Monetary Policy Committee Retains MPR at 14.0 Percent

  At the end of its 257th meeting, the fourth this year, the Central Bank of Nigeria’s (CBN) Monetary Policy Committee (MPC) voted to maintain status quo by retaining the,…

Former Etisalat Nigeria, 9mobile, Appoints Advisers Ahead of Sale

   9mobile, formerly Etisalat Nigeria, has appointed advisers to manage the process of attracting investors to take over the telecoms company and has seen strong interest, the central bank governor…

Ghana central bank cuts rates as inflation eases

   Ghana’s central bank cut its benchmark interest rate by 150 basis points to 21.0 percent on Monday, citing a downward trend in consumer inflation and the potential for higher…

Indonesia Eximbank and NEXIM Bank signs an MoU to enhance bilateral cooperation

  “With the signing of the MoU with Indonesia Eximbank, we hope to strengthen our existing bilateral relationship through increased technical assistance, promotion of non-oil export trade and other economic activities…

CBN returns N51.9 billion illegal deductions to bank customers

  The Central Bank of Nigeria has said that it has recovered over N51.9 billion illegally deducted by commercial banks and returned it to the customers. The CBN stated that…

Lafarge Africa Improves’ 2017 Half Year Revenue By 44.22 Percent

  Lafarge Africa Plc showed its commitment towards improving profitability as it reported an impressive 44.22 percent increase in revenue for the period ended June 30, 2017. The figures shows…

NSE Daily Trading Results on Friday

  ASI 34,020.37 DEALS 4,516.00 VOLUME 378,187,544.00 VALUE 5,112,133,920.18 CAP 11,725,144,418,686.44 Top Gainers Symbols Last Close Current Change WAPCO 54.6 60 5.4 DANGCEM 209 212 3 ZENITHBANK 22.05 22.95 0.9…

Nigeria sells treasuries above inflation to attract FX flows

   Nigeria’s central bank offered six-and 12-month treasuries at yields higher than the country’s inflation rate on Friday to lure yield-hungry investors and attract dollar inflows, traders said. Severe dollar…

Wema Bank to Raise Equity Next Year -CFO

  Wema Bank Plc plans to raise equity by 2018 to boost its capital ratio and cut its operating cost as its new digital strategy gains action, a senior executive…

Fidson To Raise N6 Billion … As Shareholders Approve 5 kobo Dividend

  Shareholders of Fidson Healthcare Plc on Thursday endorsed the board of directors’ request to raise N6 billion which will enhance the company’s business operation, just as shareholders approved the…