Nigeria raises N106bn from local bonds at high 16.25% amid gloomy outlook on revenue
Nigeria’s Debt Management Office (DMO) Wednesday raised about N106 billion through the Federal Government of Nigeria (FGN) Bonds. The 5, ...
Wednesday, May 13, 2026
Tag: Nigeria
Nigeria could benefit from new insurance cutting $29bn natural disaster bill for poor countries
Nigeria could be in line to benefit from new types of insurance that are seen capable of cutting the costs ...
Nigeria’s central government approves N2.7trn to settle 20-year old debts owed pensioners, contractors
Nigeria’s federal government Wednesday approved the sum of N2.7 trillion for the payment of 20-year old outstanding debts owed pensioners, ...
Nigeria gets 2018 budget alert in OPEC’s ominous global demand warning
Nigeria, Africa’s largest economy by gross domestic product, presently on a crude oil life support, owing to decades of dependency ...
World Bank says it could not monitor Abacha-loot expenditure as it was built into Nigeria’s national budget
The World Bank has clarified its role in the monitoring of the expenditure of the recovered loot by the late ...
Nigeria stocks close higher on sustained buy interest in heavyweights as benchmark index rise 0.5%
The Nigerian equities market Wednesday extended its rally to the fifth consecutive session with the bourse’s benchmark index rising 0.5 ...
Nigeria’s Zenith Bank offloads insurance business to British Prudential in a bancassurance deal
British insurer, Prudential, said it had bought a majority stake in Nigeria's Zenith Bank insurance business, Zenith Life, to give ...
Numbers show huge challenges facing OPEC members
The price of a barrel of Brent crude has more than halved over the past five years, triggering an existential ...
Tourism sector holds $76bn promise for Africa, despite terrorism- New report
With the promise of an estimated foreign visitor spending of $76 billion by 2027, Africa’s tourism sector has been described ...
Nigeria’s non-oil revenues already below budget, say analysts
Analysts at FBNQuest have raised the alarm that non-oil revenues for the prosecution of the 2017 budget are already running ...
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