Money Market

CBN Moves Against Inflation; Mops up N200 billion in Special OMO

Culled—Proshare June15, 2017/CBN In its latest move to further rein in inflation, the Central Bank of Nigeria (CBN) has unveiled plans to mop up a total of N200.322 billion from the Nigerian banking system through a special Open Market Operation (OMO) at the rate of 16 per cent per annum. […]

ASI: Intraday Update Projects NSE Closing Green

June 15, 2017/InvestmentOne Research ASI as at 12.00pm: +1.07% Market movers: MAYBAKER (+9.79%), SKYEBANK (+9.52%), INTBREW (-8.44%), CUSTODYINS (-5.70%) Sector Performances: Consumer Goods (+2.26%), Banking (+1.91%), Industrial (+0.10%), Oil & Gas (-0.08%) Market activity: Activity levels are down compared to this time yesterday with investors exchanging 173m units of shares worth […]

Access Bank Says 20 Families receive Special Surprises in Family Fortune Promo

June 14, 2017/Access Bank Plc As part of its commitment to reward participants with exciting prizes in its ongoing ‘Family Fortune Promo’, Access Bank Plc has delighted 20 of its customers who were the first set to take part in the Promo. These gifts include rechargeable fans, microwave ovens among […]