RenCap strengthens Africa research, fintech teams
Renaissance Capital, an emerging and frontier markets investment bank, announced on Wednesday that it had strengthened its Africa tech/fintech and
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Author: Markets Reporters
Forex sales: CBN to step up monitoring of commercial banks
The Monetary Policy Committee has called on the Central Bank of Nigeria to intensify surveillance over foreign exchange sales and
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Merger: NGX delists Portland Paints, CAP shares rise
The Nigerian Exchange Limited has announced the delisting of the shares of Portland Paints and Products Nigeria Plc from its
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Why forex pressure will continue in Nigeria, by Salami
Foreign exchange pressure will continue in the second half of this year in Nigeria owing to limited inflows from both
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Shell seeks to end drilling fluids imports in Nigeria
Shell, an energy giant, says it has commenced research to seek a local alternative to the importation of drilling fluids
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FMDQ Exchange admits Eunisell’s N3.50bn commercial paper
FMDQ Securities Exchange Limited has announced the quotation of the Eunisell Limited N3.50 billion Series 1 Commercial Paper under its N10.00
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Nigeria’s forex reserves surge to $35.19bn, highest in five months
Nigeria’s foreign exchange reserves rose by $1.17 billion in the first 14 days of this month to the highest level
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AfDB approves $50m loan for Standard Chartered Bank
The Board of Directors of the African Development Bank Group has approved a $50 million Trade Finance Unfunded Risk Participation
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Weaker naira may push up imported goods prices: Capital Economics
A weaker naira is likely to push up prices of imported goods in the near term, London-based Capital Economics has
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Nigeria’s inflation falls to lowest in seven months
The inflation rate in Nigeria dropped in August to its lowest level in seven months, official data released on Wednesday
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