Equity investors position ahead of audited reports, MPC outcome
Trading activities on the Nigerian Exchange, NGX, last week, extended its positive sentiment on bargain hunting, driven by investors’ positioning in dividend paying stocks and interests generated by the share buy-back scheme of Dangote Cement.
FG owes local contractors over N1.7trn – MPC
The Monetary Policy Committee, MPC, of the Central Bank of Nigeria, CBN, has disclosed that the Federal Government owes local contractors more than N1.7 trillion.
MPC: Analysts predict 4% rise in interest rates
Economic analysts have predicted sharp increase in interest rates, as high as four per cent, and increased inflow of hot money (foreign portfolio investment) into the country.
