Following the commencement of the cash-less policy of the Central Bank of Nigeria in Lagos State last month, the Managing Director of Financial Derivatives Company Limited, Mr. Bismark Rewane, has said that the policy will increase price level in the short term. There has been debate by different analysts over […]

Capital market analysts have said that the positive trend recorded in the equities market for the greater part of last week may continue into this week. Their prediction was based on the expected financial results from major quoted companies on the Nigerian Stock Exchange. It is expected that the year-end […]

Nigeria’s interbank lending rates closed at an average of 13.50 percent this week, easing from 15.50 percent last week, following the release of some of December’s budgetary allocation to government agencies, traders said on Friday.  The borrowing rate opened the week at 12.25 percent on large budgetary inflows, but rose […]