By Dipo Olowookere The Central Bank of Nigeria (CBN) sold a total of $989.6 million to importers and retail customers in January with commercial banks allocating...
By Dipo Olowookere Federal Government has allotted N702 billion to the Nigeria Bulk Electricity Trading (NBET) as power payment guarantee support. This is in recognition of...
By Dipo Olowookere Nigeria’s overnight interbank lending rate, Reuters says, reached 16 percent on Friday from about 13 percent it recorded at the end of last...
By Modupe Gbadeyanka On Friday, the Debt Management Office (DMO) listed the $1 billion Federal Government’s Eurobond on the FMDQ OTC Securities Exchange. The $1 billion...
By Modupe Gbadeyanka Oil companies operating in Nigeria have been directed by the Federal Government to relocate their headquarters to Niger Delta region of the country....
By Modupe Gbadeyanka With activities for the trading year in full gear, the 8th Naira-settled OTC FX Futures contract, NGUS FEB 22 2017, with notional amount...
By Modupe Gbadeyanka A new report released on Thursday, March 2, 2017, by FSDH Research has revealed that the February 2017 inflation rate (year-on-year) is expected...
By Modupe Gbadeyanka The free fall of the Nigerian currency continued on Friday afternoon at the parallel market with the Naira trading at N465 to the...
By Modupe Gbadeyanka Trading on the floor of the Nigerian Stock Exchange (NSE) closed for the week on Friday on a positive note, reversing the three...
By Modupe Gbadeyanka A loan scheme tagged FirstGem that will benefit women in Oyo State has been launched by First Bank in partnership with the state...