Money market

Nigerians abandoned 300,000 bank accounts in the first quarter of  2020 (Q1’20) even as the number of current accounts operated...

The National Insurance Commission (NAICOM) has placed one of the oldest listed insurance companies, Niger Insurance Plc, under watch. After...

The naira will experience more pressure due to slump in the crude oil prices, as the economy grapples with challenges...

The Central Bank of Nigeria (CBN) offered a total of N95.681 billion debt instrument at its Nigerian treasury bills primary...

ABCON advises forex users to shun street traders The Central Bank of Nigeria has granted a two week market holidays...

Banks in the country have urged their customers to utilise their digital self-service solutions because of the coronavirus affecting different...

Zenith Bank has pegged the monthly international withdrawal limit on naira cards at $1,000 per month. In a mail to...

Bonds held onto gains on Wednesday after the U.S. Federal Reserve’s surprise 50 basis point interest rate cut, part of...

Adesola Afolabi Asides infusing more confidence to foreign portfolio investors and foreign direct investors, the recently launched long-dated foreign exchange...

The interest rates on treasury bills witnessed an appreciation at the primary market auction, which took place on Wednesday. Stop...