CBN holds MPR at 13.5%, other parameters amidst recession concerns

Banks' stakeholders express 4 main concerns bothering the sector right now, CBN, MARKET UPDATE: CBN’s historic agriculture lending; Is it yielding the desired results?

The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has held the Monetary Policy Rate (MPR) constant ...

Ecobank Group records 32% growth in PAT of N146.5 billion for 2019

by NM Partners

March 24, 2020

Ecobank Transnational Incorporated (ETI) has recorded a 32% growth in profit before tax of NGN146.5 billion for 2019 financial year.

Tweak of exchange rates: A bold move from CBN?

by CSL Stockbrokers

March 24, 2020

The Central Bank of Nigeria (CBN) on Friday moved the official exchange rate from N307/US$1 to N360/US$1.

diaspora remittances, Total credit to the economy rose to N19.54trillion – CBN Governor, CRR debits, P-AADS, #EndSARS: CBN says funds in frozen accounts may be linked to terrorist activities, Covid-19: Court closures impacted revenue generation for courts - Emefiele, P&ID dispute: UK Court orders $200 million guarantee to FG, Leaked letter by Poultry Farmers Association triggered CBN emergency approval to import maize, nImplications of CBN's latest devaluation and FX unification, current account deficit, IMF, COVID-19, CBN OMO ban could give stocks a much-needed boost , CBN’s N132.56 billion T-bills auction records oversubscription by 327% , Nigeria pays $1.09 billion to service external debt in 9 months , Implications of the new CBN stance on treasury bill sale to individuals, Digital technology and blockchain altering conventional banking models - Emefiele , Increasing food prices might erase chances of CBN cutting interest rate , Customer complaint against excess/unauthorized charges hits 1, 612 - CBN , CBN moves to reduce cassava derivatives import worth $600 million , Invest in infrastructural development - CBN Governor admonishes investors , Credit to government declines, as Credit to private sector hits N25.8 trillion, CBN sets N10 billion minimum capital for Mortgage firms, CBN sets N10 billion minimum capital for Mortgage firms , Why you should be worried about the latest drop in external reserves, CBN, Alert: CBN issues N847.4 billion treasury bills for Q1 2020 , PMI: Nigeria’s manufacturing sector gains momentum in November, CBN warns high foreign credits could collapse Nigeria’s economy, predicts high poverty, MPC Member, BVN, Fitch, Foreign excchange (Forex), Overnight rates crash after CBN’s N1.4 trillion deduction, Nigeria’s foreign reserves hit $36.57 billion; Emefiele keeps his word on defending the naira, CBN to support maize farmers, projects 12.5 million metric tons in 18 months, BREAKING: CBN Upscales Greenwich Trust Limited, grants it's operational license for merchant banking, AGSMEIS: CBN expand beneficiaries to 14,638., CBN expands access to mortgage financing

CBN pays $4.45 billion external debt to World Bank, others in 2-month

by Bamidele Samuel Adesoji

March 24, 2020

Latest data obtained from the CBN reveals that Nigeria paid a whopping sum of $4.45 billion as external debt service/payment ...

EFG Hermes concludes advisory Al Habib Group’s $700 million IPO on Tadawul

EFG Hermes concludes advisory on Al Habib Group’s $700 million IPO

by NM Partners

March 24, 2020

EFG Hermes announced that its investment banking team had successfully completed advisory on Dr Sulaiman Al Habib Group’s SAR 2.63 ...

NDDC, Cash transfer, President Buhari, non-oil Exports, oil revenue, export revenue, FG Waives import duties for medical supplies, Orders Customs to expedite clearing, Presidency faults report on Kyari as Buhari didn’t cancel memos, appointments approved by him

The good, bad and ugly of low oil prices for Nigeria

by Olumide Adesina

March 24, 2020

Diversification of Nigeria’s economy is believed to be the only viable way to survive the current environment of global economic ...

Nigerian stock exchange, All share index, Nigerian bourse, Investors, Bulls gather momentum ASI up 0.48%, gained N55.3 billion, Dangote ,MTN & Gtbank hit a home run as Nigeria’s bourse continues bullish momentum

Nigeria’s bourse in a free-fall, Investors lose N259.23 billion

by Olumide Adesina

March 23, 2020

The Nigerian bourse opened the week on a negative note as the Nigerian Stock Exchange's All Share Index sank further ...

Compex Africa: Unveiling Africa’s first online marketplace for business

by NM Partners

March 23, 2020

SFS Group, a leading and proficient financial services firm., has launched Compex Africa. an online marketplace for the buying and ...

Oil Price Crash: Governors to meet on budgetary and economic issues, Insecurity: Governors to meet on Wednesday over rising insecurity

Oil Price Crash: Governors to meet over budget, other economic issues

by Chidinma Nwagbara

March 23, 2020

State governors, under the auspices of NGF, will meet will on Wednesday, March 25, 2020, to brainstorm on the economic ...

CBN, Bankers committee back N3.5 trillion stimulus package for Nigeria

by Research Team

March 21, 2020

The Central Bank of Nigeria and the bankers' committee have agreed to back a N3.5 trillion stimulus package for the ...

Tag: Nigerian Business News