Domestic equity market Wednesday rebounded, gaining N165 billion as gains recorded by BuaCement, FBNHoldings, UBA, Juli Pharmaceutical lifted activities in […]
Category: Banking & Finance
Capital Importation: Citibank leads with $1.03b as Stanbic IBTC nears with $919.3m, says CIR Report
Citibank, Stanbic IBTC and First Bank Plc are top on the list of foreign investment attraction to the country, […]
Equity market sheds N1.82 trn
The nation’s equity market on Monday closed bearish, shedding N1.821 trillion as losses recorded in the shares of MTN Nigeria, […]
Despite CBN’s policies, exchange rate approaches N1,700/$1
Despite various policies implemented by the Central Bank aimed at halting the currency’s devaluation, the exchange rate between the naira […]
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 […]