The volume of cash transactions undertaken outside financial institutions in the month of October 2011 rose by N16.8bn despite measures aimed at making Nigeria run a cashless economy beginning from this year. According to the Central Bank of Nigeria, the currency in circulation during the period rose by 1.2 per […]

Indications have emerged that the Ministry of Finance may soon approve a request by the Nigerian Stock Exchange to restructure bad loans of operators in the capital market. A reliable source in the ministry told our correspondent on Friday that the Finance Minister, Mrs Ngozi Okonjo-Iweala, had received the request […]

The Nigerian Stock Exchange has announced plans to put measures in place towards ensuring that there is increased depth in the market this year. The measures, according to the Exchange, are aimed at driving further growth and patronage for the Nigerian capital market in 2012, thus boosting market indices that […]