FG opens subscription for September savings bonds, offers 16.54% yield
The Federal Government, through the Debt Management Office, is offering investors annual yields of up to 16.541% on its September…
Category: Business
GTBank gets N365.9bn boost from GTCO to meet CBN requirement
Guaranty Trust Holding Company Plc has injected N365.9bn into its banking subsidiary, Guaranty Trust Bank Limited, to meet the new…
NMDPRA: Petrol Consumption Hits ₦1.3tn in June
Amid rising energy costs, Nigerians spent about N1.3tn on buying Premium Motor Spirit (petrol) to power their vehicles and electricity…
Access Holdings Director Ogbonna Steps Down
Access Holdings Plc has announced the resignation of one of its Non-Executive Directors, Roosevelt Ogbonna, from its Board after three…
Nigerian Stock Market Loses ₦516bn After Prolonged Bull Run
The Nigerian stock market closed the week on a negative note on Friday with key performance indicators dropping by 0.56…
Naira Records Weekly Gain, Hits ₦1,534.72/$ at Close
The Naira closed the week on a positive note, gaining 4.52 kobo against the U.S. dollar at the official market…
Eko Atlantic Real Estate Soars, Plots Hit ₦2bn – Report
A plot of land in Eko Atlantic, which was valued at around N180m in the early 2000s, has now skyrocketed…
Otudeko Exits First Holdco with Massive N323bn Share Sale
A key shareholder in Nigeria’s oldest banking group, First Bank Holding Company Plc (First Holdco), Oba Otudeko, has exited the…
Nigeria Records $527m Decline in Exports to US Over Trade Frictions
The trade relationship between the United States and Nigeria has suffered a significant setback, as official data from the US…
GTCO Plans $100M Capital Raise, Eyes London Stock Exchange Listing
Guaranty Trust Holding Company Plc has announced plans to raise approximately $100m through a fully marketed equity offering and transition…