The Pension Transitional Arrangement Directorate has disclosed that it has paid more than N1tn in monthly pensions to Federal Government retirees under the Defined Benefit Scheme since it took over …
Finance
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FinanceGOVERNMENTLabourNigeriaPensionPublic Policy
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BankingDevelopmentEconomyFinanceInternational CooperationTrade
ITFC, TDB sign $100m trade facility, target $200m
The International Islamic Trade Finance Corporation (ITFC) and the Trade and Development Bank (TDB) Group have expanded their existing Murabaha trade finance facility by an additional $100m, with plans to …
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BusinessCorporate AffairsFinanceJudiciaryLegal AffairsOil & Gas
Appeal Court Session Stalls Over Dispute on Legal Representation in Nestoil
Proceedings at the Court of Appeal, Lagos Division, were stalled on Thursday following a heated dispute over who was properly authorised to represent Nestoil Limited and Neconde Energy Limited in …
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EconomyFinanceGhanaGovernment PolicyInvestmentsWest Africa Business
Ghana Bond Investors Sustain Appetite as GFIM Hits ₵979m Daily Turnover
by Radarr Adminby Radarr AdminGhana’s fixed income market continued to attract strong investor interest, recording a trading volume of 979.59 million cedis. Data from the Ghana Fixed Income Market (GFIM) showed that 508 transactions …
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BankingBusinessDebt Management,EconomyFinanceGOVERNMENT
AMCON Says It Has Repaid N3.6tn to CBN, Plans Workforce Cut as Debt Recovery Intensifies
The Asset Management Corporation of Nigeria has revealed that it has repaid about N3.6tn to the Central Bank of Nigeria since it was created in 2010 to stabilise the financial …
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The Nigerian Exchange Limited has taken another step to expand Nigeria’s capital market by introducing Commercial Paper listings, a move expected to deepen the country’s short-term debt segment and provide …
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BusinessCorporate AffairsEconomyEnergyFinanceINVESTMENTNigeria
Eterna Plc launches N21.52bn rights issue to boost expansion plans
Eterna Plc, one of Nigeria’s leading integrated energy companies, has taken a major step to strengthen its financial position with the launch of a rights issue valued at about N21.52 …
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BankingBusinessEconomyFinanceInflationMonetary Policy
CBN Keeps Interest Rate at 27% as Inflation Slows and Exchange Rate Stabilises
The Central Bank of Nigeria has once again held the Monetary Policy Rate at 27 per cent, marking the fourth time this year that the rate has remained unchanged. The …
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EconomyFinanceGOVERNMENTNational AssemblyNational BudgetNigeriaOil & GasPublic Policy
FG Projects N50.74tn Revenue for 2026 as Rising Deficit Sparks Fresh Economic Warnings
The Federal Government has projected a total revenue of N50.74 trillion for 2026 and an economic growth rate of 4.68 per cent, even as the proposed deficit for the year …
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BankingCapital MarketsCorporate ServicesDebt Management,FinanceINVESTMENT
Ecobank Nigeria Launches $300 Million Tender Offer for Senior Notes
Ecobank Nigeria Limited has announced the launch of a tender offer for its outstanding U.S.$300 million, 7.125 per cent Senior Note Participation Notes due 2026, in a move aimed at …