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Despite Rate Cut, CBN’s Monetary Policy Stance Remains Tight – Nigeria Employers’ Consultative Association

The Nigeria Employers’ Consultative Association (NECA) has commended the Central Bank of Nigeria (CBN) for reducing the Monetary Policy Rate (MPR), though it said...

Subscribers in Ellah Lakes’s Public Offer to be Refunded their Money

Ellah Lakes Plc has said that subscribers in its public offer of last year will be refunded their money. In a statement to the Nigerian...

Nigerian Exchange Flags Unusual Share Price Swings, Urges Caution

The Nigerian Exchange Ltd. has raised concerns over sharp and unusual price movements in shares of some listed companies in recent trading sessions. In an...

No Repeat of 2008: Afrinvest Boss Warns CBN Against Allowing Banks to Channel Recapitalisation Funds into Stocks

The Group Managing Director of Afrinvest West Africa, Dr. Ike Chioke, has asked the Central Bank of Nigeria (CBN) to closely monitor banks following...

NGX Group, SEC, Nigeria Police Force Collaborate on Capital Market Integrity

Nigerian Exchange Group Plc (NGX Group) last Wednesday hosted a Closing Gong Ceremony in honour of the Inspector-General of Police, IGP Kayode Egbetokun, signaling...

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