CBN rules out free float of naira despite devaluation pressure
The Central Bank of Nigeria (CBN) says it will continue to defend the naira with foreign exchange (forex) reserves because no country allows a...
Become a Buffett with stock market ‘bricks and mortar’
We get excited enough to commit a big percentage of insurance company net worth to equities only when we find (1) businesses we can...
Bond yields to rise on election spending
Bond yields are expected to rise this week, spurred by election spending to woo voters.
"The expectation is that yields should be on the upward...
Failing economy, panicking investors and CBN’s reassurances
There is no better way to address concerns than to boost faith in a resilient economy, against the backdrop of grave economic indices made...
Access Bank’s N52.6bn rights issue opens
Access Bank Plc has secured approval of the Securities and Exchange Commission (SEC) to proceed with plans to raise N52.6 billion in a share...
Operators seek intervention to save equities market
Operators have called on local institutions with financial muscle to rescue the Nigerian Stock Exchange (NSE) warning that the bearish mood in the market...
CBN retains 13% interest rate as naira eases sharply
The Central Bank of Nigeria ( CBN ) left its Monetary Policy Rate (MPR) also called interest rate on hold at 13 percent in...
CBN directs banks to implement checker control to contain insider abuse
The Central Bank of Nigeria (CBN) on Tuesday directed all commercial banks to implement a maker or checker control structure for all payment platforms...
How investors lost N2.2tr in stock market crash in 2014
The Nigerian capital marked has crashed for the second time in seven years, leaving investors pale with losses almost half the national budget.
Investors lost...
Financial experts doubt NSE’s capacity for $1 trillion dollars capitalisation by 2016
Some financial experts on Wednesday expressed doubts on the ability of the Nigerian Stock Exchange (NSE) to actualise its projected one trillion dollars market...
