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FG to Raise N350 Billion in February 2025 Bond Auction

Nigeria, Feb. 24 -- The Debt Management Office (DMO) of the Federal Government of Nigeria (FGN) has announced an auction subscription offer to raise N350 billion by issuing Federal Government Bonds. ... Read More


Olam Sells 44.6% Agribusiness Stake to Saudi Fund for $2.35B

Nigeria, Feb. 24 -- In a strategic move to reshape its business portfolio, Olam Group has announced the sale of a 44.58% stake in its agribusiness unit, Olam Agri, to the Saudi Agricultural and Livest... Read More


CBN Governor Pushes for Stronger Nigeria-Saudi Economic Ties

Nigeria, Feb. 24 -- The Central Bank of Nigeria (CBN) said in a statement issued on Sunday that it is committed to strengthening economic cooperation between the Kingdom of Saudi Arabia and Nigeria. ... Read More


Meta Boosts Executive Bonuses to 200% After Laying Off Workers

Nigeria, Feb. 23 -- Just days after cutting 5% of its workforce, Meta has approved a 200% increase in executive bonuses, raising eyebrows across the industry. According to a filing with the U.S. Secu... Read More


Nigeria Urges Global Economic Reforms at G20 Meeting

Nigeria, Feb. 21 -- During the current G20 Foreign Ministers' Meeting in Johannesburg, South Africa, Yusuf Tuggar, the minister of foreign affairs, urged immediate global economic reforms. According ... Read More


CBN Aims For Medium To Long-Term Single-Digit Inflation - Cardoso

Nigeria, Feb. 21 -- On Thursday, the Central Bank of Nigeria's (CBN) governor, Olayemi Cardoso, stated that the central bank's goal is to reduce inflation to a single digit over the medium to long ter... Read More


TNC Daily Open: Alibaba Soars, Amazon Tops Walmart in Revenue

Nigeria, Feb. 21 -- This report is from today's TNC's Daily Open, our international markets update. TNC Daily Open keeps investors informed on everything they need to know, no matter where they are. ... Read More


All-Share Gains 938 Points as BUAFOODS Rallies; ACCESSCORP Tops Volume

Nigeria, Feb. 20 -- The trading session ended on February 19, 2025, with the Nigerian All-Share Index closing at 108,609.51, up 938.53 points. As it returns to the 108,000 barrier, this move represen... Read More


TNC Daily Open: Fed May Hold Rates Amid Concerns Over Trump Tariffs

Nigeria, Feb. 20 -- This report is from today's TNC's Daily Open, our international markets update. TNC Daily Open keeps investors informed on everything they need to know, no matter where they are. ... Read More


Nigeria Treasury Bills Draw N2.41 Trillion in Bids as Rates Fall

Nigeria, Feb. 20 -- Investors showed a great deal of interest in Nigeria's most recent Treasury Bills auction, which took place on February 19, 2025. The total number of subscriptions for the three of... Read More