MONETARY POLICY DECISION – Nigeria delivers a surprise 100bps rate hike
BY VETIVA CAPITAL What shaped the past week? Global: It was another week of buy-side action across the global space, as investors
Nigeria’s FX challenge on IATA radar, $450m airline funds held up
BY Sade Williams/Business a.m. Nigeria’s embarrassing foreign exchange challenges which have seen the country’s domestic currency, the
Nigeria’s inflation rate hits 11-month high at 17.71% in May
BY OLIVIA NNOROM Nigeria’s inflation rate rose to 17.71 percent in May 2022 from 16.8 percent the previous month, according to
BDCs intensify lobby for re-entry into Nigeria’s FX potpourri
Our Reporter The Association of Bureaux De Change Operators of Nigeria (ABCON), lede by Aminu Gwadabe, has called on the Central Bank
Macro dynamics leave CBN helpless as reserves drop $945m in 30 days
Business a.m. In the face of ongoing pre-election activities Nigeria’s foreign exchange reserves have continued their free fall and
NIGERIA MONETARY POLICY COMMITTEE – At last, the hawks carry the day
What shaped the past week? Global: There was a bullish bias from global investors this week, with some key markets across the globe
CBN safeguards naira with $3.36bn in last two months – Report
HABEEB ADAMU Data obtained from the Central Bank of Nigeria (CBN) monthly report for January shows that it pumped a total of
ABCON’s to bridge FX rate gaps, curb market volatility, rescue naira
BY CHARLES ABUEDE The continuing free-fall of the Nigerian naira has become worrisome to all concerned, calling for immediate remedies
Crypto, dollar to get investors’ safe haven gaze in 2022 – finance expert
BY CHARLES ABUEDE With the ongoing unrest in Eastern Europe plus the massive volatility witnessed within the first three months
Rates rise seen ahead CBN auction as traders sideline T-bills, Tuesday
BY CHARLES ABUEDE Fixed income analysts at Meristem Securities income analysts have said they expect rates to go up across all