DMO raises N8.8bn from savings bond
The Debt Management Office (DMO) said, it raised N1.367 billion from the federal government Savings Bond auction held this month…
Senate Orders NIMASA DG’s Arrest over $9.30bn Loss
The Senate through its Panel on Public Accounts has ordered the arrest of the Director-General of the Nigerian Maritime and…
Nigeria’s inflation overshoots World Bank projection by 20%
Despite raising its Monetary Policy Rate (interest rate), Nigeria’s inflation rate is now 20 per cent above the World Bank’s…
Global agency upgrades Afreximbank’s rating to ‘A’
The Global Credit Rating (GCR) has announced the upgrade of African Export-Import Bank (Afreximbank) international scale long-term issuer rating from…
World Bank lists Nigeria among top 10 countries with worst inflation rate
The World Bank recently listed Nigeria among the top 10 countries in the world with the worst inflation rates based…
Nigeria’s inflation rate hits 5-year high at 18.60%
The consumer price index (CPI), which measures the rate of change in prices of goods and services, surged to 18.60…
DMO defends FG’s ‘appetite’ for eurobonds
The Debt Management Office (DMO) has justified the federal government’s “appetite” for eurobonds. The agency, in a statement on Wednesday,…
Nigeria’s debt profile prone to oil price volatility, FX risks, says DMO
The Debt Management Office (DMO) says Nigeria’s debt profile is prone to the volatility of oil prices and forex exchange…
Inflation pushing Nigeria, others to the brink — IMF
The International Monetary Fund (IMF) has said inflation, debt, and forex crisis is pushing the Nigerian economy and other African…
South Africa Outlines Plans to Regulate Crypto in the Country
The South African Reserve Bank is set to bring cryptocurrencies into the regulatory oversight of the Financial Sector Conduct Authority…