Photo Credit: YouTube February 27, 2017/Cowry Assets The Central Bank of Nigeria would be issuing 91days, 182days and 364days notes at the NTB primary auction scheduled to hold on Wednesday, March 01, 2017. Tenor (Days) Issue Size (N’bn) Previous Stop Rate (%) 91 N26.14bn 13.690% 182 N62.00bn 17.150% 364 N222.00bn […]
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Wall St. opens lower as tech stocks drag
Photo Credit: Politico February 27, 2017/Reuters U.S. stocks opened lower on Monday as technology stocks declined and investors took a breather to assess Wall Street’s recent record-setting run. The Dow Jones industrial average .DJI was down 18.35 points, or 0.09 percent, at 20,803.41, the S&P 500 .SPX was down 2.84 […]
Dollar Set To Crash Further as CBN Releases Additional $180m to Banks
Culled—Proshare February 27, 2017/News The Central Bank of Nigeria today, made available additional funds to the tune of USD$80 million for PTA, Fees, and Medicals; and another USD$100 million for the wholesale forwards market. In keeping with the new shift in focus and response to increased build up of reserves, […]
