The Federal Government has announced the appointment of a consortium of banks including Citi Group, Standard Chartered, StanbicIBTC, Whitten-Case and African Practice to handle the $2.5b Eurobond. The Federal Executive Council has approved the reappointment of transaction parties for the country’s Eurobond.

The Senate on Tuesday urged Central Bank of Nigeria (CBN) and other stakeholders to make proper investigations into bitcoin trading. They also asked for deliberate efforts to educate the public on the dangers of Bit-coin as a store of value in Nigeria. It said that all news platforms and in various languages should be deployed in the dissemination.

The Niger State Coordinator of the Department of Petroleum Resources (DPR) Alhaji Abdullahi Isa on Tuesday said the office in Minna was gutted by fire. Issa who stated this while conducting newsmen around the office complex stated that three office rooms were affected by the inferno. He further hinted that the fire affected the internet, Account Department, Head of Gas and Down Stream offices.

United States has reaffirmed its commitment to support Nigeria to ensure avenues are open to economic growth and development for stronger business networks. Mr John Bray, U.S. Consul-General said this when he visited the Nigerian Stock Exchange (NSE) in Lagos. Bray said that the U.S. government and private sector would support Nigeria’s growth and development as it continues to discover new investment avenues.

The Minister of Power, Works and Housing has described as untrue, claims that the epileptic power supply in the country is responsible for economic stagnation. The minister stated this on Wednesday at a civil society engagement workshop on the Power Sector Recovery Programme held in Abuja.

Nigeria’s stocks have been rated among the world’s best-performers in the past four months. Bloomberg reported on Monday that the good performance was as a result of foreign investors. The New York-based financial software, data, and media company, said net foreign inflows to Nigerian equities totalled 337 billion naira ($940 million) last year, the first time flows have been positive since at least 2013.

The World Bank’s private sector arm said it would assist Africa to expand financial inclusion through leveraging on technology. Lesley Denyes, the Programme Manager of the Financial Institutions Group Africa at the International Finance Corporation (IFC), said during the Second Annual Learning Event for the AgriFin Accelerate Program (AFA). The event was hosted by Mercy Corps, in partnership with the Mastercard Foundation.

Nigerian equities reopened yesterday on a bullish note as investors responded positively to impending release of corporate earnings and dividend recommendations by major quoted companies. The board of directors of United Bank for Africa (UBA) Plc met yesterday and approved the audited reports and dividend payment for the year ended December 31, 2017.

The Administrative panel of Inquiry constituted in November to investigate the corruption allegations against Mr. Mounir Gwarzo, the suspended Director-General of Security and Exchange Commission (SEC) has recommended his dismissal. The panel which was set up by the Minister of Finance, Mrs. Kemi Adeosun is headed by the Permanent Secretary of the Ministry, Mahmoud Isa-Dutse.

The Federal Government has approved the construction of an irrigation dam at Ijegwu community in Yala Local Government Area of Cross Rivers State to facilitate dry season farming in the area. The Managing Director of Cross River Development Authority, Mr. Bassey Mkposong who stated this on Sunday in Calabar