FG’s N501 billion power sector bond records 100% subscription
FG’s N501 billion power sector bond records 100% subscription The Federal Government has recorded a full subscription for its N501 billion inaugural power sector bond issued under the Presidential Power Sector Debt Reduction Programme (PPSDRP), signalling strong investor confidence in... Read More →
Naira appreciates to N1,400/$ as US dollar weakens
Naira appreciates to N1,400/$ as US dollar weakens The Nigerian Naira continued to gain ground against the US dollar during the midweek trading session. In the official market, the naira maintained the appreciation trend seen since the start of the week. The local... Read More →
Mutual Benefit Assurance Invests $64m in Oil Producing Assets
Mutual Benefit Assurance Invests $64m in Oil Producing Assets Mutual Benefit Assurance Plc said besides its core insurance operations, it has diversified into the energy sector having invested a whooping $64 million (N96 billion) in a producing oil asset as a... Read More →