Tag: CBN

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Nigeria’s Fidelity Bank Plans Bond Issuance To Boost Lending

Nigeria’s Fidelity Bank Plans Bond Issuance To Boost Lending

Helped by the favourable domestic bond market conditions and sliding inflation that may encourage an eventual cut in Monetary Policy Rate by the Centr...
Investors Expect Reduced Profit Taking On Expected Payout, Q1 Earnings Surprises

Investors Expect Reduced Profit Taking On Expected Payout, Q1 Earnings Surprises

Nigeria equity market in the past week had a mixed performance to close marginally higher, while trying to resist further decline that had beclouded i...
Cashless Banking: CBN, NCC Seal Deal To Enhance Mobile Payments

Cashless Banking: CBN, NCC Seal Deal To Enhance Mobile Payments

As part of enhancing cashless banking operations in the country, the Central Bank of Nigeria (CBN), on Tuesday in Abuja sighed a Memorandum of Underst...
Nigeria’s Currency-In-Circulation Climbs N101.99bn Up In March

Nigeria’s Currency-In-Circulation Climbs N101.99bn Up In March

The Central Bank of Nigeria (CBN) on Tuesday published latest data on currency-in-circulation (outside of bank vaults) which grew by N101.99bn Month-o...
Abacha Loot: FG Received US$322.515m From Swiss Govt In Dec- Adeosun

Abacha Loot: FG Received US$322.515m From Swiss Govt In Dec- Adeosun

Nigeria’s Finance Minister, Mrs. Kemi Adeosun, on Tuesday said a total of US$322,515,931.83 as part of the recovered loot received into a Special Acco...
Fixed Income: $210m CBN Intervention Keeps Interbank Rate Stable

Fixed Income: $210m CBN Intervention Keeps Interbank Rate Stable

Interbank Nigeria's Interbank remained relatively stable at its previous rate of N305.60/$, as the Central Bank of Nigeria (CBN) intervened in the ...
How To Resolve Nigeria’s Power Sector Challenges- Experts

How To Resolve Nigeria’s Power Sector Challenges- Experts

Experts in the nation’s economy at the weekend in Lagos called for compromise to resolve the seeming bottlenecks that have kept Nigerians in darkness ...
NSE Rebounds, As Investors Position For Q1 Earnings, Data

NSE Rebounds, As Investors Position For Q1 Earnings, Data

The equity market on Thursday had a nice follow-through session, particularly early when the composite Nigerian Stock Exchange All Share index gapped...
Post-MPC: Investors Eyes On Q1 Earnings, GDP Data For Nigeria’s Economic Health

Post-MPC: Investors Eyes On Q1 Earnings, GDP Data For Nigeria’s Economic Health

At last, the Central Bank of Nigeria’s all-important Monetary Policy Committee (MPC) ended its first two-day meeting of the year Wednesday, with inves...
Caution On NSE, Amidst Sustained Decline Despite Earnings Season Peak

Caution On NSE, Amidst Sustained Decline Despite Earnings Season Peak

Mid-week's trading session on the Nigerian Stock Exchange (NSE) had a very hard roll over on the major support level to the downside, following throug...
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