Video / Thu, 19 Feb 2015 14:09:13 GMT
Nigeria's stock market has extended its winning streak to a 4th day, 24 hours after the central bank scrapped its weekly fx auction. Oil stocks were among the major movers today.
Video / Wed, 10 Dec 2014 08:09:31 GMT
Nigeria's Federal Government expects its insurance sector to achieve 5 trillion naira in gross written premiums over the next ten years.
Video / Thu, 30 Oct 2014 14:32:57 GMT
Oil majors SEPLAT, Exxonmobil and Total have reported their earnings for the nine months up to September. Joining CNBC Africa to discuss these results and more is Abiola Rasaq, head of research and strategy at Associated Discount House.
Video / Wed, 06 Aug 2014 11:31:13 GMT
Equities trading at Nigeria's local bourse are back in negative territory in mid-day trade with the index down slightly on some profit-taking.
Video / Mon, 05 May 2014 14:09:38 GMT
The naira continues to firm up against the greenback, closing at N158.65 the currency's lowest close in four months.
Video / Fri, 14 Mar 2014 08:51:43 GMT
The Central bank mopped up N45 billion at its latest OMO T-Bills auction at a stop rate of 13.1%.
Video / Wed, 17 Jul 2013 08:23:01 GMT
Nigeria's June inflation dropped to 8.4 percent in June compared to 9 percent in the previous month. While core and food indices averaged 8.9 and 9 percent respectively compared to 12.5 and 14.1 percent recorded in May.
Video / Mon, 08 Jul 2013 08:17:49 GMT
The case for monetary tightening at the July MPC meeting is stronger today than 2 months ago as recent pressure on the naira suggests that Nigeria's monetary authorities will not ease policy just yet.