Equities Market Defies Profit Taking, Gains N188bn The Nigerian equities market remained bullish last week on continuing positive investor sentiments, which lifted the market capitalisation by...
RMB Nigeria Unveils N80bn Commercial Paper Rand Merchant Bank Nigeria Limited has received approval from FMDQ OTC Securities Exchange to register its N80bn commercial paper programme...
Capital Budget Implementation Raises Concerns on Inflation As disbursements for the capital projects would begin in earnest following the signing of the 2017 budget into law...
Housing: CBN to Empower Microfinance Banks With $15m The Central Bank of Nigeria has revealed plans to strengthen some microfinance banks across the country and build...
Dispora Nigerians Remit $18.97bn in 2016 – UN Report Nigerian migrant workers sent back home $18.956bn as remittances, a figure which indicated a 5.2 percent growth...
EU Approves €143m Package for North-east The European Union (EU) Commission has announced a support package of €143 million to help the early recovery and reconstruction...
Naira to Gain Further on Stock Purchases The naira is expected to strengthen against the United States dollar in the coming week as offshore investors pile...
Recession Drags Down Julius Berger’s Profit by 256% The Nigerian arm of the global construction giant, Julius Berger Plc, on Thursday announced that it recorded a...
CBN to Mop up N200bn from Circulation The Central Bank of Nigeria, in a bid to check inflation in the country, has unveiled plans to mop...
Transactions on FX Investor Window Hit $2.2bn The Central Bank of Nigeria on Thursday said its new currency window for investors had handled $2.2bn of trade...
