CBN Retains Lending Rate At 11.5%
The Monetary Policy Committee of the Central Bank of Nigeria has retained the Monetary Policy Rate at 11.5 per cent.…
Day: January 27, 2021
IMF Revises Nigeria’s 2021 GDP Forecasts To 1.5%
The International Monetary Fund (IMF) in its World Economic Outlook (WEO) update released yesterday has projected that the Nigerian economy…
Gas Industrial Revolution As New Normal For Nigeria Beyond Crude Oil Economy
Nigeria’s debilitating energy shortages encumbering its development aspirations may soon be a thing of the past if a $10billion infrastructure investment…
UAC Property to Redeem N4.36bn Bond Ahead of Maturity
The management of UAC Nigeria Property Development Company (UPDC) Plc has decided to redeem the 5-year bonds worth N4.36 billion…
NSE Allays Fear Of Market Distortions, Hopeful Of Sustained Rally
The Nigerian Stock Exchange (NSE) has allayed fears of possible policy reversal that may reverse the current positive trajectory witnessed…
Equity Market Extends Gain With N259bn
Nigerian equity market on Tuesday sustained its positive outlook as the overall performance measures, NSE ASI and market capitalisation, rose…