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CBN forecasts 3% GDP growth, to mop up mutilated banknotes

The Central Bank of Nigeria said contrary to the prediction of Nigeria Governors’ Forum that the country could go into recession in 2020, the...

Bargain hunting to lift equities this week.

After closing in the red, analysts have said that the equities market will trend up this week following bargain hunting activities by investors. Though the...

Investors lose N713bn in April as stock market tumbles.

Investors in the nation’s stock market lost N713bn in April as the stock market declined further, recording a N135bn loss on Tuesday. The stock market...

CBN set to launch clean note policy tomorrow.

The CBN will tomorrow launch the Clean Note policy and the Bank Fitness guidelines.   In a statement announcing the launch, the CBN said: “The Clean...

Naira in mixed performance as I&E turnover fall by 63%.

The naira last week recorded mixed performance in the foreign exchange market even as the volume of dollars traded in the Investors and Exporters...

CBN to sustain liquidity mop up as N172bn hits interbank market.

The Central Bank of Nigeria, CBN, is expected to sustain its liquidity mop up activities this week in response to inflow of N172 billion...

CBN introduces special intervention fund for Micro Finance Banks.

The Central Bank of Nigeria (CBN) has introduced a special intervention fund for microfinance banks (MFBs) in the country, even as it assured that...

Nigeria’ll benefit from refinery closures in Europe – NNPC

The projected closures of some refineries in advanced economies imply that there will likely be a relocation of refining operations from those countries to...

Mutilated naira notes: CBN introduces clean note policy.

Two prominent title holders from  Bade Emirate in Yobe and kinsmen of Senator Ahmed Lawan have appealed to Senators Ali Ndume and Danjuma Goje,...

Stock investors gain N7.9bn as market reverses losses.

Investors in the nation’s stock market gained N7.9bn on Thursday as the market reversed losses. The market capitalisation of equities listed on the Nigerian Stock...
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