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Sunday, March 3, 2024
Benchmark Yield Shrinks as Bonds Market Rallies

Benchmark Yield Shrinks as Bonds Market Rallies

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The average yield on Federal Government of Nigeria (FGN) bonds shrank in the secondary market as asset, fund managers ramped up the borrowing instruments.
Foreign investments in Nigerian startups fell by 65.83% year on year to US$410 million in 2023 from US$1.2 billion recorded in 2022, the Big Deal, a tech research firm said in a report.

Foreign Investment in Nigeria Tech Startups Falls by 66% – Report

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Foreign investments in Nigerian startups fell by 65.83% year on year to US$410 million in 2023 from US$1.2 billion recorded in 2022, the Big Deal, a tech research firm said in a report.
Treasury Bills Yield Falls to 3% as CBN Hacks Rates

Treasury Bills Yield Falls to 3% as CBN Hacks Rates

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The Nigerian Treasury bills secondary market registered increased demand for the short, mid and long-dated instrument after the apex bank hacked spot rates at the last primary market auction conducted.
FG Approves Release of New Maize Variety, ‘Tela Maize’ for Cultivation

FG Approves Release of New Maize Variety, ‘Tela Maize’ for Cultivation

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The Federal Government has approved the commercial release and open cultivation of a new maize variety, Tela Maize.
The National Youth Leaders Forum of Political Parties in Nigeria (NYLFPPN) has decried the alleged N585 million scandal in the Federal Ministry of Humanitarian Affairs  and Disaster Management.

Forum Decries Alleged N585m Scandal at Ministry of Humanitarian Affairs

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The National Youth Leaders Forum of Political Parties in Nigeria (NYLFPPN) has decried the alleged N585 million scandal in the Federal Ministry of Humanitarian Affairs  and Disaster Management.
FG Set to Build World Fashion Hub in Makurdi

FG Set to Build World Fashion Hub in Makurdi

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President Bola Tinubu is set to establish a world-class fashion hub in Makurdi in the next 90 days.
Equities Investors Gain N1.93trn, Market Capitalisation up 4%

Equities: Investors Gain N1.93trn, Market Capitalisation up 4%

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The domestic bourse on Tuesday further recorded a positive performance, making investors  to gain N1.93 trillion.
Legal Practitioners Urge FG to Review 2024 Budget to Curb Wastage

Legal Practitioners Urge FG to Review 2024 Budget to Curb Wastage

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Chairman of Ibadan branch of Nigerian Bar Association, Mrs Folasade Aladeniyi, on Tuesday urged the Federal Government to review the 2024 budget.
Trade Minister Confirms Refineries’ Pledge of Sugar Price Stability

Trade Minister Confirms Refineries’ Pledge of Sugar Price Stability

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The Minister of Industry, Trade and Investment, Dr Doris Uzoka-Anite, says  major sugar refineries across the nation have assured her of  commitment to maintaining sugar price stability.
Traditional Ruler Foresees Prosperous 2024, Optimistic in Nigeria’s Economic Turnaround

Traditional Ruler Foresees Prosperous 2024, Optimistic in Nigeria’s Economic Turnaround

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Oba Olufolarin Ogunsanwo, the Alara of Ilara Kingdom, in Epe Division, Lagos State,  has projected Nigeria’s socio-economic transformation in 2024 under President Bola Tinubu.