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GCR Upgrades Rand Merchant Bank Nigeria Rating to AA GCR Ratings (GCR) has upgraded Rand Merchant Bank Nigeria Limited’s (RMBN) national scale long-term issuer…
Severe inflationary pressures caused an intensification of the downturn in the Nigerian private sector at the start of the final quarter of the year, according to Stanbic IBTC purchasing manager index released by S&P Global.
FG Releases Funds for Payment of NASU, Retirees’ Entitlements The Federal Government (FG) has released…
Russia Fines Google $2.5 Decillion Over YouTube Bans Russia has fined Google a world record-breaking…
Stable liquidity balance in the financial system kept movement of money market rates in check.
The naira falls again, albeit slightly in the foreign exchange (FX) market, as data showed that inflows dipped. Demand for foreign currency increased in the forex market amidst subdued liquidity.
The Nigerian Exchange (NGX) market capitalisation lost by more than N21 billion due to sell pressure on MTN Nigeria, PZ Cussons and Jaiz Bank among others.