* As CBN forces banks to sell performing loans at a loss to AMCON By Omoh Gabriel Indications emerged, weekend, that the…
Category:
Finance
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By Omoh Gabriel The Fiscal Responsibility Commission has disclosed that the delays in the submission and approval of the Medium Term Expenditure…
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FinanceNews
IFC and African Development Bank sign ISDA Master Agreement to expand local currency finance
IFC, a member of the World Bank Group, and the African Development Bank (AfDB) today signed an ISDA Master Agreement to enter…
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Market Cap (N’bn) 7,037.23 Market Cap (US$’bn) 44.08 NSE All-Share Index 22,066.40 Daily Performance % (0.47) 1 Week Performance % (0.68) YTD…
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FinanceNews
IFC and African Development Bank sign ISDA Master Agreement to expand local currency finance
IFC, a member of the World Bank Group, and the African Development Bank (AfDB) today signed an ISDA Master Agreement to enter…
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Market Cap (N’bn) 7,070.58 Market Cap (US$’bn) 44.29 NSE All-Share Index 22,170.96 Daily Performance % (0.04) 1 Week Performance % (0.64) YTD…
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The Federal Ministry of Finance said in Abuja that it would only make subsidy payments to those marketers whose claims had been…
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FinanceNews
IMF warns Nigeria against ramoval of CBN’s autonomy, says it will erode monetary policy gains
International Monetary Fund (IMF) Country Chief in Nigeria Mr. Scott Rogers, has warned the federal government against removing the autonomy of the…
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A total of 342.72 million shares worth N3.3 billion were traded in 4,649 deals on the Nigerian Stock Exchange on Wednesday. This…
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By Omoh Gabriel The Central Bank of Nigeria Monetary policy Committee yesterday raised alarm over the deteriorating national economic growth stating that…
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The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) on Tuesday in Abuja retained the Monetary Policy Rate (MPR),…
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EconomyFinanceNews
Central Bank of Nigeria Communiqué No. 83 of the Monetary Policy Committee Meeting of Monday and Tuesday May 21 and 22, 2012
The Monetary Policy Committee met on May 21 and 22, 2012 with all members in attendance. The Committee reviewed the conditions and…
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Market Cap (N’bn) 7,125.16 Market Cap (US$’bn) 44.81 NSE All-Share Index 22,342.13 Daily Performance % 0.15 1 Week Performance % (0.36) YTD…
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First City Monument Bank (FCMB) recorded losses in the financial year ended Dec. 31, 2011 but gave its shareholders a bonus of…
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Weekly activities on the Nigerian Stock Exchange (NSE) resumed on depressed note on Monday as the market indices depreciated by 0.32 per…