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PBA Reporter

DMO

DMO Returns Oversubscribed 2021 Sovereign SukukTo Investors

The Director-General of the Debt Management Office (DMO), Patience Oniha, has disclosed that the over subscribed portion of the N250 billion, 2021 Sovereign Sukuk, which attracted N865 billion, was returned to investors. Oniha made this known on Thursday, in Abuja, at a
February 4, 2022
Lai Mohammed

Breaking: Nigerian Govt Reveals 96 Boko Haram Sponsors

The Nigerian Financial Intelligence Unit has disclosed 96 financiers of terrorism, including 424 associates/supporters of the financiers. The Minister of Information and Culture, Lai Mohammed, disclosed this known during a briefing on the anti-corruption fight of the President, Major General Muhammadu Buhari’s
February 3, 2022
Flour Mills

Flour Mills Announces N25bn Profit, Plans Expansion

Flour Mills of Nigeria Plc has announced a profit before tax of N25bn for a nine-month period. The company recorded solid performance across food, agro-allied and support segments, delivering topline growth of 51 per cent in the third quarter and 49 per
February 2, 2022

Oil Revenue Drops As Nigeria Misses January OPEC Quota

Nigeria’s crude oil output target for January 2022 has dropped to 1.46 million barrels per day against a target of 1.683 million bpd as approved by the Organisation of Petroleum Exporting Countries. Officials of the Federal Ministry of Petroleum Resources and the
February 2, 2022
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