The Monetary Policy Committee (MPC) met on November 18 and 19, 2013 against the backdrop of widespread uncertainties and risks of deflation in the…
Finance
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Indications emerged weekend that banks operating in the country may shut down operations nation wide in protest over the continued detention of…
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The All share index was down 90 basis points. The banking sector was in line with market sentiments, with more losses at…
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Gov. Babangida Aliyu of Niger state has urged the Central Bank of Nigeria (CBN) to account for the shortfall being experienced in…
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Activities on the Nigerian Stock Exchange (NSE) on Tuesday closed on the bullish trend following gains posted by some highly capitalised stocks.…
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Market Cap (N’bn) 12,181.39 Market Cap (US$’bn) 76.92 NSE All-Share Index 38,125.18 Daily Performance % 0.19 1 Week Performance % 2.01 YTD…
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Central Bank of Nigeria, CBN and Deposit Money Banks have commenced the process of a biometric solution to identify every bank customer…
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Diamond Bank has suspended the launch of a seven-year $550 million bond because of pricing turbulence in the international debt market, its…
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Lagos state on has said it had obtained the approval of the Securities and Exchange Commission (SEC) to issue N87.5 billion bond…
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Market Cap (N’bn) 12,158.73 Market Cap (US$’bn) 76.75 NSE All-Share Index 38,054.23 Daily Performance % 0.31 1 Week Performance % 1.44 YTD…
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Market Cap (N’bn) 12,121.46 Market Cap (US$’bn) 76.36 NSE All-Share Index 37,937.61 Daily Performance % 0.45 1 Week Performance % 1.77 YTD…
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Access Bank said it has raised $100 million in seven-year international bilateral debt priced below its Euro-bond yield of 7.25 per cent,…
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African Development Bank, AfDB, has invested N3.2 billion in Nigeria’s new infrastructure private equity fund, ARM-Harith Infrastructure Fund. AfDB said the gesture…
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Revenue earned by Nigeria this year may be as much as $12 billion short of budget estimates as theft of crude and…
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The Board of Directors of the African Development Bank (AfDB) has approved an additional US $10 million equity investment in Atlantic Coast…