The demand for the United States dollar at the Central Bank of Nigeria’s (CBN) regulated Wholesale Dutch Auction System (WDAS) stood at a total of $3.586 billion in October, findings by THISDAY has shown. The total demand for the greenback in the month, represented a drop by 12 per cent […]

The impressive unaudited results of banks for the third quarter-ended September 31, 2011 have impacted positively on prices of equities in the banking sub-sector in  last two weeks. Consequently, the Nigerian Stock Exchange (NSE) Banking 10 Index, which measures the performance of the banking sub-sector, has appreciated by 7.1 per […]

Experts in the nation’s capital market have warned that the capital market would remain bearish in the last quarter of this year citing global economic challenges particularly in the United States of America and the Euro zone, Muslims and Christians festivals in November and December, post merger challenges of rescued […]