Economy & Market
-
365Recapitalisation: 14 Banks Meet Requirement 6 Months to Deadline
The governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso has stated that about 14 banks have met the regulatory capital...
-
353Cheaper Credit Key to Turning CBN’s Rate Cut into Growth –NECA
The Director-General of the Nigeria Employers’ Consultative Association (NECA), Adewale-Smatt Oyerinde, has hailed the Central Bank of Nigeria’s (CBN) decision to cut...
-
888MPC Cuts the Policy Rate by 50bps to 27.0%
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) reduced the Monetary Policy Rate (MPR) by 50bps to 27.0%...
-
460Bears Extend Reign as ASI Down 0.4%
EQUITIES The local bourse closed today’s session on a negative note, as selloffs in GTCO (-3.2%), WAPCO (-4.0%), DANGSUGAR (-10.0%) and ACCESSCORP...
-
824Asian Stocks Pare Gains as China, Hong Kong Weaken
Asian equities came off session highs, swinging between modest gains and losses after benchmarks in Hong Kong and mainland China retreated. Shares...
-
918Bears Kickstart the Week as ASI Down 0.2%
EQUITIES The Nigerian equities market opened the week on a bearish note as losses in NB (-7.6%), UBA (-2.7%), and OANDO (-5.8%)...
-
1.3KCPPE: Cardoso-led CBN’s Bold Reforms Has Achieved FX Improved Liquidity, Transparency, Credibility
The Centre for the Promotion of Private Enterprise (CPPE) has declared that the leadership of the Central Bank of Nigeria (CBN) under...
-
938Asian Shares Rise as Japan Rallies, Dollar Gains
Asian shares rose following a Wall Street rally, with Japanese equities advancing after concerns about the Bank of Japan’s plan to offload...
-
1.3K
MPC Likely to Pivot to Policy Easing
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) is set to convene its next meeting on September 22nd...
-
903Capital Market Closes Weaker as ASI Down 0.29%
The market closed weaker in today’s session, as the NGX ASI and market capitalisation fell by 0.29%. Despite the decline, market activity...
