Stocks: Investors search for locked value

By TESLIM SHITTA-BEY As the Nigerian Stock Exchange’s All Shares Index (ASI) dips below a year-to-date yield of below 5 per cent (3.01 per cent at the close of the previous week) a growing number of investors have opted to search for hidden values opportunities.So far that has proven difficult but not impossible. NSE market indices extend loses 441.16 More...

by Uchenna Ajah | Published 3 weeks ago
By Uchenna Ajah On Thursday, May 31st, 2018
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President Buhari sends message as CBN deputy governor resigns

President Muhammadu Buhari, on Thursday, May 31, officially accepted the disengagement of the deputy governor in charge of operations at the Central Bank of Nigeria (CBN), Adebayo Adelabu, with effect from July More...

By Uchenna Ajah On Tuesday, May 29th, 2018
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Current interest rates: Rewane cautions against continued retention

Economist, Bismarck Rewane believes the most critical sectors to Nigerians are suffering and will continue to do so unless things change. Economist, Bismarck Rewane believes the most critical sectors to Nigerians More...

By Uchenna Ajah On Sunday, May 27th, 2018
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Buhari administration blocks revenue leakage: Adeosun

The Buhari administration has succeeded in developing and implementing fiscal policies to curtail wastage in governance, thereby reducing fiscal leakages and boosting government’s non-oil revenue. Finance minister More...

By Uchenna Ajah On Sunday, May 27th, 2018
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Delayed budget, election anxieties hamper growth

  FELIX OLOYEDE The late signing of the 2018 budget five months into the year has spurred apprehension amongst local economists and foreign investors about the shape of the economy by the coming year-end. Analysts More...

By Uchenna Ajah On Sunday, May 27th, 2018
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2019: CBN to tighten money flow

By FELIX OLOYEDE Renewed pressure on the Nigerian foreign exchange market and rising election spending were some of the reasons given by the Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN)in More...

By Uchenna Ajah On Friday, May 25th, 2018
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Presidency insists economy is growing

The Presidency has attacked critics of the Federal Government, insisting that the economy has grown after it came out of recession in 2017. Femi Adesina The President’s spokesman, Femi Adesina, disclosed this More...

By Uchenna Ajah On Thursday, May 24th, 2018
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CBN supports Naira with $210m

Central Bank of Nigeria (CBN)  says it has made available 210 million dollars to meet customers’ requests in various segments of the foreign exchange market. File photo The apex bank disclosed this in a statement More...

By Uchenna Ajah On Thursday, May 24th, 2018
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MPC leaves Monetary Policy at 14%

The Monetary Policy Committee Central Bank of Nigeria (CBN) on Tuesday left the Monetary Policy Rate unchanged at 14% The CBN Governor, Mr Godwin Emefiele, made this known after the two-day meeting which was held More...