1 day ago
In less than three months, covering January to last week, deposit money banks (DMBs) drew N24.13 trillion from the Central Bank of Nigeria (CBN) through the discount window to meet short-term obligations, a trend that points to some liquidity gap in the financial system.
1 day ago
A British company, Savannah Energy PLC, announced, yesterday, that it has acquired 100 per cent of the outstanding share capital of Sinopec International Petroleum Exploration and Production Company Nigeria Limited (SIPEC) and Jagal Ventures Limited.
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The Debt Management Office (DMO) said it raised N475.67 billion from the March 2024 Federal Government (FGN) bond offer, slightly more than the N450 billion it had planned to raise.
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The federal government has said it is poised to provide the facilitation and advocacy required to grow vessel traffic to the Eastern ports in the country.
1 day ago
Nearly four out of every five businesses in many of the emerging countries most vulnerable to the impacts of the climate emergency are already suffering the consequences of a rapidly changing environment.
