Finance & Economy
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Investors Lose N24.59bn as NGXASI Depreciates by 0.09%; Overnight Rate Contracts to Close at 10.17%; BDC Rate Appreciates to N750
1.1 NGX – Listed Equities Nigerian Equities Market closed negative as the key market indicator declined by 63.01 bps amid positive market breadth.…
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CBN MPC Raises MPR to 17.50% at the End of January 2023 MPC Meeting
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria has today concluded its two-day meeting for January 2023.…
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Emefiele,CBN AND OUR FUTURE
By Reuben Abati At some point later today, January 24, the Governor of the Central Bank of Nigeria, Godwin Emefiele…
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CBN Launches Cash Swap Programme in Rural and Underserved Areas
In furtherance of its Naira Redesign policy, the Central Bank of Nigeria (CBN) has sustained its nationwide awareness/sensitization programmes, enforced…
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NACCIMA fears worsening inflation
The Director-General of the Nigerian Association of Chambers of Commerce, Industry, Mining and Agriculture, Sola Obadimu, has said that Nigeria’s…
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FBN HOLDINGS PLC
Broad improvements likely to persist in FY’23Analysts are encouraged by FBNH’s notable milestones in 2022: 1) achieved an NPL ratio of 4.7% in 9M’22, below the…
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Nigerian Banking Sector 2023 Outlook – Foraging for Value
Given the heightened volatility across financial markets, driven by geopolitical developments and monetary policy responses to inflation and currency pressures,…
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New naira will curb corruption, inflation, CBN insists
The Central Bank of Nigeria has expressed assurance that the new naira notes will circulate to every nook and cranny…
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Access Bank Discontinues the Acquisition of Kenya’s Sidian Bank
Access bank in a bid to explore ways to expand its footprint in Kenya sought to acquire the entire 83.4%…
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CBN Introduces Unified ATM Cards from Monday 16th January 2023 
The Central Bank of Nigeria (CBN), in line with its mandate, to promote stability, inclusion, and growth in the financial…
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