Aderemi Ojekunle
T-bills appetite expands as secondary market goes bullish
Charles Abuede OPEN BUY BACK (OBB) and Overnight (OVN) money rates opened last week at 1.4 per cent and 2.3…
E-payment transactions down 21% to N263.78trn in Q2’20 on Covid-19 observance, says NBS
A total of 2.160 billion transactions valued at N263.78 trillion were recorded in the second quarter of 2020, data on…
US Soybean futures hit two-year high despite low USDA data
Onome Amuge Soybean futures jumped to the highest since June 2018 as the United States Department of Agriculture reported lower…
Nigerian Cocoa: Troubled on different fronts
Onome Amuge Farmers, stakeholders on production plunge Nigeria’s leading agricultural export and cash crop, cocoa, has suffered a major setback…
Nigeria bans access to foreign exchange for foods, fertilizer importers
Charles Abuede President Muhammadu Buhari has directed the Central Bank of Nigeria (CBN) to restrict foreign exchange from the nation’s reserves…
Nigeria’s Zenith Bank receives $200m from Afreximbank to maintain its foreign currency trade flows
Ben Eguzozie, with wire report As bank disburses $3.5bn to African lenders under PAMTIFA Zenith Bank Plc, Nigeria’s tier-1 lender with key…
Naira trades N455/$1 on street, N453 at BDCs, weakens N386.17 at I&E, as bids in above N383
Charles Abuede Fixed income market upbeat The naira traded at N455 to the dollar on the Nigerian street currency market…
Zenith Bank, GTB, MTN help Nigeria bourse put stopper on bearish run
Charles Abuede Investors record N50.1bn, first for week The banking sector and ICT indices were the top performers on Thursday…
Sell-offs in Zenith, Access see bears tightening in equities market as investors lose N37.8bn
Charles Abuede Investors in the local equities market in Nigeria lost over N37 billion as sell-offs in Zenith Bank and…
Nigeria now owes N31.01trn in total public debt, N2.38trn accretion in 3 months
Charles Abuede FG: N25.28trn; 36 States + FCT: N5.73trn Lagos, Rivers, Akwa Ibom, highest debts Yobe, Jigawa and Ebonyi, lowest…
The Daily Newsletter
