Other News

CBN’s Efforts at Stabilising a Weakening Currency

February 7, 2024/CSL Research The financial markets experienced significant activity last week, marked by the publication of several circulars by the CBN aimed at enhancing FX liquidity. Following the depreciation of the Naira to as low as N1482.57/US$ after warning from the CBN against the unethical reporting practices of authorized […]

Intraday Update: Nigerian Stocks Inch Up +0.02%, Driven by Blue Chips

February 7, 2024/InvestmentOne Update ASI as at 12.00pm: +0.02% Top Gainers and Losers: ELLAHLAKES (+9.97%), DEAPCAP (+8.96%), LINKASSURE (-9.57%) and HONYFLOUR (-9.05%). Sector Performances: Consumer Goods (+1.47%), Banking (-1.70%), Industrial and Oil & Gas. Market activity: In today’s trade, total volume and value decreased by 46% and 41% respectively, when compared […]

Cardoso Projects 3.76% Real GDP Growth in 2024

February 6, 2024/CBN Speech Presented by Mr. Olayemi Michael Cardoso Governor, Central Bank of Nigeria to the House of Reps held Tuesday, February 6, 2024. Protocols   The Speaker, House of Representatives: Rt. Hon. Abbas Tajudeen Deputy Speaker, House of Representatives: Rt. Hon. Benjamin Kalu Honourable Members of the House of […]