February 6, 2025/InvestmentOne Report The NGXASI advanced by 0.10% today to close at 105,430.15pts, as gains in FBNH (+9.56%), GTCO (+3.23%) and ACCESSCORP (+6.31%) drove the local bourse into the green zone. In the fixed income space, the Treasury Bills secondary market closed positive as yields had declined across all tenors of […]
Author: InvestAdvocate
Personal Statement of the MPC Members at the 155th MPC Meeting of November 25–26, 2024
February 6, 2025/CBN 1. AKU PAULINE ODINKEMELU I vote to raise the Monetary Policy Rate (MPR) by 25 basis points to 27.50% from 27.25%, retain the asymmetric corridor around the MPR at +500/-100 basis points, retain the Cash Reserve Requirement of Deposit Money Banks at 50% and Merchant Banks at […]
CBN Expectation Survey Depicts Optimistic Business Outlook
February 6, 2025/CSL Research The Central Bank of Nigeria (CBN) has released the Business Expectation Survey (BES) for December 2024, covering three key sectors: Industry, Services, and Agriculture. The survey indicates an overall optimistic outlook for the macroeconomy, with a confidence index of 17.0 points in December 2024. Looking ahead, […]
