LATEST NEWS

August 21, 2019

Naira Weaker On Lower Oil Prices, Apathy For Stocks And Profit Taking In The Local Debt Market

The Nigerian Naira has faced upside pressure since the start of the third-quarter as the Naira exchange rate to the dollar on the Investors and Exporters' (I&E) window has depreciated by 1% to N363.68/$ from N360.74/$ at the end of the second quarter.

26 VIEWS

August 21, 2019

CBN Issues Circular On The Guidelines For The Disbursement Of Lower Denomination Banknotes

The MFBs shall have a Composite Risk Rating (CRR) of ABOVE AVERAGE in the most recent RBS/Target examination. Restricting participation to MFBs with satisfactory ratings will ensure that only MFBs with good corporate governance practices take part.

91 VIEWS

August 21, 2019

Funding Pressures Persist as Banks camp at the Standing Lending Facility (SLF) Window

The FGN Bond market remains muted due to the bearish sentiment and ahead of the bond auction on Wednesday, with little flows been passed during todays trade session.

100 VIEWS

August 21, 2019

Nigeria in 1min: Economic, Business and Financial Headlines 210819

ood Import Restriction Yet To Bite - The National Bureau of Statistics (NBS) released July inflation numbers on Friday. As was widely anticipated, it declined by 0.14% to 11.08%. Nigeria is now the country with the 8th highest inflation in the African continent. In the region, average inflation in 2019 is projected to be 8.4%.

541 VIEWS

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FMDQ Fixings Data

NIBOR
NITTY

(Delayed by 12 Hours)

Tenor	Rate (%)	Change (%)
O/N	35.125	17.44
1M	16.0564	1.31
3M	15.9276	2.12
6M	16.2446	0.84

View Live FMDQ Fixings Data

(Delayed by 12 Hours)

Tenor	Rate (%)	Change (%)
1M	14.1822	0.42
3M	13.3936	1.32
6M	15.4883	1.22
9M	15.045	0.77
12M	14.5769	0.80

View Live FMDQ Fixings Data

AFEX Data

Commodity	Price (₦)	Points
Paddy Rice	127,000.00	126.96
Maize	67,000.00	138.86
Sorghum	83,000.00	0.00
Soybean	162,000.00	225.92
Cocoa	700,000.00	0.00

AFEX Data

AFRICA NEWSROOM

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LATEST NEWS

Naira Weaker On Lower Oil Prices, Apathy For Stocks And Profit Taking In The Local Debt Market

CBN Issues Circular On The Guidelines For The Disbursement Of Lower Denomination Banknotes

Funding Pressures Persist as Banks camp at the Standing Lending Facility (SLF) Window

Nigeria in 1min: Economic, Business and Financial Headlines 210819

Nigeria in 1min: Economic, Business and Financial Headlines 200819

CBN To Expand List Of FX Restrictions On Imported Items

Afrinvest Stock Recommendation For The Week 190819

Investors Lose N27.91bn As NSEASI Dips By -0.21% Amid Renewed Sell Pressure

Nigeria in 1min: Economic, Business and Financial Headlines 210819

FIRS Issues Final Demand Notice To Companies Whose Bank Accounts Are Under Lien