Markets

CBN opens December foreign exchange market intervention with $210m

Nigeria’s central Bank in its first foreign exchange market intervention for the month of December, on Tuesday, December 4, 2018…

NSE to hold exchange traded product conference Wednesday

The Nigerian Stock Exchange (NSE) will Wednesday hold its yearly conference, providing insights to participants and players of the investing…

Wall Street shrinks over G20 Summit

 U.S. stocks fell in choppy trading on Thursday as uncertainty over the outcome of a high-stakes meeting between the United…

CBN sustains forex intervention as wholesale, SMEs segments get fresh $210m

Nigeria’s central bank sustained its intervention in the foreign exchange market with the aim of defending the value of the naira as it…

Analysts raise budget implementation concerns

Nigeria concluded its highly anticipated Eurobond issue last week Wednesday, raising a total of $2.86 billion, comprising a $1.18 billion…

Money market stable amidst MPR retention, OMO mop up

Afolabi Oluwaseun In line with expectations of maintaining status quo on key policy rates, there were no kneejerk reactions in…