Money Market News
Global Equities and U.S. Treasury Yields Decline Amid Uncertainty Over U.S. Debt Ceiling Vote.
Global equities and U.S. Treasury yields experienced a downward trend on Wednesday as bearish sentiment dominated the markets. Investors anxiously...
Read moreSurging Bond Issuances and Market Expansion: Nigerian Capital Market’s Phenomenal Rise.
The Nigerian capital market has experienced remarkable growth in recent years, with significant increases in corporate and subnational bond issuances....
Read moreCBN revocation of Microfinance Bank Licenses Sends Shockwaves Through Nigeria’s Economy. Here’s how it affects you.
Recently, the Central Bank of Nigeria (CBN) made a significant move by revoking the operating licenses of several microfinance banks,...
Read moreCBN Monetary Policy Committee to Address Interest Rates Amidst Economic Challenges
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) is set to convene its third meeting of...
Read moreCBN Excludes NSPMC from Approved Cheque Printers.
Central Bank of Nigeria (CBN) has made the decision to exclude the Nigeria Security Printing and Minting Company Plc (NSPMC)...
Read moreBank of America Strategist Recommends Selling US Stocks amid Tech Bubble Concerns
Bank of America strategist Michael Hartnett has reiterated his call to sell US stocks, citing concerns over a potential bubble...
Read moreNaira remains stable at N743/$ in the parallel market.
On Tuesday, May 16, 2023, the exchange rate between the naira and the US dollar remain stable to trade at...
Read moreBreaking: Nigeria Inflation rate hikes to 22.22% in April 2023 amid interest hike rate.
Inflation continues to be a cause for concern as the headline inflation rate in April 2023 rose to 22.22% compared...
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Providus Bank Plc Announces Graduate Management Trainee Program 2023/2024.
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Former President Buhari Submits Assets Declaration Forms, Shows Zero Debt.
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Embracing Remote and Hybrid Work to Beat Transportation Costs in Nigeria.
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Telcos issue banks disconnection notice over USSD debt
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FBNH Plc reports Gross Earnings of N805.128 billion in 2022.