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Money

FEATURED Latest Money TOP STORIES 

CBN’s latest decision seen piling pressure on banks

July 23, 2024July 23, 2024 Markets Reporters 0 Comments asymmetric corridor, CBN, MPR, Nigerian banks

The decision by the Central Bank of Nigeria to tweak the asymmetric corridor around the monetary policy rate (MPR) is

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FEATURED Latest Money TOP STORIES 

CBN slows down rate hiking, delivers 50bps increase

July 23, 2024July 23, 2024 Markets Reporters 0 Comments CBN rate hike

The Central Bank of Nigeria has increased its monetary policy rate, also known as the key interest rate, by 50

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FEATURED Latest Money TOP STORIES 

50-100bps rate hike likely as MPC concludes meeting – CSLS

July 23, 2024July 23, 2024 Markets Reporters 0 Comments CBN MPC, CBN rate hike, CSL Stockbrokers

The Central Bank of Nigeria (CBN) is anticipated to sustain its contractionary monetary measures as it concludes its fourth Monetary

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FEATURED Latest Money TOP STORIES 

Naira expected to hit 1,700/$ ‘in the near time’, says FDC

July 21, 2024July 21, 2024 Markets Reporters 0 Comments Bismarck Rewane, Financial Derivatives Company, Naira against dollar

The naira is expected to trade between 1,550 and 1,700 per dollar in the near term, Lagos-based Financial Derivatives Company

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FEATURED Latest Money TOP STORIES 

CBN rate hiking cycle to end this week: Capital Economics

July 21, 2024July 21, 2024 Markets Reporters 0 Comments Capital Economics, CBN MPC, David Omojomolo

The rate hiking cycle that the Central Bank of Nigeria started last year is expected to end this week, according

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FEATURED Latest Money TOP STORIES 

Drop in weekly forex liquidity drags naira lower

July 21, 2024July 21, 2024 Markets Reporters 0 Comments FMDQ, Forex turnover, Naira versus dollar

The naira extended its decline against the dollar last week as foreign exchange turnover in the official market fell by

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FEATURED Latest Money TOP STORIES 

CBN seen raising interest rate to 27.25% next week

July 18, 2024July 18, 2024 Markets Reporters 0 Comments CBN Monetary Policy Committee, Interest rates in Nigeria

The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) is expected to increase the benchmark interest rate

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FEATURED Latest Money TOP STORIES 

ARISE IIP, AFC launch $100m capital pool for African entrepreneurs

July 18, 2024July 18, 2024 Markets Reporters 0 Comments Africa Finance Corporation, African entrepreneurs, ARISE IIP

ARISE IIP, the pan-African developer and operator of industrial parks, and Africa Finance Corporation (AFC), have announced the signing of

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FEATURED Latest Money TOP STORIES 

Naira falls further as weekly forex liquidity drops 23%

July 6, 2024July 6, 2024 Markets Reporters 0 Comments naira, Nigeria forex liquidity

The naira weakened against the dollar this week as the turnover in the foreign exchange market declined by 22.99 percent.

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FEATURED Latest Money TOP STORIES 

Naira’s best performance in April ‘a charade’, says Rewane

June 13, 2024June 13, 2024 Markets Reporters 0 Comments Bismarck Rewane, Naira against dollar, Olayemi Cardoso

Bismarck Rewane, an economic expert and managing director of Financial Derivatives Company Limited, has said the rally in the naira

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