Total outstanding domestic debt stands at N12.4bn,, says CBN
The Central Bank of Nigeria (CBN) on Wednesday said the country’s outstanding domestic debt stood at N12.44 billion as at December 2018. This was contained
Category : Finance
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FG approves $1bn loan from China Exim Bank to finance phase II Gurara power project
The Federal Executive Council (FEC) has approved the financing of the Gurara Hydro Power Project II by the Forum on China-Africa Cooperation (FOCAC) to the
NSE: Market indicators nosedive further by 0.48%
The Nigerian equities market on Wednesday dropped further by 0.48 per cent on a sustained bearish run for the third consecutive trading session. The All
Increase in food prices pushed inflation to 11.37 % in April -NBS
The National Bureau of Statistics (NBS), said the Consumer Price Index (CPI), which measures inflation increased by 11.37 per cent (year-on-year) in April 2019. The
BoI bags best Development Bank Award for support to MSMEs, creative industry
The Bank of Industry (BoI) has been conferred with the best Development Bank Award by the International Bankers Magazine in recognition of its financial support
IMF foresees Somalia’s economic growth at 3% in 2019
(Reuters/TBIAfrica.com) The International Monetary Fund (IMF) says Somalia’s economy has continued to recover, with growth expected to strengthen to three per cent in 2019 from
Bears persist on NSE, indices down by 0.22%
Nigerian equities market consolidated seven consecutive days downward movement on Tuesday with the crucial market indices dropping further by 0.22 per cent. TBI Africa .
NSE finally approves MTN Nigeria listing at N90 per share
The Nigerian Stock Exchange (NSE) on Tuesday finally approved the listing of MTN Nigeria shares on the nation’s bourse. TBI Africa.com said a senior management
N100bn worth of bonds up for subscription on May 22-DMO
The Debt Management Office (DMO) says N100 billion worth of Federal Government bonds will be up for subscription on May 22. The DMO said in
AfDB to receive $61.8m from ‘We-Fi’ for women empowerment programme in Africa
The African Development Bank (AfDB), says Governing Committee of the Women Entrepreneurs Finance Initiative (We-Fi) has approved 61.8 million dollars funding allocation for its Affirmative
