Culled—Proshare February 9, 2018/CBN The Central Bank of Nigeria (CBN) has again intervened in the Retail Secondary Market Intervention Sales (SMIS) to the tune of $325.64 million. Figures obtained from the Bank on Friday, February 9, 2018, indicate that the amount released was for requests in the agricultural, airlines, petroleum […]
Money Market
Nigerian Equities Market Largely Bearish in Outgone Week as Investors lost N540 billion Week-on-Week
February 9, 2018/InvestmentOne Research Please click to download the Weekly Report for the week ending Friday 9th February 2018 Global Economy · Earlier this week, we saw a significant dip across major equities markets in the world as Dow Jones Industrial Average (DJIA) (-4.83), S&P 500 (-4.24%), FTSE 100 (-1.48%) […]
NEXIM Bank Says Beloxxi Repaid N1.0 Billion Loan on Business Expansion, Pledges Further Facility
By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)- Abba Bello, managing director/chief executive officer (MD/CEO) of the Nigerian Export-Import Bank (NEXIM) disclosed on Thursday that Nigeria’s foremost indigenous biscuit producer Beloxxi Industries Limited has repaid the N1.0 billion loan granted for the second phase expansion of the company and NEXIM is ready […]
