The Nigerian Exchange Group Plc on Monday published its Audited Financial Statement for the year ended 31 December, 2022. The Group reported a turnover of N7.5 billion for the 12 months period, up by 10.31% from N6.8 billion reported the previous year. Profit after tax declined year on year by 68.93% to N698.48 million form N2.25 million […]
The Debt Management Office has announced that the Federal Government of Nigeria has is offering for subscription the March, 2023 FGN Bond at the following interest rates:- 2-Year FGN Savings Bond due March 15th, 2025 @ 9.465% per annum3-Year FGN Savings Bond due March 15th, 2026 @ 10.465% per annum The rational of the Savings Bond issuance is to[…]
Some commercial banks across the country have started paying out the old N500 and N1,000 notes to customers. This is on the backdrop of the Supreme Court judgment, which extended the validity of the old naira notes to December 31, 2023. Guaranty Trust Bank, Polaris Bank and some other banks were on Monday confirmed to be dispensing[…]