Following Thursday’s FOREX wholesale auction, the Central Bank of Nigeria (CBN) on Friday, March 24, 2017, concluded transactions on the sum of…
Category:
Finance
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Reuters The International Monetary Fund (IMF) is expected to warn Nigeria that its economy needs urgent reform, according to a report seen…
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Zenith Bank has put on hold its earlier announced plans to raise N100 billion through a combination of bonds and share sales…
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Fitch Rating Agency says Nigerian banks will continue to face challenges this year, following an extremely difficult 2016. It said that “Regulatory…
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Nigeria has awarded a $1.79 billion contract to a Chinese firm for work on the second phase of Abuja’s mass transit railway,…
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THE Senate has approved federal government request to raise additional $500 million eurobond from the international capital market to fund the 2016…
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Zenith International Bank Plc yesterday at it Annual General Meeting declared a profit after tax of N129.65 billion which is far above…
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Market Cap (N’bn) 8,842.9 Market Cap (US$’bn) 28.9 NSE All-Share Index 25,558.57 Daily Performance % (0.4) Week Performance % 1.1 YTD Performance…
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Goldman Sachs will begin moving hundreds of people out of London before any Brexit deal is struck as part of its contingency…
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Tomato Union of Nigeria (TUN) has suggested alternatives to the Central Bank of Nigeria (CBN) policy that restricted 41 item from access…
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FinanceNews
CENTRAL BANK OF NIGERIA COMMUNIQUÉ NO 112 OF THE MONETARY POLICY COMMITTEE MEETING OF 20TH AND 21ST MARCH 2017
Background The Monetary Policy Committee met on the 20th and 21st of March, 2017, against the backdrop of persistent uncertainty in the…
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Central Bank of Nigeria (CBN) said it has offered a total of $180 million to meet bids for wholesale auction and requests…
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The Minister of Finance has said that the Federal Government has consistently complied with all extant rules and regulations in the disbursement…
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Market Cap (N’bn) 8,882.0 Market Cap (US$’bn) 29.0 NSE All-Share Index 25,671.55 Daily Performance % 0.1 Week Performance % 2.1 YTD Performance…
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Minister of Finance Mrs Kemi Adeosun has said that the balance in the Excess Crude Account (ECA) as at 15th March, 2017 stood…