Average T-bills Yield Settles at 14.64% Bearish sentiments characterised the secondary market for Treasury bills on Tuesday, as the yield on all tenors advanced. The yields...
Banks Borrow N404bn From CBN in Six Days The Deposit Money Banks in the country borrowed the sum of N404bn from the Central Bank of Nigeria...
Nigeria’s Oil Production Hits 2.25mbd Nigeria’s daily crude oil production with condensates has increased to 2.25 million barrels per day (mbd), but with crude oil production...
Analysts Predict Monetary Policy Easing Analysts at WSTC Financial Services Limited in its 2018 forecast has predicted a 200 basis point (bps) reduction in the Monetary...
Survey Anticipates Growth in Credit This Quarter The Credit Conditions Survey Report of the Central Bank of Nigeria (CBN) for the fourth quarter of 2017 has...
Nigeria to Grow by 2.5% in 2018 -World Bank The World Bank forecast Nigeria’s economy to expand at 2.5 percent in 2018, citing improved commodity prices,...
2018: Experts Bullish on Banking, Consumer Goods, Others As market operators and investment analysts project another rally in the equities market, they have picked Banking, Building...
Oil Rises Above $68, Highest Since May 2015 Global oil benchmark, Brent crude, extended its gains on Tuesday, trading near $69 per barrel on the back...
Nigeria Spends 34% of Revenue on Debt Servicing – DMO Nigeria spends 34 per cent of its revenues on debt servicing, the Debt Management Office has...
Afreximbank Taps Islamic Finance to Support Africa Trade The African Export-Import Bank has raised around $260m via three sharia-compliant facilities to support the Small and Medium-scale...