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SepThe Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has reduced the Monetary Policy Rate (benchmark interest rate) to 27% from 27.5%. The asymmetric corridor around the MPR was retained at +260 and -250 basis points. The liquidity ratio was left unchanged at 30 percent. The MPC also reduced the cash reserve requirement to […]
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SepAirtel Africa Plc has entered into new arrangements with Barclays Capital Securities Limited to support its ongoing share buy-back programme, including during the forthcoming closed period. The total size of the programme remains unchanged. The Company had earlier, on 14 May 2025, announced the commencement of the second tranche of its share buy-back for up to $55[…]
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SepThe equity market on Tuesday closed on a bearish note as the All Share Index dropped by 0.40% to settle at 140,929.60 points from the previous close of 141,498.22 points. The Market Capitalisation declined by 0.36% to close at N89.199 trillion from the previous close of N89.525 trillion, thereby shedding N326 billion. An aggregate of 759 million[…]
