Finance Minister: FG Has Paid N4.83 Trillion of Ways and Means Advances
•List three areas of focus to grow economy
CHIGOZIE AMADI
The federal government used part of the Nigerian Treasury Bills (NTBs) and Bonds issued in 2024 to pay down
Ways and Means advances from the Central Bank...
Relocation: Lagos terminates multibillion-naira Kantagua market construction contract
The Lagos State Government has terminated the contractual relationship with Bridgeway Global Project Limited on the development of the Kantagua Market.
The Special Adviser to the Lagos State Governor on e-GIS and Urban Development, Dr...
‘Nigerians should utilise mortgage financing to tackle housing deficit’
The Manager of Aridan Homes and Properties, Mrs Gift Akande, has urged Nigerians to explore mortgage financing to have the house of their dream and bridge the housing deficit.
Akande stated that seeking a mortgage...
Equity market sheds N623bn amid portfolio rebalancing
Stock market investors lost N623bn last week as fund managers rebalanced their portfolios ahead of the first quarter results.
The Nigerian capital market shed 1.08 per cent to 103,437.67 points, while the market capital dipped...
VFD Group lists over 63 million additional shares on NGX
VFD Group has listed an additional 63,342,455 ordinary shares of 50 kobo each per share on the Daily Official List of the Nigerian Exchange Limited.
The NGX disclosed this in its weekly market report issued...
NGX Group, Others Acquire 75% Stake in Ethiopian Securities Exchange
NGX Group, Others Acquire 75% Stake in Ethiopian Securities Exchange
Chigozie Amadi
Nigerian Exchange Group Plc (NGX Group), and other investors have acquired a 75 per cent stake in the Ethiopian Securities Exchange (ESX).
NGX Group is among...
Farmers Predict Lower Food Prices, Availability on Strong Naira Performance
Chigozie Amadi
The All Farmers Association of Nigeria (AFAN) has predicted a bumper year for Nigeria in terms of food availability and prices.
The National president, AFAN, Kabir Ibrahim, during a chat with THISDAY, hinged his...
Excess liquidity: CBN Raised N7.7tn via NTBs, OMO in Q1 2024
Chigozie Amadi
Following its drive to tackle excess liquidity in the banking sector, the Central Bank of Nigeria (CBN), raised a whooping N7.7 trillion from Nigerian Treasury Bill (NTBs) and Open Market Operation (OMO) in...
Afreximbank, Woodhall Capital Host Workshop on Supply Chain Finance
Afreximbank, Woodhall Capital Host Workshop on Supply Chain Finance
Chigozie Amadi
Afreximbank and Woodhall Capital recently hosted a successful one-day workshop on Supply Chain Finance and Factoring in Nigeria.
The event, which convened Corporates, Financial Institutions and...
‘FX Crisis Major Threat to Economic Development’
‘FX Crisis Major Threat to Economic Development’
Chigozie Amadi
An entrepreneur and Chairman AmuGold Global Network, Mr. Temitope Amujo has described the non-availability of forex as one of the major obstacles to the industrial and economic development of the country.
He...
