Naira stable as black market operators resume business
Nigeria’s currency remained stable at N461 to the dollar on Monday as some black market operators resume business after some State governments reviewed the curfew time declared to curtail…
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#EndSARS crisis: Stakeholders commend Access Bank for N50bn interest-free loan
Access Bank Plc will at the close of business on Monday come up with the modalities for accessing the N50 billion interest-free loan and grant for small and medium-sized enterprises and…
#EndSARS: Access Bank to issue guidelines for N50bn interest-free loan, grant for…
Access Bank Plc will on Monday next week issue a guideline for accessing the N50 billion interest-free free loan and grant for small and medium sized enterprises and youth affected by the…
Naira stable as N826.55bn treasury bills, OMO maturities hit financial market
Nigeria's financial market would be awash with liquidity from the maturing treasury bills and Open Market Operation (OMO) worth N826.55 billion next week.
Consequently, the stop rates for…
Naira remains stable across FX markets
Nigeria's currency remained stable across foreign exchange (FX) segment on Friday as the market remained calm following the 72 hours curfew declared by some state governments to curtail…
IMF attributes Nigeria’s social protest to economic difficulties
The International Monetary Fund (IMF) has attributed the recent Nigeria's social protest, (EndSARS) to economic difficulties, saying that conditions in Nigeria for the last four years have…
#EndSARS: Outrage, humour trail President Buhari’s speech
After nearly 48 hours of failing to address Nigerians on the killings of peaceful unarmed protesters by men of the security forces, President Muhammadu Buhari made a speech analysts say is…
#EndSARS: Economy takes hit as crisis grounds businesses
The Nigerian economy is bleeding as the ongoing #EndSARS crisis in many parts of the country grounds millions of businesses that are yet to fully recover from recent COVID-19 lockdowns.
A…
Buhari’s deafening silence on purported killings by army stirs worry
After nearly 48 hours of failing to address Nigerians on the killings of peaceful unarmed protesters by men of the security forces, President Muhammadu Buhari made a speech which analysts…
FX inflows into I&E window improve by 61.7% on CBN’S US$434.6M intervention
Nigeria’s foreign exchange ( FX) inflows into the Investors and Exporters ( I& E) window improved gradually in the third quarter ( Q3) 2020, largely driven by the Central Bank of Nigeria…