Thursday, June 18, 2026
Equities generate N22.76bn turnover in one week
Equities listed on the Nigerian Stock Exchange generated a total turnover of 1.237 billion shares worth N22.76bn in 21,156 deals...
Read moreDetailsBank profitability faces pressure from higher CRR, say analysts
By Moses Obajemu & Adesola Afolabi Fear possible spike in interest rates Financial experts and economic analysts have...
Read moreDetailsCRR increment to 27.5% balances the odds to rising inflation, says experts
…as MPC urges FG to fix ‘structural impediments’ to growth Adesola Afolabi The decision taken by members of the...
Read moreDetailsLagos ports congestion: NPA orders diversion of ships to eastern ports
By Samson Echenim Following congestion at seaports in Lagos that has lasted for over two months, the Nigerian Ports Authority...
Read moreDetailsCBN increases banks’ Cash Reserves Ratio to 27.5%
The Monetary Policy Committee of the Central Bank of Nigeria on Friday altered the Cash Reserves Ratio from 22.5 per...
Read moreDetailsFG suspends salaries of tertiary institutions’ workers not on IPPIS
The federal government has suspended the release of the funds for the payment of salaries of workers of tertiary institutions...
Read moreDetailsFG to borrow N2tn from N10tn pension fund
The National Economic Council (NEC) Thursday in Abuja announced the resolve of the federal government to borrow N2 trillion from...
Read moreDetailsOil prices rise despite impact of China virus on fuel demand haunting the market
Oil prices climbed on Friday, following a drawdown in U.S. crude stocks, but were set to fall heavily for the...
Read moreDetailsCabotage fund hits N72.4bn as FG sets up disbursement c’ttee
By Samson Echenim Nigeria's Cabotage Vessels Financing Fund (CVFF) has reached $200 million (about N72.4 billion), Rotimi Amaechi, minister of...
Read moreDetailsFutures point to lower on worsening China virus concerns, mixed earnings
US stock index futures edged lower on Thursday on rising worries over the coronavirus outbreak in China that prompted a...
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