Author Archives: Ruth Omoteso

Nigerian National Petroleum Company (NNPC) has assured the public of an adequate supply of petrol to combat the long queues persisting in filling stations across the country. The NNPC boss, Malam Mele Kyari, in a meeting with the National Union of Petroleum and Natural Gas Workers (NUPENG) and Petrol Tanker Drivers (PTD) in Abuja gave an optimist […]

It was a bearish session on the floor of the Nigerian equity market on Wednesday as the All Share Index dropped by 0.26% to close at 47,360.79 points against the previous close of 47,482.22 points on Tuesday. The market capitalisation closed at N25.525 trillion, shedding N66 billion from the previous close of N25.591 trillion recorded in the[…]

Nigerian Exchange Limited (NGX) has announced the listing of the Federal Government of Nigeria (FGN) $4,000,000,000 FGN Eurobonds on its platform today, Monday, 31 January 2022. The Eurobonds were issued in three tranches as follows: 6.125% FGN SEP 2028 worth $1,250,000,000.00; 7.375% FGN SEP 2033 worth $1,500,000.00; and 8.25% FGN SEP 2051 worth $1,250,000,000.00. NGX continues to[…]