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The apex bank may have just recognised the impact leaving rates stable will have on Nigeria’s ability to attract foreign demand for its bonds.
The exchange rate between the naira and the US dollar closed at N419/$1 at the Investors and Exporters (I&E) window, where forex is traded officially.
The Central Bank of Nigeria agreed to leave interest rates for its development finance actives or intervention funds...
The MPC has voted unanimously to raise the benchmark interest rate to 13% after over two years of expansionary monetary policy.
Ten top dealing firms in the Nigerian capital market closed the first four months of the year with an exchange of 39.793 billion shares worth N579.450 billion.
The Nigerian telecommunication sector has raised the bar further high, with a stellar 14.5% year-on-year growth in real terms.
Manufacturing sector grew by 5.89% (year-on-year) in real terms in Q1 2022, an increase of 3.61% points from the preceding quarter...
Nigeria’s Gross Domestic Product (GDP) grew by 3.11% (year-on-year) in real terms in the first quarter of 2022...
The price of yam tuber rose significantly across markets in Lagos State, recording a 66.4% price increase in the space of two weeks.
KNC, in what was a very bearish week, still managed to post over 60% of gains for the week, pushing its capitalization closer to $500 million.
The combined market capitalization of stocks worth over one trillion (SWOOTs) depreciated by 0.12% to close at N20.37 trillion...
Telcos are expected to contribute 1kobo per second to pay for healthcare for the vulnerable.