Money market
Market downturn worsens as investors lose fresh N188bn
By Omobayo Azeez Negative sentiment in the Nigerian stock market remained dominant last week as equities investors lost N188 billion…
Uganda holds key interest rate to help shield economy
Uganda’s central bank held its benchmark rate at 9% saying subdued inflation provides room to shield the economy from global…
Zenith Bank, 9 others generate N578bn commission in 9 months
Ecobank Transnational Incorporated, Zenith Bank Plc and United Bank for Africa Plc led seven other banks in N577.9bn commission generated…
Soludo urges banks to adjust to new developments following ACFTA agreement
A former Governor of the Central Bank of Nigeria, Prof Charles Soludo, has urged Nigerian banks to adjust to developments that…
Treasury bills experience three-year low drop rate
The Nigerian Treasury Bills (NTBs) rates have dropped to single-digit at the end of yesterday’s primary market auction (PMA). Analysts…
Currency in circulation falls 3.9% to N2.05trn
Grows 95.6% to N2.02trn in 10 years By Omobayo Azeez Total currency in circulation (CIC) in Nigeria has declined…
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