Economy

Investors oversubscribed FGN’s $500 million bond by $400 million: Official 

The recently issued $500 million Federal Government (FGN) bond has recorded a subscription of $900 million, indicating an oversubscription to the tune of $400...

Account for N10 bn spent on firms registration, Reps tell BPE

Lawmakers of the House of Representatives have urged the Bureau for Public Enterprise (BPE) to account for about N10 billion allegedly used to register...

Investors lose N111 billion amid Japaul Gold’s eight billion shares listing 

The Nigerian equity market opened the week with N111 billion loss recorded for investors, amid supplementary listing of eight billion ordinary shares of Japaul...

Experts back FG’s 15 per cent logistic discount for small businesses 

In separate interviews on Monday in Lagos, the experts said the reduction was a welcome initiative for the sector. 

CBN approves $20,000 for eligible BDCs at N1,580 exchange rate

The Central Bank of Nigeria (CBN) says it has approved $20,000 each for eligible Bureaux De Change (BDCs) at the rate of N1,580 to...

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