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VFD Group Mulls SplitXchange for Alternative Finance for Creative Industry

March 26, 2024/CAMCAN VDF Group Plc has stressed the need for increased financing for the entertainment and media industry to boost foreign exchange earnings and economic development. The Managing Director of Splitar Limited, Mr Folagbade Adeyemi, stated this while speaking at the Capital Market Correspondents Association of Nigeria (CAMCAN) quarterly […]

Bears Forge Ahead as NGXASI Down by 18bps; Investors Loss N103.97Bn

March 24, 2024/Futureview Research NGXASI stands at +39.02% (YTD); Naira appreciated by 1.78% to close at N1,382.95 Click here to download the full report EQUITIES MARKET: Bears sustain momentum in the Nigerian Exchange as the market closed the day’s trading in the red region. The NGX All-Share Index shed 18 […]

MPC Decision – March 2024

March 26, 2024/Coronation Research Twelve (12) members of the committee were in attendance. DECISION ▪ MPC hiked by +200bps to 24.75% ▪ Asymmetric corridor of the MPR adjusted to +100 / -300 bps ▪ CRR for commercial banks retained at 45%. ▪ CRR for merchant banks raised to 14% from 10% […]