March 8, 2018/CBN Executive Summary Global output growth was projected at 3.5 per cent in 2017, compared with 3.2 per cent recorded in 2016. The key drivers of the increase in growth included the strengthening of financial markets and expected recovery in manufacturing and trade. Inflationary pressures were sustained across […]
Money Market
ALAT by Wema Launches Quick Loans and Virtual Dollar Card
Culled—Proshare March 7, 2018/Wema Bank ALAT, Nigeria’s only fully digital bank, has released two exciting new features: quick short-term loans and a virtual dollar card for paying online internationally. ALAT Loans are accessible to all ALAT customers through the bank’s Android and iOS apps. The ALAT Virtual Dollar Card is […]
Naira Strengthen Against Dollar in the Inter-Bank, Trades N360.45/$1
March 6, 2018/Cordros Report EQUITIES Bullish sentiments persisted in the equities market, with the ASI closing higher by 0.22% to 43, 609.77 points, following sustained demands for major stocks. Accordingly, the Month-to-Date and Year-to-Date returns improved to 0.64% and 14.03% respectively. The Oil & Gas (+1.44%) index recorded the largest […]
