Osun awards ₦1.6 billion retirement bond certificates to pensioners

Osun State Government has awarded retirement bond certificates worth ₦1.682 billion to pensioners, who retired from local government councils and primary schools in the...

Data representation of how states shared ₦173.8bn in Sept.

The 36 states shared ₦173.8 billion from the Federation Account in September from the distributable revenue generated for the month. The breakdown was obtained by...

BoI offers ₦3.5 billion for SMEs in Osun

Bank of Industry (BoI) has disbursed N3.5 billion to business men and women in Osun State to boost Small and Medium Enterprises (SMEs) in...

CBN injects $195 million into forex market

The Central Bank of Nigeria, CBN, Monday, continued its intervention in the inter-bank foreign Exchange market with the injection of $195 million. Figures released by...

Rice operators predict prices to rally around ₦6, 000/bag

Rice farmers, millers and processors on Wednesday announced that the price of a 50kg bag of the produce would fall to around ₦6,000 in...

Pension managers, institutions invest ₦105bn in Sukuk bond

The Islamic sukuk bond recently issued by the Federal Government was oversubscribed by more than ₦5 billion, the Debt Management Office said on Tuesday. The...

FG raised ₦6.3 billion from issuance of FGNSB in 7-months

Nigeria's Federal Government has raised ₦6.3 billion through the issuance of monthly Federal Government of Nigeria Savings Bond in the last seven months, the...

NSE revenue drops 31 percent in 2016

The Nigerian Stock Exchange (NSE) has disclosed that its activities for the year ended December 31, 2016 reflected a 31 percent drop in revenue...

Scarcity of funds deepens as DMO offers ₦135bn FGNSB

Scarcity of funds which pervaded the interbank money market towards end of last week will likely to deepens this week as the Debt Management...

One of CBN’s requirement is drying up supplies of local currency

One of the Nigeria's Central Bank requirement that companies back forward dollar purchases with naira is drying up supplies of the local currency. In a...

FIRS generates ₦2.5 trillion in 8 months

The Executive Chairman of the Federal Inland Revenue Service’s, Tunde Fowler yesterday said that a total of ₦2.5 trillion was  added to the Federal...

CBN urges Nigerians to invest in FG’s ₦100 billion sukuk

The Nigeria's Central Bank urged citizens to take advantage of the sovereign sukuk being offered by the Federal Government in order to support the...

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