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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…
Equities investors recorded about N241 billion as gain on the Nigerian Exchange (NGX) on the back of sustained buying interest in stocks with upside potentials.
Investors increased their bets on naira assets in the financial markets as the Central Bank of Nigeria (CBN) hiked the benchmark interest rate ahead of its primary market auction.
Sustained demand for UBA, Access Holdings, and Nigerian 3-F banks (FBNH, FCMB, and Fidelity Bank) heated up the banking index as the Nigerian Exchange gained further.
The Federal Government has approved the revision of the Consolidated Public Service Salary Structure (CONPSS) with effect from July 24.
In the forex market, the shortage of US dollars continues to keep the naira exchange rate at an edge.
Nigerian Big Balance Sheet Banks Rise by N145bn to N5.079Trn A strong buy side activities…