Money Market - The Daily Mirror

Naira Fights Back, Rises to N1,493 at Official Rate

The Naira rose to N1,493 in the official foreign exchange market on Thursday. According to data published by the Central…

The House of Representatives Committee on Public Petitions has absolved Ecobank of any liability toward the 167 members of staff…

The Central Bank of Nigeria (CBN) says it will heavily penalise deposit money banks (DMBs) found supporting the hawking of…

The Nigeria Deposit Insurance Corporation (NDIC) says the sale of Heritage Bank’s assets will begin on December 4, 2024. This…

Seplat Energy PLC, a Nigerian independent energy company listed on both the Nigerian Exchange and the London Stock Exchange, has…

The apex bank said the forex would provide “additional liquidity to this segment of the foreign exchange market”. The Central…

The Central Bank of Nigeria has further raised its Monetary Policy Rate(MPR) by 50 basis points to 27.25 per cent…

The Central Bank of Nigeria (CBN) has sold $876.26m to end users whose bids were submitted by some 26 banks.…

The Central Bank of Nigeria (CBN) has given approval for a pivotal financial accommodation to support the proposed merger between…

The Central Bank of Nigeria has sold a cumulative amount of $148m to authorised dealers in the Nigerian Foreign Exchange…

The Central Bank of Nigeria (CBN) has again raised the Monetary Policy Rate (MPR), which measures interest rates by 50…