CBN Moves to Achieve 80% Financial Inclusion Target National Financial inclusion stakeholders in Nigeria, led by the Central Bank of Nigeria, plan to converge for the...
Banks to Lose 18-month Interest on Marketers’ Subsidy Debts The Central Bank of Nigeria has asked Deposit Money Banks to forgo the interest charged on petrol...
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,...
