Finance
CBN cuts interest rate to 13.5%, seeks GDP rebasing –
The Monetary Policy Committee of the Central Bank of Nigeria on Tuesday reduced the Monetary Policy Rate, also known as...
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Nigeria’s Economy: Experts forecast positive indicators
Reports from the National Bureau of Statistics, indicates that Nigeria’s headline inflation printed largely flat from a month ago (0.73%...
Read moreNigeria records $2.8m balance of payment surplus last 2018
Nigeria’s provisional balance of payment, which was in deficit in the third quarter of 2018, recorded a surplus of $2.8m...
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Money Market report.
The overnight lending rate moderated by 733 bps w/w to close at 10.08%, amidst inflows from (1) matured OMO bills...
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Financial Market weekly report
The Central Bank of Nigeria (CBN) intervened through its periodic supply of United States (US) Dollars in the Foriegn Exchange...
Read moreCBN disburses N596bn to Farmers
A total of N596.44 billion has been released by the Central Bank of Nigeria to Farmers under the Commercial Agriculture...
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Bankers prospect Creative Industry, IT sector for investment opportunities
In an effort to foster economic growth and youth employment in Nigeria, the Bakers’ Committee, a body of the Central...
Read moreHigh Inflation rate, Unemployment, influencing slow economic growth rate
Private sector operators under the aegis of the Nigerian-American Chamber of Commerce (NACC), have described the need for improved governance...
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Federal government to auction N150 billion bonds on January 30
The Director General Debt Management Office (DMO) Patience Oniha, says the Federal Government is to auction by subscription N150 billion...
Read moreCBN to introduce tougher capital requirements for banks
The Central Bank of Nigeria (CBN) said it will introduce new capital requirements for banks in the second quarter of...
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