Money Market News
CBN Implements Regulatory Measures to Enhance Lending to Real Sector
In a recent regulatory update dated January 20, 2020, the Central Bank of Nigeria (CBN) has announced measures aimed at...
Read moreNigeria’s Inflation Persists Despite CBN Efforts: Understanding the Challenges and Solutions
Despite concerted efforts by the Central Bank of Nigeria (CBN) to rein in inflation through significant policy adjustments, Nigeria's inflation...
Read moreBitcoin Drops Value Amid Iran-Israel Tensions: Trader Faces Massive Losses
The cryptocurrency market experienced a significant downturn following reports of escalating tensions between Iran and Israel, leading to a sharp...
Read moreFidelity Bank Boosts Shareholder Returns with 20% Dividend Increase
Fidelity Bank has announced a significant increase in its proposed dividend payout to shareholders for the 2023 financial year. The...
Read moreNaira Emerges as One of the World’s Top-Performing Currencies
Ratecaptain's latest report reveals a remarkable surge in the performance of the Nigerian naira, positioning it as one of the...
Read moreDollar Firm as Tensions Rise in Middle East, U.S. Rate Hike Expectations Intact
Amidst escalating tensions in the Middle East and the anticipation of stubbornly high U.S. interest rates, the dollar remained firm...
Read moreBanking Stocks Drag NGX to Second Consecutive Week of Losses
The Nigerian Exchange Limited (NGX) witnessed a second consecutive week of losses, with banking stocks leading the downturn, according to...
Read moreFBN Holdings Plans N300 Billion Capital Raise, Seeks Shareholders’ Approval
First Bank Holding Plc has announced plans to seek shareholders' approval for a capital raise of N300 billion. The decision...
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Data Reveals CBN’s Limited Intervention in Naira Defense
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How to Apply for Federal Government’s Nano Business Grant and Loan 2023
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Nigerian Naira Hits Record Low at 980/$: BDC Operators Condemns Situation
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Brics: Is this the End of Dollar Dominance in Africa?
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Naira Appreciating Faster Than Expected: BDCs Buying Dollars at N980/$, ABCON Confirms