Interbank Rates Rise as CBN Sells Treasury Bills The Central Bank of Nigeria (CBN) sold about N283 billion ($877.11 million) worth of treasury bills to mop...
Investors Lose N432bn as Stocks Value Drops The value of shares held by investors in the Nigerian capital market (equities category) fell by N432bn in the...
Naira May Record Gain Next Week The naira is expected to stabilise on the parallel market after international money transfer agencies started selling dollars to Bureau...
Travelex to Commence Sales of Forex to BDCs Today Travelex, an international money transfer agent, will commence the sales of forex to the 3,000 registered Bureaux...
NSE Capitalisation Dips by N92bn in One Day The market capitalisation of the Nigerian Stock Exchange dropped by N92bn at the close of trading on the...
Bad Loans Rising, Dollar Scarcity to Continue The scarcity of foreign exchange will remain challenging in the second half of 2016 due to low oil prices,...
The Federal Government is planning to borrow N105bn ($345m) in local currency — denominated bonds at an auction on October 12, the Debt Management Office has...
FG Plans N6.8tn Budget for 2017 The Federal Government plans to spend an estimated N6.812tn as its budget for 2017. The figure is about 13.3 per...
Nigerian Stock Exchange Dips N27.4 bn in September The Nigerian stock exchange market declined by N274 billion in the month of September to N9.733 trillion from...
The Central Bank of Nigeria is planning to borrow N129.67bn ($403.01m) in short-dated Treasury bills at an auction on Wednesday. The CBN said it would raise...
