Central Bank of Nigeria CBN has issued a foreign exchange loan guideline for banks in which it increased the limit of banks’…
Category:
Finance
-
-
The Central Bank of Nigeria (CBN) has released additional $250 million on 7 to 30-day forwards for agriculture, airline, petroleum products and…
-
BusinessEconomyFinanceNewsStock Market
Equities Rebound on account of Bargain hunting… NSE ASI up 7bps
Market Statistics Wednesday, 12th April, 2017 Market Cap (N’bn) 8,822.2 Market Cap (US$’bn) 28.8 NSE All-Share Index 25,496.71 Daily Performance % 0.1…
-
President Muhammadu Buhari has forwarded the names of six persons to the Senate for confirmation as Non-Executive Directors of the Board of the Central…
-
—sells $100m to SMEs —makes $100m spot wholesale Small and Medium Enterprises (SMEs) in the country involved in the importation of critical…
-
Royal Dutch Shell has said it knew that some of the payments it made to Nigeria for the rights to an oilfield…
-
Credit rating agency Standard and Poor’s (S&P) has downgraded South Africa‘s rating to BB+ -status, as the country’s currency continued to slide…
-
Africa Finance Corporation (‘AFC’), a leading pan-African multilateral development finance institution and project developer, has issued a US$500 million 7 year Eurobond.…
-
…begins massive sale with $100m …sells $10,000 each to BDCs The Central Bank of Nigeria (CBN) has opened a special Forex window…
-
BusinessEconomyFinanceNewsStock Market
Equities open bearish as investors book profit … NSE ASI down 47bps
Market Statistics Monday, 10th April, 2017 Market Cap (N’bn) 8,867.0 Market Cap (US$’bn) 28.9 NSE All-Share Index 25,626.37 Daily Performance % (0.5)…
-
BusinessEconomyFinanceNewsOil and Gas
Shell top executive knew of bribe given to Nigeria officials, new evidence on oil payments
The BBC said it has seen evidence that top executives at Shell knew money paid to the Nigerian government for a vast…
-
Barclays has reprimanded Chief Executive Jes Staley and will cut his bonus for attempting to uncover a whistleblower’s identity, the British bank…
-
Central Bank of Nigeria CBN has decided to now sell shorter-dated dollar for future transaction in a bid to inject liquidity into…
-
In its avowed determination to ensure ample supply of foreign exchange liquidity in the market, the Central Bank of Nigeria (CBN) on…
-
Fitch Rating Agency yesterday said that Zenith Bank is stronger than the rest banks in its own assessment of the capacity of…