Eyes on Nigeria’s Primary Market Auction
29 November 2020 | 11:15 am
Nigeria’s Debt Management Office offered 147.82 billion naira in today’s Primary Auction compared to the 167.82 billion Naira maturing Treasury bills. Ifeoma Onyejekwe, Fixed Income Trader at UBA tells CNBC Africa’s Esther Awoniyi how market participants reacted to the auction as well as what to expect from a possible OMO auction on Thursday.
In this article
The World Economic Forum is urging Nigeria to identify risk-hedging facilities to back the naira financing of clean energy projects due to the limited availability of dollar finances.
Peter Obi’s request unconstitutional; Tinubu must be sworn in — LP’s Lamidi Apapa
Known as Nigeria's Solar queen Damilola Asaleye owns a solar tech company, has founded a solar academy and organizes stipends for young women in an effort to create women workforce in the sector.
Nigerian authorities blamed the violence on a local separatist group. Two local US embassy staffers and two policemen were killed, while three were abducted.
Nigeria's northern states of Adamawa, Yobe and Borno are expected to be hardest hit due to heightened Boko Haram attacks, banditry and kidnappings. Many locals have fled their villages and now live in IDP camps.
Oil extraction and repeated spills have turned the Nigerian state of Bayelsa into one of the world's most polluted areas. A report estimates the cleanup cost to be more than 12 billion dollars, and calls for oil companies Shell and Eni to foot the bill.
A new report says the oil giants should foot a $12 billion bill for the pollution in Nigeria's Bayelsa state — but they deny wrongdoing. Instead, Shell and Eni attribute the oil spill to illegal refineries and oil theft.
The Fly Eagles of Nigeria begin their campaign at the FIFA Under 20 World Cup in Argentina on Sunday against the Satin Dominican Republic. And in this episode of The Nutmeg, we preview the game for you.
Inside Stuff with Martins Oloja this week examines the race to become the next Nigeria Senate President and Speaker House of Assembly. The multi-award-winning journalist with The Guardian Nigeria asks: 10th National Assembly: Who is on Nigeria's side?
When 18 incoming new governor takes over their states on May 29, 2023, they will take over near-bankrupt states. Overall, the governors who have completed their constitutionally allowed two terms plus Bello Matawalle of Zamfara, who could not secure re-election, will pass on a whopping N3.2 trillion to the new state handlers. The 19 states’ debt is about 44 percent of the cumulative $17.34 trillion owed by the 36 states and the Federal Capital Territory.
A decent start it was for the Flying Eagles as they rallied from a goal down to claim their first victory at the U-20 World Cup against the Dominican Republic. Up next is an all-important clash against Italy and this could make or break their campaign in Argentina. Ayomide Sotubo and this is the Nutmeg on Guardian TV.
The Flying Eagles have made sure of qualification; they have done the job whether you like Ladan Bosso or not! It's now all about bragging rights when they face Brazil on Saturday and in this video, Ayomide Sotubo previews the game on The Nutmeg this week.
2 hours ago
The French-speaking province has become the latest wildfires hotspot in the country. Smoke from the fires has traveled as far away as New York, significantly hindering visibility and prompting air quality alerts.
2 hours ago
The European Commission hopes that pushing ahead long-brewing trade deals with Latin American governments can boost the EU.
3 hours ago
Feminists and human rights activists in Lebanon are speaking out against attempts to impose increasing restrictions on their lives in the name of "conservative values". This follows an attack on a woman at a beach in the southern city of Sidon, when an Islamic cleric and his followers told Mayssa Hanouni she didn't have the right to wear a bathing suit there before getting violent.
3 hours ago
EU interior ministers are set to debate plans for stricter asylum rules. Will Germany throw a spanner in the works?
4 hours ago
We look at reactions and videos after the devastating Kakhovka dam collapse that marks a new turning point in the war in Ukraine. The world of golf is rocked by a merger between rival Saudi-backed LIV and PGA leagues which is heavily criticised by the Western press. And: scientists have unearthed evolutionary links to human masturbation!
4 hours ago
Infrequent periods and unexplained weight gain? It could be polycystic ovary syndrome (PCOS) — the most common hormonal disorder in women of childbearing age. Despite its high prevalence, many have never heard of it.