The current prices of equities will likely be the driver of increased activities in the equities segment of the Nigerian Stock Exchange this week, analysts have said. The analysts based their prediction on the fact that within the last few weeks, major equities had been recording marginal price depreciation due […]

Inter-bank lending rates eased marginally last week to an average of 14.33 per cent, from 14.41 per cent the previous week due to the impact of funds distributed to government agencies from its stash of oil money and treasury bills maturing.  The Federal Government shares proceeds from oil sales from […]

The Governor of the Central Bank of Nigeria, Mr. Lamido Sanusi, has warned that a fall in oil price will cause a lot of problems for the country. Sanusi said in New York on Friday, “There will be a very bad day and a lot of gnashing of teeth if […]