CBN Projects Huge Decline In Foreign Reserves
Amidst continued pressures on the external sector of the economy, the Central Bank of Nigeria (CBN) has projected a major fall in the country’s foreign reserves to $29.9 billion by the end of 2020 citing decline in oil...
NCC Celebrates MTN’s N1trn Gains In Capital Market
The Nigerian Communications Commission (NCC) is counting the gains of the listing of MTN in the Nigerian Stocks Exchange (NSE) market, asserting that investors have “raked in approximately N1 trillion in price appreciation and dividends since April...
Liquidity Mop Up Imminent As N567bn Hits Interbank Market
The Central Bank of Nigeria (CBN) is expected to resume its liquidity mop up this week in response to inflow of N567 billion into the interbank money market.
Last week the apex bank suspended its liquidity mop...
