The monetary policy committee of the Central Bank of Nigeria (CBN) on Tuesday reduced the monetary policy rate by 50 basis points. With this development, the MPR, which is put…
Read More UPDATED: CBN MPC reduces interest rate to 13.5%
Category: Economy
Nigeria needs N10trn infrastructure bond to curb deficit – Fashola
The Minister of Power, Works and Housing, Mr Babatunde Fashola, has said that N10 trillion infrastructural bond was needed to meet up with infrastructural deficit and advance the course of…
Read More Nigeria needs N10trn infrastructure bond to curb deficit – Fashola
Foreign investors withdrew N55bn from stock market in February —NSE
The Nigerian Stock Exchange has said foreign outflows from the stock market increased by 97.8 per cent from N27.81bn in January 2019 to N55.01bn in February. The NSE, in its…
Read More Foreign investors withdrew N55bn from stock market in February —NSE
GTBank dominates CBN E-Payments awards, wins 8 out of 12 banking honours
SEGUN Agbaje, the Managing Director of Guaranty Trust Bank, says the bank will continue to provide customers with superior banking experience across all digital touch points. Agbaje made the promise…
Read More GTBank dominates CBN E-Payments awards, wins 8 out of 12 banking honours
UBA hinges future performance on cost efficiency, improved asset quality
Pan African financial institution, United Bank for Africa (UBA) Plc has assured its local and international investors that it’s prudent focus on improved asset quality, as well as the continuous…
Read More UBA hinges future performance on cost efficiency, improved asset quality