N234bn Paris Club refund improves market liquidity as interbank rates trend below policy rate at 5.25%
Nigeria’s money market rates, in particular, interbank overnight rates, fell week-on-week by over 900 basis points to 5.25 percent
Zenith, UBA, Sterling lead in Nigeria commercial agriculture financing with 48% disbursement under CACS
As at May 22, 2017, the total amount released to participating banks since inception by the Central Bank of Nigeria (CBN) under the
Nigeria money market assets spike 1.6% in May on increased government bonds, commercial papers
Nigeria government’s continued recourse to local debt market to finance its expenditure led to a 1.6 percent spike in money
Nigeria’s non-oil revenues already below budget, say analysts
Analysts at FBNQuest have raised the alarm that non-oil revenues for the prosecution of the 2017 budget are already running below
CBN injects $142.5m into forex market
The Central Bank of Nigeria (CBN) on Monday injected 142.5 million dollars into the inter-bank foreign exchange, days after
Yields from fixed income market help contributory pension assets grow 16% in 2016
Nigeria’s pension industry’s assets under management bucked all micro-economic headwinds thrown at it in 2016 and grew to
Long rough road still ahead for Nigeria naira, says EIU
*Central bank can’t keep a hard peg on currency… The Economist Intelligence Unit (EIU), a member of The Economist Group, is
Etisalat gives timeline on resolution of debts to banks, restructuring
The new management team at Etisalat Nigeria has given a timeline of between three to six months to resolve the lingering
Joseph Nnanna named new chairman of Etisalat Nigeria
The Deputy Governor of CBN on Financial System Stability was announced the new chairman of Etisalat Nigeria in a press release by the
Credit in short supply in Nigeria as private sector lending represent paltry 22% of GDP
Though data from the Central Bank of Nigeria (CBN) highlight an increase of 19.4 percent in credit to the national economy