Cadbury Nigeria Posts N766.4m Half-year Loss Cadbury Nigeria Plc has reported a pre-tax loss of N766.4m for the half-year ended June 2017. This was a worse...
MPC: FX Rate Crashes as Naira Appreciates Few hours after the CBN announced the outcome of its Monetary Policy Committee meeting, the exchange rate crashed at...
Monetary Policy Committee Leaves Rate Unchanged at 14% The Nigerian monetary policy committee left interest rate unchanged on Tuesday. The committee led by the Central Bank...
Equities Market Gains N810bn to Hit N11.945tn on 13-day Rally The Nigerian equities gained N810 billion in capitalisation following a bull run for 13 trading days....
CBN Sells $195m Ahead of MPC Decisions Ahead of the decisions of the Monetary Policy Committee on Tuesday, the Central Bank of Nigeria on Monday boosted...
FG Serves Forfeiture Order on Banks The Federal Government has served seven banks with the order of the Federal High Court in Lagos directing a temporary...
Stock Market Hits Two-year High, Soars by N218bn The nation’s bourse recorded its highest return in over two years on Monday, as the Nigerian Stock Exchange...
CBN Returns N51.9bn Illegal Deductions to Bank Customers The Central Bank of Nigeria has said that it has recovered over N51.9bn illegally deducted by commercial banks...
CBN Sells TBs Above Inflation to Attract FX Flows The Central Bank of Nigeria has offered six and 12-month Treasuries at yields higher than the country’s...
Debt Servicing Gulped N7.88tn in Five Years The Federal Government spent $25.82bn to service its debts between 2012 and 2016, the Debt Management Office has said....
