Banks’ Profits to Drop Over Weak Loan Demand Banks are unlikely to post large profits this year due to weak loan demand and poor economic growth,...
Investors Maintain Appetite for Short-dated Instruments The bond market recorded moderate activities in both the primary and secondary markets last week as investors continued to show...
NSE Lifts Suspension on African Alliance’s Shares The Nigerian Stock Exchange has lifted the suspension of trading in the shares of African Alliance Insurance Plc. The...
NSE All-Share Index Falls Below 30,000 as Market Hits New Low The persistent sell-offs in bellwether stocks pushed the nation’s equities market to 20 months low...
Emefiele to Unveil 2019 Monetary Policy Direction The Central Bank of Nigeria (CBN) Governor, Mr. Godwin Emefiele, will next week unfold the Bank’s plans for 2019...
FG Recorded N889.61bn Deficit in Nine Months — CBN Between January and September last year, the Federal Government recorded a fiscal deficit of N889.61bn in its...
Foreign Reserves Gain $6.42m in Three Weeks The nation’s foreign reserves rose by $6.418m from $$43.041bn in December 17, 2018 to $43.047bn as of January 9,...
2019: CBN to Raise N1.8tn From Treasury Bills Sale Q1 The Central Bank of Nigeria plans to raise a total of N1.809tn from the debt market,...
CBN Injects $263m, CNY39m into Retail SMIS The Central Bank of Nigeria on Friday, injected $263m into the Retail Secondary Market Intervention Sales, which was its...
Merger: Access Bank’s Share Price Drops by 32% The share price of Access Bank Plc has declined by 32.52 per cent since the bank confirmed its...