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Nigeria reviews trade strategies, investment climate to enhance competitiveness

Nigeria reviews trade strategies, investment climate to enhance competitiveness

The Federal Government has begun a review of Nigeria’s trade and investment strategies along with infrastructure planning with a view to boosting the nation’s economic competitiveness. The review was done at an Economic Management Team (EMT) session which was chaired by the Minister of Finance and Coordinating Minister of the Economy, Mr Wale Edun, in […]

Stock market sentiment returns negative as CBN maintains 27.5% MPR

Stock market sentiment returns negative as CBN maintains 27.5% MPR

By Peter Egwuatu Stock market sentiment  returned negative last week, buoyed by investors’ reaction to the Central Bank of Nigeria, CBN’s, decision to maintain the Monetary Policy Rate at 27.5%. The reversal also came with profit-taking in stocks that may have recorded outstanding performance as well as a shift in capital flows toward the fixed income […]