Index to Nigerian Newspapers

Public companies operating in Nigeria now have to choose one of two options in filing their annual financial statements as the Securities and Exchange Commission (SEC) began full implementation of the dual filing options for corporate earnings. Public companies now have the option of filing the unaudited fourth quarter financial statement within 30 days after the end of the quarter and filing the annual audited financial statements within 90 days after the year-end. Failure to abide by an adopted filing regime will be deemed a violation of Section 60 of the Investments and Securities Act, 2007. Abuja doctor reveals a unique way to permanently cure weak erection, small and shameful manhood, and infertility issues without side effects. Osinbajo heads to Nairobi for Mo Ibrahim Governance Forum, Court stops Akeredolu from installing monarch in Alade Idanre, Angry Buhari orders Akpabio, Amaechi, Sylva, others to resign, Activists greet governor-elect Francis Nwifuru, Dane sentenced to death for killing Nigerian wife, child, and Actress found dead in hotel room..

The federal government borrowed N563.4 billion from the domestic capital market at its latest bond auction, increasing its allotment to N563.359 billion. The DMO had offered four tenors of bonds, including the 10-year, 13.9800 per cent February 2028 bond with a previous stop rate of 13.99 per cent, the 15-year, 12.500 per cent April 2032 bond with a previous stop rate of 14.90 per cent, the 20-year, 16.2499 per cent April 2037 bond with a previous stop rate of 15.90 per cent, and the 30-year, 14.8000 per cent April 2049 bond with a previous stop rate of 16 per cent. The average stop yield closed at 15.31 per cent. At the recent auction of Nigerian Treasury Bills (NTBs), investors had staked N906.21 billion, providing headroom for the government to increase its initial offer by 44.5 per cent. The Central Bank of Nigeria (CBN) had offered N224.50 billion across three tenors of 91-day, 182-day and 364-day NTBs, but total subscriptions by investors peaked at N906.21 billion.

The Naira yesterday lost almost half of its value in the official market as gthe exchange rate in the investors and EXport I&E window rose to N664.04per dollar on tuesday, as the central bank of Nigeria CBN announched measures to liberalise the market including eliminaton of multiple exchang rates and freedom for banks to buy and sell foreign exchange any rate based on willing seller arrangement.

" A unified exchange rate regime offers the follwing benefits for the economy. it enhances liquidity in the forex market.