Money market
Treasury bills interest rates surge, subscription declines
The interest rates on treasury bills witnessed an appreciation at the primary market auction, which took place on Wednesday. Stop…
Union Bank to divest from UK subsidiary, to focus on Nigeria
Union Bank of Nigeria Plc has announced that it has entered a share sale and purchase agreement to divest its…
T-bills interest rates drop to one-year low
The interest rates of treasury bills dropped to a 12-month low level of 3.5 per cent at the Primary Market…
NAICOM talks tough, liquidates two insurance firms
Insurance sector operators will face stricter supervision in 2020, the National Insurance Commission (NAICOM) has said, announcing its liquidation of…
2020: Money market instruments to account for chunk of FPI – FSDH Research
Money market instruments will continue to account for large chunk of Foreign Portfolio Investment (FPI) inflow into the Nigerian capital…
N50 PoS charge to be paid by businesses not customers – CBN
The Central Bank of Nigeria (CBN) has urged customers not to pay N50 charged to businesses for using point of…
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