Nigeria

T-bills: FG to pay investors N847.43bn in Q1 2020

The federal government is scheduled to pay N847.43b to investors in the first quarter of 2020 as treasury bills mature.…

External reserves drop by $4.9bn in nine months

Between March and November this year, the country’s external reserves dropped by $4.99bn from $44.79bn to $39.8bn, the Central Bank…

Investors scared of Nigeria, says Utomi

By Samson Echenim

Moody’s changes Nigeria’s ratings from stable to negative

Moody’s Investors Service, one of the global credit rating agencies, Wednesday changed its outlook on Nigeria’s ratings to negative from…