DMO Opens N1tn FGN Bond Offer for Investors
The Debt Management Office (DMO) has opened a N1 trillion offer of two FGN bonds, giving investors access to long-term government debt. The offer includes a new N400 billion 10-year…
Nigerian Stock Market Bounces Back as Investors Gain N74bn on Renewed Buying Interest
|By Babatunji Wusu The Nigerian stock market staged a modest recovery on Friday, with investors posting a cumulative gain of N74 billion following losses recorded in the previous trading session.…
Naira Rebounds at Official Market as External Reserves Climb to $45.82bn
|By Babatunji Wusu The naira on Thursday reversed its midweek loss, appreciating against the United States dollar at the official foreign exchange market, according to data from the Central Bank…
US Inflation Stalls at 2.7% as Nigeria Braces for December CPI Release
|By Babatunji Wusu Inflation in the United States held firm at 2.7 percent in December, unchanged from November, underscoring persistent price pressures as Nigeria prepares to publish its own consumer…
Dangote Refinery Seeks Loan to Strengthen Crude Supply and Boost Production
Babatunji Wusu – The Dangote Petroleum Refinery is actively seeking substantial funding to facilitate crude oil imports and boost its production capacity. Despite initiating a naira-for-crude agreement last month, which…
“Tafawa-Balewa: Tinubu Inherits Struggling Economy, Fighting for Recovery”
Babatunji Wusu – Dr. Abdul-Jhalil Tafawa-Balewa, a former presidential aspirant with the Peoples Democratic Party (PDP), has called on Nigerians to show patience with President Bola Tinubu, acknowledging the daunting…
