NASI Sheds 0.77% as MPC Holds Rates The Nigerian Equities market closed under water Week-on-Week, declining by 0.77% to bring the Year-to-Date return to -5.28%. However,...
CBN Offers One-year TB Above Inflation Rate The Central Bank of Nigeria on Thursday said it sold one-year treasury notes at 18.69 per cent, above inflation...
FG to Establish Niger Delta Development Bank The federal government is working towards the establishment of a Niger Delta Development Bank to speed up the development...
External Reserves Drop for First Time Since December The nation’s foreign exchange reserves, which had increased significantly in recent months to hit the $30bn mark, fell...
Senate Approves $500m Eurobond to Fund 2016 Budget Deficit The Senate on Wednesday approved President Muhammadu’s Buhari request for $500m Eurobond in the International Capital Market...
FG, States, LGs Share N429bn for February A total of N429.127 billion has been distributed as federal allocation for the month of February 2017 to federal...
CBN Says Banks Becoming Less Resilient, Retains key Rates The Monetary Policy Committee of the Central Bank of Nigeria on Tuesday said that the adverse macroeconomic...
Equities Market Goes Bearish as MPC Retains Rates The Nigerian equities market shed N39bn on Tuesday as the Monetary Policy Committee of the Central bank of...
MPC Retains Benchmark Lending Rate at 14 Percent The Monetary Policy Committee of the Central Bank of Nigeria on Tuesday retained the Monetary Policy Rate at...
Government Gives Fresh Conditions for Release of Paris Club Funds The Federal Ministry of Finance yesterday listed fresh conditions for the release of the Paris Club...
