Economy & Market
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119Stock Market Opens Week Bullish as ASI Up 0.4%
EQUITIES The local bourse commenced the week on a bullish note as gains in BUACEMENT (+2.6%), STANBIC (+9.7%), GTCO (+3.7%) and DANGSUGAR (+10.0%) drove...
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48Banks Deposit with CBN Slumps to ₦92.32tr on MPR Cut
Following the reduction in the Monetary Policy Rate (MPR) to 26.50 per cent from 27 per cent by the Monetary Policy Committee...
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117CBN Issues New Directives on Bank Charges
The Central Bank of Nigeria has scrapped card maintenance fees, directing banks not to charge any maintenance fee on naira-denominated debit or...
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197Nigeria’s Economy Contracted in April, Fell to 49.4 –CBN
According to a Central Bank of Nigeria report released yesterday, business activity dropped to 49.4 on the Purchasing Managers’ Index scale, which...
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255Afreximbank Funds Three New Nigerian Refineries
The Senior Executive Vice President of African Export-Import Bank, Denys Denya, has said the bank is financing three additional refineries in Nigeria...
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227Diaspora Inflows now Strategic FX Pillar for Nigeria –CBN
Central Bank of Nigeria (CBN) Governor, Olayemi Cardoso, has recast diaspora remittances as a strategic pillar of Nigeria’s foreign exchange stability, saying...
