The Central Bank of Nigeria plans to raise N1.13tn via treasury bills for the second quarter of 2023.
This was according to the latest Nigerian Treasury Bill Issue Programme for the Second Quarter 2023 available on the bank’s website.
This is a significant increase from N926bn raised in the second quarter of 2022. The bills are divided into three tenors of 91-days, 182-days, and 364-days with a…
Honda Manufacturing (Nigeria) Limited says the company recently launched a new motorcycle, Honda CB Unicorn, into the Nigerian market to raise the bar of performance in the subsector.
The Managing Director of Honda Nigeria Limited, Hirohide Ichikawa, who made the disclosure…
Ekiti is committed to cooperation between stakeholders in the field of drinking water.
February 27, 2023
The Ekiti State Government has asked stakeholders to cooperate in providing adequate, effective, and hygienic water supply to homes and facilities.
The Special Adviser to the Governor on Infrastructure and Public
Utilities, Prof. Mobolaji Aluko, harped on the need for…
The Building Collapse Prevention Guild has called for the deployment of technology for the monitoring of construction sites.
The call was made at the guild’s Annual General Meeting in Lagos, themed “theme: “Investigating the Political, Socio-Cultural Dimensions of Building Collapse in Nigeria: The Sustainable Pathways for Eradication.’’
The Executive Director of the University of Lagos…
Real estate and construction sector increased GDP by N8.9 trillion - report
February 27, 2023
The contributions of the real estate and construction sector to Nigeria’s real Gross Domestic Product increased by N8.9trn in the fourth quarter of 2022, according to the latest GDP report released by the National Bureau of Statistics.
The sector’s GDP contribution rose…
The Lagos State government has listed a N137, 328,000,000 series IV bond on the Nigerian Stock Exchange.
This was revealed in a notice by the exchange in its weekly report of activities on the market.
NGX said that the bond is a 10-Year 13.00 per cent fixed rate unsecured…
The indirect tax burden on Nigerians rose by 18.88 per cent to N3.03tn in 2022 amid an economic downturn and rising inflation.
According to the National Bureau of Statistics, Nigerians paid N3.03tn as indirect tax in 2022, an 18.88 per cent increase from the N2.55tn that was paid in 2021. This is based on current basic prices.
Indirect taxes are taxes, which include value-added taxes, Customs or…
The Managing Director, Guinea Insurance Plc, Mr Ademola Abidogun, has said the company paid about N686m claims in three years.
He said the company was committed to the satisfaction of customers and the insuring public with prompt settlement of claims as well as improved…
Failure to control emissions by 2030 could lead to more than 2 degrees of global warming by 2030, a catastrophic tipping point for further climate change, according to an International Monetary Fund report.
Public Understanding of Politics” notes that concerns about…
The Chairman of Fidelity Bank Plc, Mr Mustafa Chike-Obi, has said that securities and margin lending can boost the volume of trade in the Nigerian capital market.
A statement said he spoke when he was invested as a fellow of the Chartered Institute of Stockbrokers.
Chike-Obi, who is the pioneer chief executive officer of Asset Management Corporation of Nigeria, also pledged to work with the…