Transparency, credibility in FX mgt pushed external reserves to $50.45bn – Cardoso
Omeiza Bilal The Governor of the Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso, has stated that Nigeria’s gross and...
Banking & Finance
Bulls rule as equity market gains N1.725bn
The domestic equity market on Monday opened on a positive note appreciating by N1.725 trillion despite profit taking activities experienced...
Oshiomhole commends CBN on reforms
Omeiza Bilal The Senator representing Edo North Senatorial District and a member of the Senate Committee on Finance, Senator Adams...
Equities market remains bearish, sheds N515bn
The Nigerian Exchange closed trading Thursday on a negative note, declining by N515 billion as investors continued to take profits...
Emerging markets face forex pressures from private digital currencies — CBN
Orisemeke Benjamin The Central Bank of Nigeria (CBN) has cautioned that the accelerating growth of private digital payment platforms and...
Unity, Providus Banks merger a done deal as integration progresses
Orisemeke Benjamin Following the recently held Court-Ordered Meeting and subsequent overwhelming endorsement, the merger and business combination between Unity Bank...
Bulls return as equities market gains N683bn
The local equities market on Wednesday returned to positive performance, growing by N683 billion. Market capitalisation of listed equities improved...
Cardoso hails AU decision on African monetary institute, central bank
Omeiza Bilal The Governor of the Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso, has lauded the recent decision of...
Domestic equities market gain N283bn on heavyweight stocks rally
The Nigerian equities market sustained its bullish trajectory into the fourth trading session of the week, gaining N247 billion. Market...
CBN okays weekly FX sale of $150,000 to each BDC
Omeiza Bilal The Central Bank of Nigeria (CBN) has approved the participation of licensed Bureau De Change (BDC) operators in...
