Bulls persist as local equities gain N28bn
Omeiza Bilal The steady upward trend persisted on the floor of Nigerian Exchange, as the market appreciated by N28 billion. Market...
Banking & Finance
Equity market gains N273bn
The domestic equity market on Wednesday continued trading on a positive note, with the bulls at the driver's seat. The...
Expert advocates refinancing of existing commercial debt obligations to boost naira
Chief Executive Officer of Financial Derivatives Company (FDC) Limited, Bismarck Rewane, has said that the naira is on the path...
WAMZ single currency unachievable – WAMI
The West African Monetary Institute (WAMI) has attributed the inability of member states of The West African Monetary Zone (WAMZ)...
Less than 20% of households in low income counties own a computer – W/Bank
Uzezi Samuel A new World Bank report says, less than 20% of households in low-income countries like Nigeria, Mali, Mozambique,...
Local equity market gains N404bn
Transactions on the floor of Nigerian Exchange (NGX) opened the week on a positive note, appreciating by N404 billion, as...
Goldman Sachs says Naira will appreciate to N1,200/$ in 12 months –
Goldman Sachs says the naira will appreciate to N1,200 against the dollars in the next twelve months. The financial institution...
WAMZ convergence score declines to 29.2%
There are indications that the quest for a single currency by the West African Monetary Zones (WAMZ) would take much longer...
CBN reports upsurge in dollar inflow as remittances quadruple, foreign investors’ return
Uzezi Samuel The Central Bank of Nigeria (CBN) reported a significant increase in foreign exchange inflow into the economy in...
CBN to MfBs, PMIs: Submit monthly financial returns or risk sanctions
The Central Bank of Nigeria (CBN) has mandated Microfinance banks, Primary Mortgage Banks (PMBs) and Development Financial Institutions (DFIs) to...
