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18 Articles
BusinessNews

How increase of MPR by 400bps impacts macro-economy, equities, others

  By Chioma Obinagwam The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) voted to raise the Monetary Policy Rate...

BusinessNews

‘Is 2024 a year of crisis or confidence?’ Pundit reveals

By Chioma Obinagwam Overview of 2023 The performance of the domestic economy appears to have deteriorated compared to 2022 full year (FY) levels,...

BusinessNews

Analysts react to latest MPR hike by CBN

…says hike in subsequent MPC meeting not unlikely Chioma Obinagwam Analysts at Cordros Research, the research arm of Cordros Capital, have reacted to...

BusinessNews

Inflation: Pundit urges FG to review trade, industrial policies

By Chioma Obinagwam The Federal Government of Nigeria (FGN) needs to revive and concentrate on production, review its trade- industrial policy and borrow...

BusinessNews

Nigeria’s President, Buhari to unveil redesigned Naira notes tomorrow

Nigeria’s President Muhammadu Buhari will tomorrow (Wednesday, November 23, 2022) unveil the redesigned naira notes. Confiance News gathered from Central Bank of Nigeria...

BusinessNews

First bank, Verve International rewards customers in third National Consumer promo

By Chioma Obinagwam West Africa’s premier financial institution, First Bank of Nigeria in partnership with Verve International has said it is rewarding users...

BusinessNews

Why Central Bank of Nigeria adjusted interest rate after two and a half years

By Chioma Obinagwam Nigeria’s apex monetary authority, the Central Bank of Nigeria (CBN) announced at the end of the 285th meeting of the...

BusinessNews

NGX: Monetary Policy Committee meeting to shape investors appetite

By Chioma Obinagwam The Monetary Policy Committee (MPC) meeting of Nigeria’s apex monetary authority, the Central Bank of Nigeria (CBN), would fashion the...

BusinessNews

CBN reacts to FBNHoldings shareholding tussle

By Chioma Obinagwam Nigeria’s apex monetary authority, the Central Bank of Nigeria (CBN) has said that it is working with the Nigeria’s Securities...

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Again Ikeja Electric customers experience frustration in recharging energy tokens

By Chioma Obinagwam Customers of Ikeja Electric Distribution Company (DisCo) have been thrown into darkness because they cannot buy tokens and some of...

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