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CBN
Although there have been complaints that the interest rates being charged by some of these are too high, it has not stopped many Nigerians from patronizing them
This is according to Nigeria’s Integrated National Financing Framework (INFF) a report commissioned by the government
Nigerian banks parted with a sum of N838.82 billion in CRR debits from the CBN
The exchange rate has maintained a downward trend, following the move by the apex bank to raise the interest rate to a 20-year high of 15.5%, representing 150 basis points increase from the 14% stated at the previous MPC meeting
The Nigerian economy is suffering from a lack of foreign exchange as currency traders continue to complain about limited forex liquidity, forcing the local currency to decline more in the FX market
Equities market has sustained a bearish profile for four consecutive months since June this year.
With the hike in interest rates, the equities market will continue to be bearish, while yield will continue to rise until the rise in interest rates takes its full toll on the equities and debt market
The Securities and Exchange Commission has exposed new rules on Shariah Advisory Services for non-interest capital market products...
As the build-up to 2023 elections intensifies, volatility in the economy is taking a toll on stocks.
The CBN needs to change course if it wants to save the Naira.
The CBN recently increased its benchmark interest rate more than most analysts had anticipated, pushing it above 14%...
Nigeria’s Central Bank one-year treasury Bills rate for the month of September 2022 rose to 12%