As the Coronavirus pandemic continues to ravage the world and businesses and individuals suffer the effects, Nigerians have been urged to look to the capital market as an avenue to create wealth.
This was stated by the Acting Director General of the Securities and Exchange Commission, Ms. Mary Uduk in...
Professor of Finance and Capital Markets at the Nasarawa State University, Uche Uwaleke has predicted that the Central Bank of Nigeria (CBN)'s Monetary Policy Committee (MPC) may reduce the Cash Reserve Ratio (CRR) from the current 27.5% when the members meet later this month.
Cash Reserve Ratio (CRR) is the...
The Central Bank of Nigeria (CBN) has resumed provision of foreign exchange to all commercial banks for onward sales to parents wishing to pay schools fees and SMEs wishing to make essential imports needed to revamp economic activities across the country.
This, the apex bank attributed to the gradual easing of...
Nigeria's first Capital Market Professor,
Uche Uwaleke has advised the Federal Government to be wise as serpent with $3.4billion loan facility from the International Monetary Fund (IMF).
Recall, IMF Board approved the federal government's $3.4billion Emergency loan to combat the dreaded Coronavirus (COVID-19) pandemic in the country.
IMF Managing Director, Kristalina Georgieva was...
The Debt Management Office (DMO) said, it conducted the FGN Bond Auction for April 2020 on Wednesday, April 22, 2020 and as has been the trend this year, the Auction was oversubscribed.
The Office said, it offered N60.00 billion Bonds across three (3) tenors to investors at the Auction –...
