Money market

Tier-1 banks drive NGX ASI  higher by 0.19%

Trading on the Nigerian Exchange Ltd., (NGX) on Wednesday closed positive, as bargain hunting in Tier-1 banks, including Zenith Bank and Guaranty Trust Holding Company (GTCO), and SEPLAT drove the benchmark index higher. Precisely, the All-Share Index (ASI) inched up…

CPPE advocates review of FX policy

The Chief Executive Officer, Centre for the Promotion of Private Enterprises (CPPE), Dr Muda Yusuf has called for an urgent review of Nigeria’s foreign exchange policy to stem its slide and volatility. Yusuf gave the advice at the maiden edition of…