More News

Kuru unveils growth strategies for Enterprise Bank

Press Release Enterprise Bank Limited will not engage in the ‘game or war of size’ but will remain efficient and increase its Information Technology (IT) platforms to transact its business and reduce the number of people coming to the banking hall. To aid this, he said the bank has invested […]

Inflation Drops to 9% as NBS Forecasts 6.75% GDP Growth

Nigeria’s composite Consumer Price Index (CPI) which measures the rate of inflation dropped by 300 basis points to nine per cent year-on-year in January from 12 per cent in December 2012. The National Bureau of Statistics (NBS), which revealed this Monday also projected a real gross domestic product (GDP) growth […]

Naira Stable as Nigeria’s Eurobond Climbs

Nigeria’s $500 million Eurobond yields rallied for the first time in five days after a forecast that the country’s economic growth will accelerate this year and as foreign-exchange reserves increased. THISDAY checks showed that the naira was also stable at the Wholesale Dutch Auction System (WDAS) Monday as it maintained […]