12/13/2023

A decrease in the external reserves in Nov ‘23

Total reserves as at end-Nov '23 covered 7.7 months of merchandise imports on the basis of the balance of payments for the 12 months to Jun '23 and 5.7 months when we add services.

11/28/2023

Banks’ stocks gain amid recapitalisation plan

Following the apex bank boss’ speech which has elicited varied reactions, on Monday, the First Bank of Nigeria Holdings led the gainers’ chart with 10 per cent gain to close at N22 per unit.