Despite various policies implemented by the Central Bank aimed at halting the currency’s devaluation, the exchange rate between the naira […]
Category: Banking & Finance
Forex: CBN rolls out new guidelines for IOCs
The Central Bank of Nigeria (CBN) has issued fresh guidelines on remittance of proceeds of crude exports by International Oil […]
Equity market gains N329bn
Domestic equity market Thursday sustained bullish trend, appreciating by N329 billion. Market capitalisation of listed equities increased by 0.58 per […]
Local equity market sheds N184bn
Trading activities on the floor of Nigerian Exchange Tuesday ended bearish, shedding N184 billion. Market capitalisation of listed equities […]
Access Holdings appoints Bolaji Agbede Acting GCEO
Access Holdings Plc on Monday announced the appointment of Ms. Bolaji Agbede as the Acting Group Chief Executive Officer. This […]
FX market reforms will improve Naira value – CBN
The Central Bank of Nigeria (CBN) has expressed optimism that the reforms it has implemented in the foreign exchange market […]
Interest rates to rise as CBN raises N1trn in Treasury Bill auction
Sources involved in forex reforms at the Central Bank of Nigeria have indicated that the Monetary Policy Committee (MPC) is […]
Equity market sheds N1bn
Trading activities on the floor of Nigerian Exchange on Wednesday depreciated by N1 billion as bears dominated in the market. […]
Forex crisis: CBN does not produce foreign exchange –Cardoso
The Governor of the Central Bank of Nigeria (CBN) has said that Nigerians should not blame the apex bank for […]
Again domestic equities sheds N850bn
The local equity market Tuesday sustained declining profile, shedding N850 billion as declined in the shares of BuaCement, FBNHoldings, Nigerian […]