Fitch raises banks’ foreign currency loan risk to 130%
Fitch Ratings Inc., one of the world’s big three credit rating agencies, has said that its recent stress test on Nigerian banks
N176bn Nigeria treasury bills auction tests investors’ reaction to monetary easing expectation
Treasury bills with a total value of N176 billion with varying tenors are being put up for auction by Nigeria’s central bank
Nigerian banks credit expansion outlook positive as yield on fixed income instruments fall
Financial analysts say there could be likely improvements in credit expansion by Nigerian banks in the near to medium as yield on
Nigeria bond market bearish as yields fell marginally 5bps
The bond market remained slightly bearish Wednesday, with significant sell witnessed on the 2020 bond, which rose by 52 basis points
Nigeria’s independent currency traders’ chief talks up benefits of return to JP Morgan index
Aminu Gwadabe, the acting president of Nigeria’s independent currency traders association, ABCON, Saturday talked up what he
Nigeria central bank hints of possible rate cut in H2 2018 on easing inflation
Godwin Emefiele, Nigeria’s central bank governor indicated Wednesday, January 24, 2018 that there could be an interest rate cut before
Nigeria’s central bank boosts forex market with $210m
The Central Bank of Nigeria (CBN) Monday boosted the inter-bank foreign exchange market with the sum of $210 million to meet
NCC, CBN set deadline for 9mobile takeover bid
Nigerian Communications Commission (NCC) alongside the central bank have set a Jan. 16 deadline for receipt of binding offers from
Nigeria’s FX reserves up 10% in November- CBN
Nigeria’s foreign exchange reserves stood at $37.92 billion as of Dec. 22, up 10.1 percent from a month earlier, central bank data
Nigeria’s central bank to auction N117bn treasury bills Nov 30
Nigeria plans to sell N117.17 billion worth of treasury bills at an auction on Thursday, Nov. 30, according to the Central Bank of