MONEY MARKET

Money Market set for N30.22bn Net Issuance Gap

This week, the Nigerian money market is set for a net issuance gap of N30.22 billion. This is expected as…

2 weeks ago

Banks in mixed stages of recapitalisation efforts

NIGERIA’S banking sector is experiencing a wave of recapitalisation activities as lenders respond to the Central Bank of Nigeria’s (CBN)…

3 weeks ago

US tariff threatens margins of Nigerian banks’ trade finance —AfDB

US President Donald Trump’s proposed 14 percent tariff on Nigerian exports such as cocoa, fertilisers, and ginger could significantly erode…

3 weeks ago

Improved liquidity drives Nigerian banks to deposit N2.3trn with CBN

NIGERIAN banks placed N2.3 trillion with the Central Bank of Nigeria (CBN) last week, signaling improved liquidity conditions in the…

3 weeks ago

Zenith Bank cuts CBN swap exposure to below $1bn

ZENITH Bank has significantly reduced its currency swap exposure with the Central Bank of Nigeria (CBN), trimming it from around…

3 weeks ago

Why Sterling Bank will remain compliant with government EMTL, despite zero transfer fees —MD

DESPITE eliminating transfer fees for customers, Sterling Bank has reaffirmed its full compliance with the Federal Government’s Electronic Money Transfer…

3 weeks ago

JP-Morgan lauds Nigeria’s market-friendly reforms, predicts Naira at N1,450 by year end

GLOBAL investment bank JP-Morgan has lauded Nigeria’s commitment to market-friendly economic reforms, expressing renewed confidence in the country’s macroeconomic trajectory…

3 weeks ago

Monetary policy: Former Statistician-General positive on trend of real interest rates

NIGERIA’s real interest rates have begun to trend positive, according to Dr. Yemi Kale, former Statistician-General of the Federation. This…

3 weeks ago

Ecobank Sues Barbican Capital, Others to Halt Sale of FBN Holdings Shares

ECOBANK Nigeria Limited, a subsidiary of Ecobank Transnational Incorporated based in Lomé, has initiated a lawsuit against Barbican Capital Limited…

4 weeks ago

World Bank approves over $1.08 bn loan in 2025 to support education, nutrition,  Nigerian economy

THE World Bank has approved a $1.08 billion financing package aimed at strengthening Nigeria’s education system, tackling malnutrition, and boosting…

4 weeks ago

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