Dollars increased at the foreign exchange (forex) market as liquidity at the investors and exporters window increased to $407.7 million following the decision of the Central...
The International Monetary Fund (IMF) says it is playing an active role in mediating on the debt debacle facing some countries. The Managing Director of IMF,...
At the launch of Proshare of Proshare Impact Report on Nigeria’s banking sector titled: ‘Reassessing Tier 1 Banks – The Class of 2023,’ in Lagos Panelists...
Nigerian equities ended the week on a positive note, as the All-Share index closed 0.10% higher to settle at 67,200.69 points. Gains in ACCESSCORP (+0.63%), UBA...
Central Bank of Nigeria CBN has lifted the ban previously placed on 43 that were denied access to foreign exchange market. The CBN said it is...
Activity on the Lagos bourse ended mixed albeit with a bullish tilt as the benchmark index closed 0.05% higher to settle at 67,133.19 points. Gains in ZENITHBANK...
International Monetary Fund has said that five countries, Angola, Kenya, Zambia, Cameroon, and Nigeria mostly resource intensive, account for 55 percent of official bilateral debt to...
In his inaugural address, the President conveyed the urgent need to “clean up” the CBN and its Monetary Policies. As a first step to this task,...
The local bourse bounced back today, paring previous session losses, as the benchmark Index regained 0.17% to close at 67,100.49 points. Investor interests in industrial heavyweight, BUACEMENT (+2.32%)...
Today, the bears dominated the domestic bourse as the NGX All-Share Index (ASI) slipped by 0.17% to settle at 66,984.62 points. The market’s weak performance was primarily...
International Monetary Fund (IMF) said on Tuesday Marrakech said that about 5 per cent of banks globally are vulnerable to stress if central bank interest rates...
Central Bank of Nigeria CBN, has said that its digital currency the eNaira poses no threat to financial stability in Nigeria. The apex bank said this...
The Secretary to the Government of the Federation (SGF), Sen. George Akume has called on banks to follow provisions of the Fiscal Responsibility Act (FRA) when...
The World Bank on Monday said it is looking at ways to expand the guarantees it provides for commercial loans to boost the private financing available...
Opening the week, the local bourse rebounded, up 0.97% to settle at 67,101.33 points. Investors interest in industrial heavyweight, BUACEMENT (+10.00%) alongside WAPCO (+0.17%) and NB (+9.09%)...