Business

To encourage banks to give credit to the real sector of the economy, at single digit rates, the Central Bank of Nigeria (CBN), has offered to complement the banks. Speaking …

Central bank of Nigeria kept interest rate at 14 percent on Tuesday, marking two years at the record high level. Godwin Emefiele cited the risk of increasing inflationary pressure in …

Nigeria’s most capitalised quoted company, Dangote Cement Plc, has invested $3 billion in its Pan-African operations as the cement group continues to invest in expansion of its plants and terminals …

Oil prices fell on Monday amid increasing concerns about fuel demand after finance ministers and central bank governors from the G20 warned that global economic growth risks have increased amid …

The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN), which will be meeting today and tomorrow, will not change existing policy rates. The committee will take measures …

The Nigerian Stock Exchange (NSE) will today begin the implementation of a regulatory framework for listing of non-interest debt securities on the stock market. The move will further deepen the …

The Central Bank of Nigeria (CBN) yesterday kicked off its intervention in the sale of foreign exchange (forex) in Chinese Yuan (CNY). The exercise marked the consummation of the Bilateral …

Nigerian equities lost N110 billion yesterday at the Nigerian Stock Exchange (NSE) as continuing selloff depressed the average year-to-date return for Nigerian equities to -3.35 per cent. With more than …

Organisation of Petroleum Exporting Countries (OPEC) largest producer, Saudi Arabia, is offering extra oil on top of its contractual volumes to some buyers in its key market-Asia. WTI traded down …

The Central Bank of Nigeria (CBN) has released the second quarter 2018 Inflation Attitudes Survey, which showed that interest rates had risen in the last 12 months by 0.8 points …