Nigeria’s inflation to ease in Q2 ’24, say analysts at Cowry Asset
Post AMUGE
April 23, 2024
ONOME AMUGE & JOY AGWUNOBI IN LAGOS, NIGERIA The first quarter of 2024 will be remembered as a turbulent period in Nigeria’s
T-bills appetite expands as secondary market goes bullish
Charles AbuedeSeptember 14, 2020
Charles Abuede OPEN BUY BACK (OBB) and Overnight (OVN) money rates opened last week at 1.4 per cent and 2.3 per cent respectively from
Dollar rebounds from two-year trough on Fed view
Aderemi OjekunleAugust 20, 2020
The dollar consolidated gains on Thursday after less dovish than expected minutes from last month’s U.S. Federal Reserve policy
Fitch warns CRR will crash banks’ returns
Aderemi OjekunleAugust 17, 2020
BY:Moses olajuwon Obajemu Fitch Ratings has sounded the alarm that the cash reserve ratio (CRR) policy being implemented by the
NDIC assures depositors of defunct Fortis MFB of getting their insured funds
Aderemi OjekunleAugust 17, 2020
BY: Moses olajuwon Obajemu The Nigeria Deposit Insurance Corporation (NDIC) yesterday vowed to protect the interest of
Forex scarcity sends naira crashing, now N472/$ at parallel market
Businessam StaffJuly 29, 2020
Foreign exchange scarcity has triggered further fall of the naira in the parallel market where it now exchanges at N472 to a dollar on
Banks write off N1.9tr bad loans — Agusto Ratings
Businessam StaffJuly 27, 2020
Loans totaling N1.9 trillion considered to be bad loans were written off by banks in the country in the last four years, a report by
As pandemic lockdown eases, money in circulation falls to N2.29tn
Businessam StaffJuly 9, 2020
Nigeria’s stock of money in circulation stood at N2.29 trillion at the end of June 2020, representing a decline of N52.5bn from
How wearing face mask can cause your ATM transactions to fail– Banks
Businessam StaffJuly 9, 2020
In this era of the Coronavirus pandemic, wearing a face mask may cause bank customers unable to withdraw money from their accounts
FMDQ lists N23bn debt Securities in move to deepen financial market
Businessam StaffJune 23, 2020
In a move to deepen the Nigerian financial system and provide more investment instruments for investors, FMDQ Securities Exchange