Category Archives: Money

Euro zone bond yields inch up as fed tempers big rate cut bets

Euro zone bond yields inch up as fed tempers big rate cut bets

Germany’s 10-year bond yield nudged off record lows on Wednesday, after comments from U.S. Federal Reserve officials tempered the most aggressive U.S. rate cut bets.

Pound heads back towards 5-Month lows on no-deal brexit fears

Pound heads back towards 5-Month lows on no-deal brexit fears

Sterling edged back towards five-month lows on Wednesday after the top contender to replace Prime Minister Theresa May reaffirmed his desire to take Britain out

Dangote cement to open export facilities

Dangote cement to open export facilities

As part of moves to boost foreign exchange and capacity production, Dangote Cement will open export facilities in Lagos and Port Harcourt this year. The

Stock market index plunges further by 0.02% amid persistent lull

Stock market index plunges further by 0.02% amid persistent lull

Continuous price depreciation in the shares of most blue chip companies, yesterday, dragged the Nigerian Stock Exchange (NSE) All Share Index (ASI) by 0.02 per

Interest rate cut and implications for the economy

Interest rate cut and implications for the economy

The Monetary Policy Committee (MPC) of the Central bank of Nigeria (CBN) met on the 25th and 26th March 2019, against the backup of developments

Customs duty exchange rate increases to N326/$

Customs duty exchange rate increases to N326/$

The exchange rate for Customs duty has increased from N306 per dollar to N326/$, our correspondent has gathered. The rate was reportedly introduced at the

Gold forum to seek enabling market policy

Gold forum to seek enabling market policy

Come June 25-26, the first-ever West Africa gold conference hosted by Nigeria’s first gold refinery, Kian Smith Gold Refinery, in collaboration with Noemdek, a Nigeria-based

Facebook to unveil white paper on cryptocurrency next week

Facebook will by next week, June 18, publish a white paper on its cryptocurrency token which is likely to be dubbed Libra Coin likely to

Adeosun’s input to Nigeria’s economy can’t be ignored – Experts

Adeosun’s input to Nigeria’s economy can’t be ignored – Experts

Former Minister of Finance, Mrs. Kemi Adeosun has been commended for spearheading some of the critical reforms, which have sanitised the fiscal space, reduced corruption

How absence of SEC’s governing board undermines investors confidence

How absence of SEC’s governing board undermines investors’ confidence

The Investment & Securities Act (ISA 2007) specifically provides for the establishment of a board for the Securities & Exchange Commission (SEC) and outlines its

Unseen hands behind Nigeria’s seamless airspace

Unseen hands behind Nigeria’s seamless airspace

As President Muhammadu Buhari begins his second term, he has been looking back at the last four years. Predictably, he has been speaking about his

Sigma pensions promises retirees improved services

Sigma pensions promises retirees improved services

Sigma Pensions has reassured retirees of  better service and prompt payment of their pensions. The Head, Relationship Management, Business Development Division, East Sigma Pension, Mrs.