Nigeria’s financial markets posted healthy gains in 2013 but five years on from the global financial meltdown, local investors are still wary of sinking their money into stocks. The market capitalisation of the nearly 200 listed companies on the Nigeria Stock Exchange (NSE) rose by 41 percent in the 12 […]
Tag: Financial Analysts
50% CRR: Analysts disagree with CBN
Financial analysts have disagreed with the Central Bank of Nigeria over the imposition of 50 per cent Cash Reserves Requirement on all government deposits with commercial banks. They said the introduction of such additional instrument by the Monetary Policy Committee, which ended a two-day meeting in Abuja on Tuesday, would […]
Analysts forecast drop in May inflation to 8.9%
Financial analysts have predicted a decline in the inflation rate for the month of May to 8.9 per cent, from 9.1 per cent recorded in April. FSDH Merchant Limited, in a report titled: ‘Inflation Watch’ made available to our correspondent on Thursday, said, “Our model indicates that the price movements […]
