LATEST NEWS

September 18, 2019

MPC To Maintain Accommodative Stance - To Balance Extant And Emerging Risks

The Monetary Policy Committee (MPC) will hold its penultimate meeting for the year on September 19 and 20, 2019. This is the fifth meeting for the year and will afford the committee an opportunity to critically evaluate the quality of its previous decisions vis-a-vis the state of the Nigerian economy.

135 VIEWS

September 18, 2019

Average Fare Paid For Intercity Journey Increases By 0.35% MoM To N1,624.76 In August 2019

The Transport fare watch report for August 2019 covers the following categories namely bus journey within the city per drop constant route; bus journey intercity, state route, charge per person; air fare charge for specified routes single journey; journey by motorcycle (Okada) per drop; and water way passenger transport.

251 VIEWS

September 18, 2019

Firstbank Supports Educational Institutions with Firstedu

Nigeria's premier and leading financial services provider, First Bank of Nigeria Limited, has announced its educational solution - FirstEdu - specifically designed to enhance the educational facilities in schools. The FirstEdu product includes FirstEdu loan and FirstEdu portal.

171 VIEWS

September 18, 2019

Banking Sector Update - Latest Cashless Initiative Largely Positive For Banks

As part of its cashless policy initiatives, the Central Bank of Nigeria (CBN), yesterday, announced that banks will now be allowed to take charges on customer deposits in excess of N500 thousand (individuals) and N3 million (corporates), respectively. This new measure builds on previously issued guidelines related to charges on large cash withdrawals.

202 VIEWS

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FMDQ Fixings Data

NIBOR
NITTY

(Delayed by 12 Hours)

Tenor	Rate (%)	Change (%)
O/N	15.75	-16.05
1M	13.2096	0.10
3M	13.1874	-0.04
6M	14.0494	0.01

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(Delayed by 12 Hours)

Tenor	Rate (%)	Change (%)
1M	12.2131	-0.06
3M	11.4849	-0.60
6M	13.0144	0.05
9M	14.3722	-0.04
12M	15.1461	0.00

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Commodity	Price (₦)	Points
Soybean	140,000.00	195.24
Paddy Rice	125,000.00	124.96
Maize	83,000.00	174.09
Paddy Rice	125,000.00	124.96
Maize	83,000.00	174.09

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LATEST NEWS

MPC To Maintain Accommodative Stance - To Balance Extant And Emerging Risks

Average Fare Paid For Intercity Journey Increases By 0.35% MoM To N1,624.76 In August 2019

Firstbank Supports Educational Institutions with Firstedu

Banking Sector Update - Latest Cashless Initiative Largely Positive For Banks

Why Nigerians Will Never Leave South Africa - Fasua

The President's Economic Men - Understanding The Next Phase of Economic Management

Nigeria in 1min: Economic, Business and Financial Headlines - 180919

CBN Issues Approvals-In-Principle To Three Payment Service Banks

Investors Lose N81.43bn As Sell Pressure Persists; NSEASI Dips Further By -0.61%

Headline Inflation Increases By 11.02% YoY In August 2019; 0.06% Lower Than July 2019 Rate