Author: InvestAdvocate

CBN Releases Inflation Expectations Survey for August 2024

September 13, 2024/CBN 1.0 Introduction The Inflation Expectations Survey (IES) for August 2024 was conducted from August 12-16, 2024, among selected businesses and households with a sample of 1,600 and 1,650 respectively, in the 36 states of the federation and the Federal Capital Territory. The IES aims to gather insights […]

CBN Release Guidelines to all Payment Service Providers on Connectivity to PTSAs

September 13, 2024/CBN In order to achieve the objective of tracking electronic transcations in Nigeria, the Central Bank of Nigeria (CBN) in August 2011granted a Payment Terminal Service Aggregator (PTSA) license to Nigeria Interbank Settlement System Plc (NIBSS). As part of efforts to mitigate the concerns regarding channelling all point […]

Intraday Update: Nigerian Stocks Inch Up +0.23% on Bellwether Gains

September 13, 2024/InvestmentOne Update ASI as at 12.00pm: +0.23% Top Gainers and Losers: TIP (+10.00%), CAVERTON (+9.96%), NSLTECH (-10.00%) and CUSTODIAN (-8.45%). Sector Performances: Banking (+1.89%), Consumer Goods (+0.10%), Industrial and Oil & Gas. Market activity: In today’s trade, total volume and value declined by 44% and 48% respectively when […]