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Bulls Return to NSE, Benchmark Index Rise 1.14%

  By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-The bulls on Wednesday returned to the Nigerian Stock Exchange (NSE) halting a six-consecutive day of losses. At the close of trading on the… Read more »

CBN Raises MPR to 14%

By Peter OBIORA InvestAdvocate New York (INVESTADVOCATE)- The Central Bank of Nigeria’s (CBN’s) Monetary Policy Committee (MPC) on Tuesday raised  Monetary Policy Rate (MPR) 200 basis points from 12 percent… Read more »

CBN Communiqué No. 108 of the MPC Meeting – July 25-26, 2016

July 26, 2016/CBN The Monetary Policy Committee met on 25th and 26th July 2016 against the backdrop of fragile global and domestic economic and financial conditions. The Committee evaluated the… Read more »

Afreximbank Supports Heritage Bank Growth With $150million

African Export Import Bank (Afreximbank) has provided a $150 million funding support for Heritage Bank Limited. In a statement announcing this development yesterday, Divisional Head, Corporate Communications, Olusola Longe-Okenimkpe said,… Read more »

AfDB Says Poverty, Inequality Reduction Remains Less Responsive to Growth Successes across Africa

July 26, 2016/AfDB African economies have grown substantially over the past decade, but  poverty and inequality reduction has remained less responsive to growth successes across the continent, says the 2015… Read more »

AfDB Supports Employability, Entrepreneurship in Rwanda with $50 million

July 26, 2016/AfDB The African Development Bank and the Government of Rwanda signed a financing agreement amounting to UA35.9 million (USD 50.200 million) to finance the third phrase of the… Read more »

NSE Promotes Cyber-Security Awareness Among Capital Market Stakeholders

July 26, 2016/NSE Consistent with its commitment to providing an efficient and sustainable capital market, the Nigerian Stock Exchange on July 12, 2016 organized the 3rd edition of the Nigerian… Read more »

CSR: Ecobank handover Ultra-Modern Lecture Theatre to Odumegwu Ojukwu University

July 26, 2016/Ecobank Nigeria Ltd Ecobank Nigeria Limited has built and handed over a 100 seater Ultra-Modern lecture theatre to the Chukwuemeka Odumegwu Ojukwu University formerly Anambra State University, as… Read more »

Public Statement: UBA Debunks Turkey Coup Allegations

July 26, 2016/United Bank for Africa Plc UBA is aware of the on-going and spurious media speculation linking our institution to recent events in Turkey. In light of this we… Read more »

CBN Communique No 107 of the MPC Meeting of Monday and Tuesday 23rd and 24th May 2016

July 25, 2016/CBN The Monetary Policy Committee met on 23rd and 24th May 2016 against a backdrop of challenging global and domestic economic and financial conditions. The Committee assessed the… Read more »