CBN Moves To Unify Exchange Rates, Debits Banks N122bn     The Central Bank of Nigeria debited N122bn ($338m) from banks’ excess cash with the apex bank before weakening the currency at a retail auction on Friday in a move to unify its multiple exchange rates. Reuters reported...

Stocks Reverse Losses, Investors Gain N122bn     investors gained N122bn on Monday as the nation’s stock market reversed the losses it recorded last week. The Nigerian Stock Exchange All-Share Index appreciated by 0.93 per cent as 31 firms recorded price appreciation. The ASI increased by 233.66 basis points...

Banks’ Credit To Real Estate Drops By N122bn In One Year   Commercial banks’ credit to the real estate sector dropped by N122bn in the last one year, data from the National Bureau of Statistics had shown. According to the NBS data, the credit dropped from the...