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As Yield Declines, Buying Interests Dominate Bond Market

As Yield Declines, Buying Interests Dominate Bond Market The Federal Government bonds market was dominated by buying interests last week as investors took advantage of the attractive yields across the curve. Average yields across all tenors declined by 42 basis points week-on-week to close at 13.9 per cent on Friday. Major buying interests were witnessed […]

CBN Earmarks N50m Capital For Tier 2 Microfinance Banks

CBN Earmarks N50m Capital For Tier 2 Microfinance Banks The Central Bank of Nigeria (CBN) has introduced a Tier-based system for unit microfinance banks in the country. The apex bank also adjusted the time frame given to the different categories of microfinance banks to recapitalise. The different categories are the unit, state and national operators. […]

NIHSA To Control Underground Water Extraction

NIHSA To Control Underground Water Extraction The Nigeria Hydrological Services Agency (NIHSA) in collaboration with the International Atomic Energy Agency are conducting studies that will help regulate the manner in which underground water is being extracted across the country. It was gathered in Abuja on Monday that the study would enable NIHSA to find out […]

Ensuring the continuation of Erasmus+ activities in the event of no-deal Brexit: Council approves contingency measures

Ensuring the continuation of Erasmus+ activities in the event of no-deal Brexit: Council approves contingency measures

The European Union is taking measures to avoid the disruption of Erasmus+ existing programmes involving the United Kingdom at the time of its withdrawal from the European Union. Today, the Council adopted a regulation on the continuation of ongoing learning mobility activities under the Erasmus+ programme in the context of Brexit.

Nigeria’s Export To France, Three Others Rises N2.28trn

Nigeria’s Export To France, Three Others Rises N2.28trn   Nigeria’s total export to five major countries totalled N2.28trn in the fourth quarter of 2018. Data obtained from the National Bureau of Statistics on commodity price indices and terms of trade (Q4 2018) revealed that Nigeria’s exports to Spain and China were N569.4bn and N113.3bn, while […]