FGN

Parthian Partners Limited has announced the issuance of its debut N10 billion 3-year Fixed Rate Senior Unsecured Short-term Bond. The issuance represents the first short-term bond under the FMDQ Securities Exchange short-term bond…

Nigeria’s flagship privately operated airport terminal, Dr. Wale Babalakin’s Murtala Muhammed Airport Terminal 2, (MMA2), Lagos is embarking on a massive upgrading of its X-ray machine and air conditioning systems for passengers safety,…

A total subscription of N242.23 billion was received for the Federal Government of Nigeria (FGN) bonds for August, the Debt Management Office (DMO) disclosed on Wednesday. The DMO said the Federal Government’s N150 billion bonds…

AMINA HUSSAINI The Debt Management Office (DMO) will next week restart the sale of Federal Government of Nigeria (FGN) Savings Bond. The DMO suspended the monthly offers of the FGN Savings Bond in April 2020 due to the restrictions on…

The Nigerian Electricity Regulatory Commission (NERC) has indicated its willingness to cede part of the Transmission Company of Nigeria (TCN) to customer groups and market participants in a fresh move aimed at revitalising electricity…

An English court threw out a $1.1 billion (£903.49 million) case Nigeria had brought against Royal Dutch Shell (RDSa.L) and Eni (ENI.MI) related to a dispute over the OPL 245 oilfield, a court document showed on Friday, while a related…

President Muhammadu Buhari has signed an amendment to the Executive Order 008 of 2018 on Voluntary Offshore Assets Regularization Scheme (VOARS). VOARS gives all relevant persons and their intermediaries, who have defaulted in…

Amina Hussaini The Acting Director-General of the Securities and Exchange Commission Nigeria (SEC), Ms Mary Uduk has advised state governments to establish companies for specific target projects to boost their Internally Generated…

UMORU ABDULKADIR The Securities and Exchange Commission, SEC has said that the establishment of an active infrastructure fund via the capital market would greatly help to bridge the infrastructure gaps in the country. Acting…

Umoru Abdulkadir The Debt Management Office (DMO) has that the Federal Government of Nigeria (FGN) will offer for subscription, bonds worth N150 billion on November 20, 2019. The circular released to the website of the DMO, showed…