By Udeme Ekwere The market capitalisation of listed equities on the Nigerian Stock Exchange has dropped by N674bn or 7.6 per cent, from a peak of N8.885tn on January 25 this year to N8.211tn on Wednesday. Analysts attributed the huge decline to massive withdrawal of funds from the market by […]
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Operators can earn N3tn from compulsory insurance policies – Ogunbiyi
By Nike Popoola The Group Managing Director, Mutual Benefits Assurance Plc, Mr. Akin Ogunbiyi, has said that if the industry embraces a unified means of underwriting the compulsory insurance policies, the sector will earn N3tn from the products. Ogunbiyi spoke to our correspondent in an exclusive interview, after leading about […]
Current MPR may be inadequate to check inflation – Analysts
By Stanley Opara Analysts at Financial Derivatives Company Limited have said the increase in the Monetary Policy Rate by the Central Bank of Nigeria may not be adequate to control the prevailing inflationary pressure in the country. The MPR is the anchor rate at which the CBN lends to Deposit […]
