Nigerian Treasury Bill yields on Wednesday fell to the lowest in 17 months at an auction as bids were almost four times the amount on sale, boosted by offshore demand for the country’s debt. The Central Bank of Nigeria said in an email statement on Thursday, that it sold N135.65bn […]
Author: InvestAdvocate
Shareholders call for sustainable growth in capital market
Shareholders have called on the Federal Government and regulators to ensure that there is sustainable growth in the capital market. According to the shareholders, this is essential if the market is to record improved activities in the next few weeks. The shareholders said this against the backdrop of losses recorded […]
Reps ask CBN to implement single-digit lending rate
The House of Representatives on Wednesday pushed for a single-digit benchmark lending rate in the country’s banking industry. It directed its Committee on Banking and Currency to engage the Central Bank of Nigeria on the matter with a view to implementing a single-digit lending rate. It said this would encourage […]
