Money Market

CBN Publishes FX Utilisation by Banks for January 2017 IRO Raw Materials, Plants and Machinery

By InvestAdvocate Lagos (INVESTADVOCATE)-The Central Bank of Nigeria (CBN) just published Foreign Exchange utilisation by Banks for January 2017 IRO Raw Materials, Plants and Machinery. Click here to view report

Manufacturing PMI Stands at 44.6% in February 2017 from 48.2% in January 2017 – CBN

Culled—Proshare March 1, 2017/CBN Data and Method of Presentation The Manufacturing and Non-Manufacturing PMI Report on businesses is based on data compiled from purchasing and supply executives. Survey responses indicate whether there is change or no change in the level of business activities in the current month compared with the […]

Ecobank Vital To Needbank’s African Growth Strategy

March 1, 2017/ETI South Africa’s Nedbank on Tuesday said that Ecobank Transnational Incorporation (ETI) remains vital to its expansion elsewhere on the African continent despite booking a $293 million write-down on the value of its stake in the sub-Saharan lender. Ecobank has operations in nearly 40 countries outside its home […]