CBN Increases Treasury Bills Rate At Primary Market
The Central Bank of Nigeria on Wednesday increased the treasury bills rate across tenors at the Primary Market Auction.
Nigeria’s Gross External Reserves Grow By $64m In July
The Central Bank of Nigeria has said the country's external gross reserves increased by $64 million to $39.2bn in July 2022.
Naira Crashes To N672 Per Dollar At Parallel Market
The value of the naira against the dollar fell to N672 at the parallel market on Thursday.
Nigeria Now World’s Fourth Most Indebted Country
The International Development Association has ranked Nigeria as the fourth most indebted nation in the world in its latest Borrower's list.
Ponzi: NDIC Warns Nigerians Against Fraudulent Financial Firms
The Nigeria Deposit Insurance Cooperation (NDIC) has warned Nigerians against patronising illegal and unregistered financial institutions.
Doreen Ayodele: Handling Scope Creep in Agile Projects: Strategies for Maintaining Focus
Scope creep, the uncontrolled expansion of project scope, is a common challenge in Agile projects. While Agile methodologies are designed...
Eterna Plc Makes N4.1bn Gross Profit In H1 2022
Integrated energy provider firm, Eterna Plc, says it recorded a N4.1 billion gross profit in the first half of 2022 and an operating profit of N1.9bn in the same period.
Dangote Cement, NEM Insurance, Others Lift Stock Market Index By 1.47%
The Nigeria Stock Exchange Limited (NGX) closed higher by 1.47% on Wednesday as buying interest in Dangote Cement, NEM Insurance and 17 others suppressed the losses recorded in the market.
Buhari Reverses Approval Of Seplat’s Acquisition Of Exxon Mobil
President Muhammadu Buhari has reversed his earlier approval of Seplat Energy's acquisition of Exxon Mobil Nigeria subsidiary, Mobil Producing Nigeria Unlimited (MPNU).
Despite Buhari’s Nod, Seplat-Exxon Mobil $1.28bn Deal Meets Brick Wall
The go-ahead given by President Muhammadu Buhari for the acquisition of Exxon Mobil's Nigerian subsidiary, Mobil Producing Nigeria Unlimited (MPNU), by Seplat Energy has met a brick wall.
Naira Slides To N699/$ At P2P, N664/$ At Black Market
The value of the naira against the dollar fell further to N699 per dollar on the Peer-to-peer market segment and N664 at the black market.
Airtel Secures $125m Loan To Boost Operations
Airtel Africa has secured a $125 million loan from Citi bank to boost operations among its subsidiaries.
Unlisted Stock Slumps By 0.01%
The NASD Over-The-Counter Securities Exchange witnessed a 0.01% slump at the end of trading on Tuesday.
Stanbic IBTC To Host 2022 Africa-China Trade Expo
Stanbic IBTC Holdings says it will host the 2022 Africa-China Trade Expo in a bid to advance its efforts to promote trans-regional trade and development between Africa and China.
Local Stock Market Down By 2.6%
The Nigeria Exchange Limited weakened by 2.6% on Tuesday as investors continue to rebalance their portfolios in order to reduce their risk in equity investments.
MTN, Seplat, 16 Others Remit N330.9bn To Revenue Agencies In H1’22
Eighteen companies remitted N330.9 billion to revenue agencies in the first half of 2022, OduNews reports.
Bulls Back On NASD OTC As Investors Gain N3.84bn
After witnessing a bearish trend last week, the NASD Over-the-Counter Securities Exchange was in bullish territory on Monday as investors recorded a N3.84 billion gain.
WhatsApp Unveils New Privacy Features Where Users Can Now Prevent Screenshots, Leave Group Chats Silently Amongst Others
[ODUNEWS] August 9 – Meta founder and CEO Mark Zuckerberg has announced three new privacy features that will soon be rolled...
Oil Price Slides To $95/Barrel Amid Iran Nuclear Deal Talks
The price of Brent Crude fell by 1.3% to $95 per barrel amid ongoing talks to restore the nuclear deal in Iran.
Stanbic IBTC Pension Managers Unveils ‘Make Extraordinary Happen’ Campaign
Stanbic IBTC Pension Managers, a subsidiary of Stanbic IBTC Holdings, has unveiled a marketing campaign to create further awareness of the pension scheme.