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There are expectations that the Central Bank of Nigeria (CBN) will conduct a mop-up of liquidity as Open Market Operation (OMO) maturities of N50.0 billion and coupon payments of N52.8 billion hit the system this week.
Seplat Petroleum Development Company Plc, a leading Nigerian independent energy company listed on both the Nigerian Stock Exchange (NSE) and the London Stock Exchange (LSE), has announced its audited results for 2020, recording a revenue of $530.5 million.
Dr Efem Ubi, Director of Research, Nigerian Institute of International Affairs, says the allegation by critics that Nigeria is gradually ceding her sovereignty to China on account of excessive borrowing is untrue.
Former Finance Minister Seth Terkper has revealed that Ghana risked returning to the International Monetary Fund (IMF) for support following the rising debt.
Leveraging on excess liquidity that persisted in the banking system and the near zero yields on treasury bills (TBs), the Federal Government, through the Debt Management Office (DMO), raised N2.1 trillion from investors in its monthly bond issuance programme in 2020.
Following the havoc bandits have wreaked on many communities in Niger State, the National Emergency Management Agency (NEMA) Thursday said that it has commenced direct distribution of relief materials to 24,925 household of displaced persons affected by banditry in the state.
Police fired teargas to disperse a crowd of more than 200 people protesting in Kenya's capital Nairobi on Thursday against the Israeli bombing of the Palestinian territory of Gaza.
The Phone and Allied Products Dealers Association of Nigeria (PAPDAN) has said that the Computer Village in Ikeja, Lagos, creates no fewer than 8000 job opportunities for Nigerian youths.
African countries are at potential risk of suffering an explosion of deaths from malaria, measles, and other infectious diseases as a result of the surging COVID-19 cases
The English top-flight sought and secured government approval in principle to roll over its existing rights agreement with Sky Sports, BT Sport, Amazon Prime Video and BBC Sport.
Former Bournemouth boss Eddie Howe is close to getting the top job at Celtic. The Scottish giants are on the lookout for a manager to replace Neil Lennon.
Nobody will be denied opportunity of registering or revalidating their membership of the All Progressives Congress in Kwara State, Governor AbdulRahman AbdulRazaq reiterated on Friday, saying his philosophy is that the ruling party will be better and stronger when everyone is accommodated.
West Brom have been relegated from the Premier League after a 3-1 defeat to Arsenal on Sunday.
Manchester United came from behind yet again in the Premier League to overcome Aston Villa 3-1 at Villa Park and make rivals Manchester City wait longer for the title to be confirmed.
The share of United States dollar reserves held by central banks across the world fell to 59 per cent—its lowest level in 25 years, during the fourth quarter of 2020.