The Nigerian capital market, for some time, has been in the doldrums due to various reasons. In this report, UDEME EKWERE examines the steps taken by the regulators to revive the market so far.  Since the beginning of the global economic meltdown, and specifically since 2008 in Nigeria, the capital […]

Inter-bank lending rates rose sharply last week to an average of 15.08 per cent, from 14.25 per cent recorded the previous week, as the Nigerian National Petroleum Corporation and Nigeria Deposit Insurance Corporation made large withdrawals, putting commercial banks in deficit with the Central Bank of Nigeria.  Reuters quoted a […]

As the Monetary Policy Committee of the Central Bank of Nigeria prepares to meet for the second time this year, financial analysts have predicted that the Monetary Policy Rate may be left untouched. The MPR, which is also known as the benchmark lending rate, is the rate at which the […]