Bullish Momentum Weakens as MPC Retains Policy Stance… NSE ASI gains 15bps Market Cap (N’bn) 9,932.34 Market Cap (US$’bn) 52.51 NSE All-Share Index ...
The Minister Of Finance, Dr Ngozi Okonjo-Iweala, said on Tuesday said that the Federal Government had no plans to review the oil benchmark for the 2015...
The Monetary Policy Committee (MPC) met on January 19 and 20, 2015 against the backdrop of challenging external conditions and downside risks in the domestic economic...
On Sunday the federal government reduced petrol price to N87 from N97 it previously sold. Reduction of fuel prices is a welcome development which all stakeholders...
The recent decisions of the Central Bank of Nigeria (CBN) to further tighten money supply have heightened competition for the retail segment of the banking populace...
The German Development Bank – KFW has earmarked $200 million to support the development of renewable energy in the country. The leader of the German delegation,...
Nigeria Interbank Settlement System (NIBSS) said that electronic payment through Point of Sale (PoS) terminals has risen by 191 percent to N241 billion in 2014. The...
—naira devaluation to curb banks’ Eurobond desire —Russia rubble suffers 1.2% fall —10% depreciation in Kazakhstan’s tenge — Malaysia’s ringgit hit five-year lows Crude oil price...
The Central Bank of Nigeria (CBN) said that it would withdraw N500 billion from the banking system through the recent increase in the cash reserve requirement...
Asset Management Corporation of Nigeria (“AMCON”) said that it has successfully completed the sale of the entire issued and fully paid up ordinary shares of Enterprise...
The Central Bank of Nigeria (CBN) said it would soon commence comprehensive review of electronic payment guidelines in the country. Deputy Governor, Operations Directorate, Central Bank...
–$73 crude benchmark, too optimistic —falling oil prices not responsible for deteriorating economy —Expect tough times ahead —Nigeria has done many things wrong in the last...
—raised lending rate to 13 per cent —increased private sector cash reserved to 20% —Retain public sector cash reserve at 75% The Central Bank of Nigeria...
Foreign investors sold off Nigerian stocks valued at 101.2 billion naira ($583.6 million) in October after a drop in the oil price and the local naira...
The Minister of State for Finance, Mr Bashir Yuguda, on Tuesday announced that federal, states and local governments had shared N593.33 billion revenue that accrued to...