Nairametrics - Business news, Economy, Investing, and Financial …
Jan 3, 2025 · Destination for Business news, financial literacy, economy, and analysis from Africa's largest economy and Nigeria news.
CBN secures N1.47 trillion in subs for 364-day Treasury Bills …
23 hours ago · The Central Bank of Nigeria (CBN), on behalf of the Debt Management Office (DMO), has revealed a 283.42% oversubscription worth N1.47 trillion for the 364-day Treasury Bills at the auction on January 8, 2025.. On January 6, the CBN announced plans to issue Treasury Bills with tenors of 91, 182, and 364 days, set for auction on January 8, 2025.
Naira shows mixed performance; depreciates to N1730 in parallel …
Oct 26, 2024 · What to expect With the naira recently breaching the N1,700/$1 mark, there is potential for a short-term recovery. Global oil prices have now stabilized between $79 and $81 per barrel, and the Central Bank of Nigeria’s (CBN) consistent interventions may help ease some inflationary pressures, fostering a more positive outlook for the naira.
Naira drops to N1,660.49 in I&E Window despite surge in market …
Oct 17, 2024 · Market Turnover: Market activity intensified, with total traded volumes in the I&E window climbing to $330.18 million, compared to $177.10 million the day before. For perspective, the total market turnover for September stood at $3.3 billion. Parallel Market Rates: In the parallel market, the naira opened at N1,634.56 per dollar, fluctuating between highs of N1,637.97 and lows of N1,633.59 ...
Businesses expect Naira to keep depreciating before appreciating …
Nov 13, 2024 · Nigerian businesses are preparing for continued naira depreciation over the next several months but hold cautious optimism for a potential rebound by May 2025, according to the latest Business Expectations Survey (BES) from the Central Bank of Nigeria (CBN).
Nairametrics Newsletters
Stock Select Finance Agrotech Markets Bonds Dividends Forum | Nairametrics Stocks
NAIRAMETRICS| COMPANY EARNINGS – Investor Relation …
A Federal High Court sitting in Lagos has issued a Mareva Injunction that temporarily restrains the co-founder of Seplat Energy Plc, Dr Ambrose Bryant Chukwuemeka Orjiako, popularly known as ABC Orjiako, and other firms linked to him, from accessing the …
Debt service increase from N8 trillion in 2024 to N16 trillion in …
2 days ago · Tileriwa Adebayo, CEO of The CFG Advisory, has expressed concerns over the fiscal regime of President Bola Tinubu’s administration, describing the increase in debt servicing from N8 trillion in 2024 to N16 trillion in 2025 as a ‘red flag’. Speaking during an appearance on Arise Change on Arise ...
Experts project positive Nigeria’s economic outlook for 2025
22 hours ago · Experts have projected that Nigeria’s economy will witness some growth in 2025. Speaking at the Nigeria Economic Outlook 2025 organized by FirstBank on Wednesday, Olusegun Alebiosu, CEO of FirstBank Group, highlighted that despite the difficulties experienced in 2024, there are indicators of potential growth in 2025.
Nairametrics
Nairametrics Apps. Treasury Bill Calculator. Tax Calculator