Analysts in the Nigerian capital market have predicted that equity trading activities on the Nigerian Stock Exchange would likely close positive this week. The analysts predicted this on the backdrop of expected rolling in of financial results of some companies, which would begin in the next few weeks. According to […]
Author: InvestAdvocate
Experts seek mortgage banks’ capital base review
Due to increasing housing problems in Nigeria, experts have called for a review of the capital base of mortgage banks, saying there is need for the capital base of the mortgage banks to be increased. The experts at a training organised by the Central Bank of Nigeria said the review […]
Inter-bank rates up on cash shortage
Inter-bank lending rates inched higher last week to an average of 15.83 per cent, from 15.66 per cent the previous week, after a large cash withdrawal by the Nigerian National Petroleum Corporation and a tax remittance by telecoms company MTN drained liquidity from the system. NNPC, a major dollar supplier […]
