Weekly Newsletter
Excepteur sint occaecat cupidatat non proident
Rand Merchant Bank
Rand Merchant Bank lists ₦2.3bn Commercial Papers on FMDQ Exchange
By Chioma Obinagwam With a Commercial Paper (CP) market value of ₦3.25 trillion as of November 30, 2022, FMDQ Securities Exchange Limited (“FMDQ...
Seplat issues Nigeria’s largest oil and gas bond
…oversubscribed by 120 global investors By Chioma Obinagwam Seplat Petroleum Development Company Plc.(“Seplat” or the “Company”), a leading Nigerian independent energy Company listed...
Nigeria devalues currency as it adopts flexible rate
Government to end using fixed rate for official transactions New policy set to lift Nigeria’s revenue from crude receipts Nigeria adopted a...
CBN deducts N499bn from 12 banks for Loan Ratio Default
The Central Bank of Nigeria (CBN) has deducted a total of N499,175,535,097 from the accounts of 12 banks under its supervision, over their...
Don't Miss
Nestlé Nigeria confirms infant formula products safe, not affected by global recall
By Chioma ObinagwamNestlé Nigeria has assured consumers that its infant formula products remain safe and are not part of a global recall recently...
NNPC’s $1.42bn, N5.57trn Debt Write-Off and Test of Nigeria’s Fiscal Governance
By Blaise UdunzeWhen the Federal Government approved the write-off of about $1.42 billion and N5.57 trillion in legacy debts owed by the Nigerian...