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MayThe Central Bank of Nigeria (CBN) has increased the interest rate from 18% to 18.5%. The CBN governor, Godwin Emefiele, announced the decision on Wednesday after the policy-setting committee meeting at the CBN headquarters in Abuja. Mr Emefiele, said the committee voted to keep the asymmetric corridor at +100 and -700 basis points around the MPR. Source: CBN […]
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MayThe stock market on Tuesday closed on a positive note with 0.48% growth as the All Share Index and Market Capitalisation grew to 52,621.19 points and N28.653 trillion. Year to date, the market has returned 2.67%.In a stock market review with the MD/CEO of APT Securities and Funds Limited, Mallam Garba Kurfi, the following were discussed: Excerpts:The market on[…]
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MayThe Nigerian stock market on Tuesday closed positive making it three straight sessions of gains as the All Share Index rose by 0.48% to settle at 52,621.19 points from the previous close of 52,369.13 points on Monday. Investors gain N138 billion as the market capitalisation grew by 0.48% to close at N28.653 trillion from the previous close[…]
