Browsing: Finance
CBN Raises N1.2trn from OMO, Treasury Bills Auctions The Central Bank of Nigeria (CBN) raised N1.2 trillion from its open…
Rates Soar as Banks Borrow N1.8trn from CBN to Fund Operations The interbank rates soared in the money market as…
Fitch Affirms Ecobank Transnational Inc. at ‘B-‘ with Stable Outlook Fitch Ratings has affirmed Ecobank Transnational Incorporated’s (ETI) Long-Term Issuer…
Economic Uncertainties Temper Corporate Real Credit Growth With a struggling private sector, Nigeria’s macroeconomic dislocation has tempered real credit growth…
The International Finance Cooperation (IFC), a member of the World Bank Group, and the Central Bank of Nigeria (CBN) have signed an agreement to increase local currency financing.
Naira Appreciates Slightly as FX Liquidity Shortage Eased The naira exchange rate improved slightly in the forex market amidst rumour,…
It has been long since the equities market witnessed an impactful dividend surprise by a banking group until UBA Group played a fresh dividend payment card that put its rivals into checkmate.
Money Market Rates Rise Sharply as OMO Debit Drags Liquidity The short-term benchmark interest rates increased sharply in the money…
Equities Investors Gain N1.85T Ahead of Earnings Festival
The International Monetary Fund (IMF) says it is playing an active role in mediating the debt debacle facing some countries.