Stock Market: Foreign Transactions Drop by N66.24bn The Nigerian Stock Exchange recorded a decline of N66.24bn in foreign portfolio transactions last month amid political uncertainties and...
CBN Pumps $543m, CNY 63m Into Forex Market The Central Bank of Nigeria (CBN) has injected $543.22 million and Chinese Yuan (CNY) 63.21 million into the...
CBN’s 9% Credit Policy Excites Farmers Farmers have applauded the nine per cent interest rate credit policy of the Central Bank of Nigeria (CBN) to the...
NSE Market Capitalisation Drops by N458bn The market capitalisation of equities listed on the Nigerian Stock Exchange declined by N458bn within 19 days of trading. The...
External Reserves Drop by $990m in Three Weeks The nation’s foreign exchange reserves have fallen by $990.98m this month, latest data from the Central Bank of...
Cement, Healthcare Companies to Raise N240b New Capital The country’s largest cement and healthcare manufacturing companies are planning to raise N240 billion new capital to grow...
Banks Suspend BDCs’ Accounts Over Taxes Banks are shutting down Bureau De Change (BDC) accounts over the demand that the operators pay taxes on their transactions...
Investors Gain N198bn as 11 Stocks Appreciate Investors in the nation’s equities market on Thursday recorded N198bn increase in their holdings at the close of trading...
CBN Pegs Maximum Credit Facility to Agric, Manufacturing at N10bn The Central Bank of Nigeria has released the guidelines for accessing the Real Sector Support Facility...
Mining Ministry Accesses N15b Intervention Fund The Ministry of Mines and Steel Development has accessed N15 billion from the N30 billion Mining Intervention Fund, the Minister...