Benchmark Yield Shrinks as Bonds Market Rallies
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 Investment in Nigeria Tech Startups Falls by 66% – Report
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
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
The Federal Government has approved the commercial release and open cultivation of a new maize variety, Tela Maize.
Forum Decries Alleged N585m Scandal at Ministry of Humanitarian Affairs
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
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%
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
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
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
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.