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CBN measures can’t reduce inflation significantly – Analysts

Financial analysts have said that the monetary policy measures by the Central Bank of Nigeria cannot reduce the inflation rate to a single digit. This is coming after the release of the July inflation rate by the National Bureau of Statistics Analysts at First Security Discount House, in their weekly […]

SEC appoints UBA, Stanbic IBTC capital market lenders

The Securities and Exchange Commission has appointed United Bank of Africa Plc and Stanbic IBTC Plc as securities lending agents for equities and bond transactions at the Nigerian Stock Exchange. Securities lending is the act of loaning a stock, derivative or other security to an investor or firm. It requires […]

Asian shares rise on ECB hopes despite uncertainty

Shares rose on Tuesday as investors held on to hopes the European Central Bank can trim borrowing costs and help restore confidence in the euro bloc, even as officials denied a report about the shape of its planned bond buying strategy. But most other assets — from the euro to […]