N234bn Paris Club refund improves market liquidity as interbank rates trend below policy rate at 5.25%
Nigeria’s money market rates, in particular, interbank overnight rates, fell week-on-week by over 900 basis points to 5.25 percent Wednesday, ...
Thursday, June 11, 2026
Tag: Nigeria
After $1.1trn from oil in 35 years, Nigeria has just $3.9bn left, barely enough to fund 16% of budget
Despite earning a whopping $1.09 trillion from oil exports in 35 years, Nigeria still lacks the capacity to fund its ...
Nigeria lenders dip into reserves, unclassified liabilities to fund activities in May
Nigeria lenders, pressed to finance their various activities in the month of May, turned to dipping into their reserves and ...
Renewed buy interest in banking stocks lifts Nigeria equities market as index rises 0.2%
Performance in Wednesday trading session at the Nigerian bourse was broadly buoyed by renewed buy sentiment towards banking stocks – ...
Nigeria government releases another tranche of N243.8 billion Paris Club refund to states
The Federal Government has released a state-by-state breakdown of another tranche of N243.8 billion Paris Club refund of over-deductions on ...
Strong gasoline boosts oil price as rising Libya, Nigeria output undermines OPEC supply cut
Oil prices traded higher on Wednesday, supported by a strong gasoline market, but rising output from OPEC producers revived concerns ...
Taleveras says international standards guide third party oil trading contracts
Taleveras, the Nigerian based international oil trading company, Tuesday night said its involvement in third party oil trading contracts are ...
Aggressive debt recovery seen to put back Nigeria’s Skye Bank on track
Skye Bank’s renewed commitment to debt recovery and profitability is paying off as the bank has reportedly raked in over ...
Zenith, UBA, Sterling lead in Nigeria commercial agriculture financing with 48% disbursement under CACS
As at May 22, 2017, the total amount released to participating banks since inception by the Central Bank of Nigeria ...
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