Nigeria Boost Forex Market With $210m

Nigeria Boost Forex Market With $210m

The Central Bank of Nigeria (CBN), in continuation of its intervention in the foreign exchange market, has injected another sum of $210 million to boost sales in the inter-bank segment of the market. In the sales conducted on Monday, December...
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NSE Photo News

NSE Photo News

L – R Nerina Visser, CFA, Chairperson of the ASISA ETF Standing Committee; Oscar N. Onyema, OON, Chief Executive Officer, The Nigerian Stock Exchange (NSE) and Deborah A. Fuhr, Managing Partner & Founder, ETFGI during the 2018 NSE Annual ETPs...
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CBN Injects $210 Million In Wholesale Segment, Others

CBN Injects $210 Million In Wholesale Segment, Others

The Nigerian Apex Bank, the Central Bank of Nigeria (CBN) on Tuesday said it injected the sum of $100 million to dealers in the wholesale segment of the foreign exchange market. The CBN also made interventions of $55 million each...
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Again, MPC Retains Lending Rate At 14%

Again, MPC Retains Lending Rate At 14%

The Monetary Policy Committee (MPC) for the 14th consecutive time, retained the Monetary Policy Rate (MPR) at 14 per cent. The Central Bank of Nigeria (CBN) Governor, Mr Godwin Emefiele made this known at a news conference on Thursday, in...
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Nigeria Raises $2.86b Eurobonds

Nigeria Raises $2.86b Eurobonds

The Federal Government on Wednesday said it had raised 2.86 billion dollars three-series international bond under its Global Medium Term Note Programme.  Mr Paul Abechi, Special Adviser to the Minister of Finance on Media and Communications disclosed this in ...
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CBN Boosts Forex Market With $210m

CBN Boosts Forex Market With $210m

In its latest round of intervention, the Central Bank of Nigeria (CBN) on Tuesday, November 13, 2018, injected the sum of $210 million in the inter-bank foreign exchange market. Figures obtained from the CBN indicate that the authorized dealers in...
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SEC Reiterates Commitment To Boost Capital Market Curriculum

SEC Reiterates Commitment To Boost Capital Market Curriculum

The Securities and Exchange Commission (SEC) has restated its commitment to further educate and enlighten investors in the Nigerian capital market to enhance their ability to make informed investment decisions.   The Acting Director General of SEC,  Mary Ud...
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Naira Appreciates Against Dollar

Naira Appreciates Against Dollar

The Naira on Monday gained 10 kobo to exchange at N363.64 to the dollar at the investors’ window, stronger than N363.74 posted on Friday. Market turnover at the investors’ window stood at 231.24 million dollars, higher than 226.35 million dollars...
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CBN Injects $337.16m, 56.17m CNY Into Retail Secondary Market Intervention Sales

CBN Injects $337.16m, 56.17m CNY Into Retail Secondary Market Intervention Sales

The Central Bank of Nigeria (CBN) on Friday said it injected 337.16 million dollars in the retail Secondary Market Intervention Sales (SMIS) in its first intervention in the inter-bank foreign market for November. A statement issued in Abuja by Isaac...
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How To Transform Societies, Change Lives Through Capital Markets, By Arunma Oteh

How To Transform Societies, Change Lives Through Capital Markets, By Arunma Oteh

At the recent 58th Annual General Meeting of World Federation of Exchanges (WFE) in Athens, Arunma Oteh, Vice President of the World Bank  took part in a fireside chat with Nandini Sukumar, CEO, WFE where Arunma spoke about how “exchanges...
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PFAs Invest N1.49t In Treasury Bills

PFAs Invest N1.49t In Treasury Bills

Not less than N1.49 trillion have been invested by Pension Fund Administrators (PFAs) in Treasury Bills.  According to the monthly National Pension Commission (PenCom) report released at the weekend in Abuja by its spokesman, Peter Aghahowa, the PFAs invested...
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Nigeria Injects $337m, CNY53m Into Inter-Bank Forex Market

Nigeria Injects $337m, CNY53m Into Inter-Bank Forex Market

In another round of intervention, the Central Bank of Nigeria (CBN), on Friday, October 19, 2018 injected over $337 million in the inter- Bank forex market. The CBN intervened in the Retail Secondary Market Sales (SMIS) to the tune of...
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Nigeria Commits N1.7 Trillion To Capital Investment

Nigeria Commits N1.7 Trillion To Capital Investment

Vice President Yemi Osinbajo says the Federal Government has spent N1.7 trillion in capital investment in two budget years. Osinbajo disclosed this while addressing participants at the 9th Presidential Quarterly Business Forum held at the State House Banquet H...
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WFE Admits Nairobi Securities Exchange, Five Others

WFE Admits Nairobi Securities Exchange, Five Others

At the 58th General Assembly in Athens on Wednesday, the World Federation of Exchanges (WFE) admitted six new members taking the total number of full members to 70.      With six members joining since the last General Assembly in...
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