Finance & Economy
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DANGOTE LISTS N300B SERIES 1 AND 2 LARGEST BONDS ON NGX, FMDQ
Dangote Industries Limited (DIL) has formally listed its N300 billion Series 1 and 2 bonds issued under the Dangote Industries…
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OFFICIAL STATEMENT
Our attention has been drawn to a sponsored sensational report by some online publications on a charge brought against the…
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Investors Lose N622bn as NGXASI Declines by 2.08%; Overnight Rate Contracts to 17.13%; BDC Rate Closes Flat at N745
Nigerian Equities Market closed negative as the key market indicator declined by 31.55 bps amid negative market breadth. The NGX…
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Rate hikes ineffective against inflation, LCCI tells CBN
The Lagos Chamber of Commerce and Industry has called on the Central Bank of Nigeria to explore viable options to…
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Government Borrows N203.36bn More at March Bond Auction as Subscription Remains High
Notwithstanding the negative real return, rising inflation expectations, and monetary tightening, the demand for long-dated government instruments has stayed strong.…
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Higher MPR Raises Growth Concerns as Subsidy Fails to Keep Petrol Prices in Check
Further Rate Hikes Likely to Affect Real GDP Growth in 2023 as Economists Mull Unemployment Effects The Monetary Policy Committee…
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More Naira notes as banks get old notes deposited with CBN today
Reliable sources in the CBN said banks have been instructed to collect the old Naira noted they deposited in CBN…
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CBN Raises Policy Rate to 18%
–As Analysts Fret over Growth Nigeria’s Central Bank (CBN) has opted to stay hawkish as it confronts domestic inflation by…
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At Last , Emefiele bows to pressure, says old naira notes legal tender
Exactly 10 days after the Supreme Court judgement mandating the use of old N,1000 and N500 notes as legal tender…
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How does a bank collapse in 48 hours? A timeline of the SVB fall
Silicon Valley Bank, facing a sudden bank run and capital crisis, collapsed Friday morning and was taken over by federal…
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