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Home
Bank Lending Rates
Fixed Deposit Rates
Nigerian Stock Exchange
Dividend Calendar

Naira BDC Exchange Rates
FGN Bonds Auction
Treasury Bills Rates
FGN Savings Bond Auction

NGN/USD
Mar 26
Mar 25

485
486
NGN/GBP
Mar 26
Mar 25

680
680
NGN/EUR
Mar 26
Mar 25

580
582

25 years tenor
Feb 17
Jan 20

11.80
8.95
5 Year Tenor
June 17
May 20

8.0
9.2
15 Year Tenor
Feb 17
Jan 20

11.25
8.74
10 Years Tenor
Feb 17
Jan 20

10.25
7.80
30 Yrs Tenor
Sept 23
Aug 19

8.94
9.99

91 Days
Jan. 27
Jan 13

0.55
0.5
182 days
Jan 27
Jan 13

1.00
1.30
364 days
Jan 27
Jan 13

2.00
1.50

2 Years Tenor
Nov 11
Oct 14

1.75
2.45
3 Years Tenor
Nov 11
Oct 14

2.75
3.45

Stock Quotes

TOP GAINERS: March 17, 2021 – SFSREIT 68.60/6.20 – 9.04%, SEPLAT 550.00/5.00 – 0.91%, OANDO 3.29/0.29 – 8.81%, ZENITHBANK 20.50/0.20 – 0.98%, UNITYBNK 0.72/0.06 – 8.33%, WAPIC 0.55/0.05 – 9.09%, UCAP 4.55/0.05 – 1.10%, LIVESTOCK 1.95/0.05 – 2.56%, FIDSON 4.90/0.05 – 1.02%, HONYFLOUR 1.25/0.02 – 1.60%

TOP LOSERS: March 17, 2021 – GUARANTY 28.00/-0.50 -1.79%, VITAFOAM 7.35/-0.40 -5.44%, NCR 2.79/-0.30 -10.75%, NEIMETH 1.90/-0.19 -10.00%, NAHCO 2.10/-0.10 -4.76%, NEM 2.09/-0.10 -4.78%, FBNH 7.20//-0.10 -1.39%, MANSARD 0.94/-0.05 -5.32%, FIDELITYBK 2.19/-0.04 -1.83%, JAPAULGOLD 0.47/-0.01 -2.13%

Eurobonds ($)

NIGERIAN EUROBONDS March 16 2021: 5.625% US$300M JUN 2022-103.962/2.446%, 6.375% US$500M JUL 2023– 108.337/2.639%, 7.625% US$1.118BN NOV 2025– 114.581/4.159%, 6.500% US$1.5BN NOV 2027– 106.967/5.250, 7.143% US$1.25BN FEB 2030 – 105.897/6.270%, 8.747% US$1.0BN JAN 2031 – 115.122/6.629%, 7.875% $1.50BN Feb 2032 – 108.095/6.810%, 7.696% $1.25BN Feb 2038 – 103.337 /7.347%, 7.625% $1.50BN Nov 2047 – 102.298 /7.425%, 9.248% $750M Jan 2049 – 115.726/7.848%.

Updates

CBN defends naira with $5.62bn in three months
CBN to issue N570.4m treasury bills in Q2
External reserves loses $52m in 16 days
Countries complaining about Nigeria’s multiple foreign exchange rates says Okonjo
Crypto exchanges move to control scam activities in Nigeria
Senate demands detailed report on alleged N4tn unremitted funds
A guide for investing in Bitcoin
As ghost of fuel subsidy removal lurks around
Fuel price hike looms nationwide as marketers meet
Headline inflation reaches 16.47 per cent

CBN defends naira with $5.62bn in three months

The Central Bank of Nigeria injected $5.62bn into the foreign exchange market in the fourth quarter of 2020 as part of...
CBN to issue N570.4m treasury bills in Q2

The Central Bank plans to issue treasury bills worth N570.4m in the second quarter. It disclosed this on its website on...
External reserves loses $52m in 16 days

Nigeria’s external reserves has shrunk by $522,525,964 in 16 days. According to recent figures on the Central Bank of Nigeria’s (CBN)...
Countries complaining about Nigeria’s multiple foreign exchange rates says Okonjo

Director-General of the World Trade Organisation, Dr. Ngozi Okonjo-Iweala, on Monday, listed conditions that could make Nigeria benefit from the global...
Crypto exchanges move to control scam activities in Nigeria

Cryptocurrency exchanges in Nigeria are taking measures to ensure a safe trading environment for investors with upgraded security protocols. The need...
Senate demands detailed report on alleged N4tn unremitted funds

Members of the Senate Public Account Committee and the officials of the office of the Auditor-General for the Federation engaged in...

Stock market records N140bn weekly loss

The Nigerian stock market extended its decline last week as investors lost N140bn. The Nigerian Stock Exchange All-Share Index...

Market capitalisation plunges by N8 billion
BDCs link forex speculators to naira crash to N485/$1
Equities suffer sixth weekly loss as index slumps further by 1.74%
Hope rises for sustainable trading as NSE completes demutualisation
NSE becomes public liability company
Capitalisation plunges by N371b as stock market reverses gains
Investors lose N240bn as stocks extend losing streak
Stock market extends loss by 0.40%

Business & Economy

Reps pass Bill to restrict foreign vessels in Nigeria coastal waters
The House of Representatives on Thursday...
E-Commerce Through and Through
With the Covid-19 pandemic still threatening...
CBN sets 94% target for financial inclusion by 2024
The Governor of the Central Bank of...
What data say of Nigeria’s economy
In the data world, like every...

Aviation

Why local airlines are battling flight cancellations, delays
It is called the early bird, and...
FAAN MD, others back first int’l aviation/cargo conference in Nigeria
The Managing Director of the Federal Airport...
UAE extends ban on Nigeria flights to March 20
The United Arab Emirates has extended...
FAAN seeks suspension of statutory revenue contribution
The Federal Airports Authority of Nigeria...

Personal Banking

Three million Nigerians lost N18bn to Ponzi schemes – SEC
Over three million Nigerians have lost...
How cryptocurrency is solving unemployment in Nigeria
As issues continue to surround the...
Post COVID-19: SMEs must re-strategize branding approach to survive new normal
Brand expert, Ikechukwu Kalu has advocated...
Online payments low as unrest spreads
Banking transactions carried out by customers...

Primary Auction Calendars

Nigerian Treasury Bills Issue Program 2nd Quarter 2020
The Central Bank of Nigeria (CBN)...
FGN Bonds Issue Programme 1st Quarter 2020
FGN BONDS ISSUANCE CALENDAR FOR THE...
FGN Bonds Issue Programme – 4th Quarter 2019
Read Also:FGN Bonds Issue Programme -...

Maritime

Apapa gridlock: Fraudsters clone e-call up tickets, as NPA revenue hits N350bn
Barely two weeks after the Nigerian Ports...
Day 1: E-call up suffers delay, as truck transit park remains empty
The Nigeria Port Authority (NPA) electronic...
NPA bars non-registered trucks from ports under ‘Eto’ scheme
The Managing Director, Nigerian Ports Authority...
How reduction in tariff on imported vehicles’ll spur transport sector
Maritime and transportation stakeholders clamouring for...

Industries

Angry reactions as Petrol hits N212.61 per litre

Nigerians have condemned the purported increase in the pump price of premium motor spirit (PMS) also known as petrol...

Customers with faulty meters shouldn’t get estimated bills – NERC
SEC partners AfDB to broaden market instruments
We spent N966bn on pipeline repairs, NNPC replies AuGF
How Dangote refinery will boost Nigeria’s economy

Articles

How Willy Moeller is using social media to make money across the world
Wherever he is in the world,...
Why you need to lock your SIM cards
With technology advancements, ways of doing things have...
A guide for investing in Bitcoin
Investing in Bitcoin is almost the...
How Bitcoin differs from Ethereum
Both Bitcoin and Ethereum are cryptocurrencies....

Banking

N6.98 USSD flat rate will stabilise payment system, says CBN
The Central Bank of Nigeria (CBN)...
USSD: NCC, CBN agree on new pricing
The Central Bank of Nigeria (CBN)...
CBN directs banks to begin scan-to-pay system
The Central Bank of Nigeria (CBN)...
Two out of five bank workers contract staff – NBS
Two out of every five people...

Technology

How technology is reshaping the future of work
From the earliest period of man...
OPPO to deepen smatphone market competition
Original equipment manufacturer (OEM), OPPO, yesterday...
High Internet cost forces people with 4G network coverage offline
UN wants drop in broadband service...
Nigeria ranks lowest in Internet affordability – Report
A global study on the quality...

Insurance

Naira’s free fall: Insurance industry capital base crashes to $1b

Naira’s depreciation has taken a toll on the capital base of the insurance industry. The capital has dropped to...

New firm debuts, pledges to rewrite insurance perception
Experts charge insurers on N59trn real estate opportunity
No fund was mismanaged, say AIICO pension
African Alliance pays N967m claims in 40 days

Money

Currency in circulation drops to N2.78tn

Currency in circulation in the country dropped by N50bn to N2.78tn in February from N2.83tn as of January, the...

CBN defends naira with $5.62bn in three months
Naira-4-dollar scheme ends May 8, banks tell customers
Naira exchanges for N481/$ at parallel market
Crypto exchanges move to control scam activities in Nigeria

Enterpreneurship

FG plans tax relief, funding for women entrepreneurs

Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed, on Monday assured that the Federal Government, through the implementation...

Local production key to startup, economic growth –Fisolak Group boss
Standard Chartered introduces COVID-19 support for entrepreneurs
Access Bank, LSETF, partner to empower female entrepreneurs
How Nigerian youths can attain sustainable financial dream with cryptocurrency – Oluwaseun

Company News

Banks owe telcos N42bn for USSD services, says NCC

Deposit Money Banks owe telecommunications companies N42bn for services provided by the mobile network operators through the Unstructured Supplementary...

Lawrence Nazare appointed GMD Continental Reinsurance
FBN holdings grows 2020 profit to N79 billion
Flour Mills lists N29.8bn bond on NSE
How Dangote lost $900m in 24 hours

MPC Communiques

MPC to leave key rates unchanged –Experts

Economic analysts have said they expect the Monetary Policy Committee (MPC) to keep policy rates unchanged while reiterating resolve to keep...

Report foresees 13.5% monetary policy rate for Nigeria in 2021
Experts expect no rise in interest rate:MPC
Oil price rises 2% after falling to $36
Central Bank of Nigeria Communiqué No. 131 of the 274th MPCo Meeting

Real estate

Experts charge insurers on N59trn real estate opportunity

Experts in the nation’s insurance industry have called on underwriting firms to tap into opportunities in the real estate...

Experts charge insurers on N59trn real estate opportunity
Real estate firm invests in affordable houses
Revised Magodo scheme I&II now operational – Lagos
Estate surveyors call for vibrant mortgage system, others

Reps pass Bill to restrict foreign vessels in Nigeria coastal waters
Currency in circulation drops to N2.78tn
E-Commerce Through and Through
CBN sets 94% target for financial inclusion by 2024
How technology is reshaping the future of work
What data say of Nigeria’s economy

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