Nigeria’s equities market faltered for the second straight week, with the NGX All-Share Index (ASI) falling 2.5 percent week-on-week (w/w) to close at 141,004.14 points. The sustained bearish moÂmentum, which also saw market capitalisation drop by the same margin to N89.2 trillion, reflectÂed a combination of factors — from rising fixed-income...
The Central Bank of Nigeria has released a strong affirmation of the security of cash within Nigerian banks, highlighting the country’s banking sector’s soundness. Amid widespread unconfirmed rumours, not originating with the CBN, raising concerns about the health of Nigerian banks, the Central Bank of Nigeria asked the people not ...
•CBN Governor Yemi Cardoso The Central Bank of Nigeria (CBN) has issued a warning message to Nigeria and other West African nations regarding trends in borrowing practices. Traditionally, nations often relied on loans from the Paris Club, a group of creditor countries, reports The Nation. However, the CBN has observed a significant shift towar...
The Frontier is Nigeria’s leading online newspaper. It is published by Okims Media Links Limited headed by Sunny Okim, a veteran journalist who is widely known as The Grandmaster, fondly called so by colleagues and friends for being Nigeria’s pioneer movie journalist.
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