The nation’s equities market suffered its first weekly loss in 2020 as the impact of the CBN’s hike in the Cash Reserve Ratio (CRR) by 500bps to 27.5 per cent spurred sell-off in banking stocks… read more.
The Federal Government incurred a debt service bill of N606.87 billion on domestic obligations alone in just one quarter. This is more than 20 per cent of the total capital expenditure in 2020…read more.
The Nigerian Stock Exchange has launched a new index called the ‘Growth Board’ for the Small and Medium Enterprises… read more.
Investors in the equities market recorded gains worth N1.9tn in January… read more.
Interest rates are falling to all-time low, investigation has shown. This has widened the gap between lending rates and interests… read more.
The Nigerian Stock Exchange (NSE or The Exchange) is pleased to announce the listing of Interswitch Limited’s N23billion Bond on Friday, 31 January 2020. The Callable Senior Unsecured Bond, with a tenor of seven years, at a fixed rate of 15 per cent, is part of a N30 billion Debt Issuance Programme issued through a Special Purpose Vehicle – Interswitch Africa One Plc… read more
China’s foreign ministry on Monday said some countries, especially the U.S., have overreacted to the coronavirus outbreak, according to Reuters… read more