N1,250 to a dollar, gaining 0.8 percent (N10) over N1,260 closed on Tuesday at the parallel market, popularly...
The federal government says it has plans to start issuing domestic foreign currency-denominated bonds from the second quarter (Q2) of 2024. Minister of Finance and Coordinating...
In a remarkable milestone for the Bitcoin mining industry, businesses in this sector generated a staggering $2 billion in monthly revenue from block rewards and transaction...
Moniepoint Microfinance Bank, renowned as Nigeria’s leading financial institution catering to small and medium-sized businesses, along with their customers and employees, has introduced its latest innovation:...
Following the Easter holiday break, the foreign exchange (FX) market reopened on Tuesday with a notable surge in the value of the Naira against the US...
The naira is poised to maintain its upward trajectory against the US dollar, propelled by the recent decision of the Central Bank of Nigeria (CBN) to...
By Sodiq Adelakun A race for funding has commen-ced among commercial and merchant banks as the Central Bank of Nigeria (CBN) mandates a capitalisation surge, leaving...
The African Export-Import Bank (Afreximbank) has partnered Sterling Bank to introduce an innovative supply chain finance product ‘Payables Finance,’ in Nigeria. This is contained in a...
A substantial number of Nigerians are struggling to meet repayment obligations for loans issued under the Central Bank of Nigeria (CBN) and NIRSAL Microfinance Bank’s targeted...