NGX All-Share Index Crosses 80,000 Benchmark

NGX All-Share Index Crosses 80,000 Benchmark

The Nigerian Exchange Ltd (NGX) All-Share Index on Monday crossed significant 80,000 basis points to settle at 80,324.53 benchmark by earning 0.83 per cent or 660 points, as against 79,664.66 recorded on Friday. Consequently, the equity market capitalisation closed at...
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Experts’ Caution Against Interest Rate Benchmark At 18%

Experts’ Caution Against Interest Rate Benchmark At 18%

A financial expert, Dr Tunde Adeoye, says increasing Monetary Policy Rate (MPR) from 17.5 per cent to 18 per cent by Monetary Policy Committee (MPC) of Central Bank of Nigeria (CBN) can lead to a prolonged downturn in economic activities....
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CBN Increases Benchmark Interest Rate To 14% 

CBN Increases Benchmark Interest Rate To 14% 

The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) on Tuesday increased the Monetary Policy Rate (MPR) to 14 per cent from its initial 13 per cent.  Reading a communiqué after the committee’s meeting in Lagos, Mr...
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Commonwealth Unveils Benchmarks To Help Countries Fight Corruption

Commonwealth Unveils Benchmarks To Help Countries Fight Corruption

A landmark set of measures to support international efforts in tackling corruption has been launched by the Commonwealth Secretariat.  The Commonwealth Anti-Corruption Benchmarks are designed to help governments and public sector organisations a...
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