Tag Archives: Ayodeji Ebo

In spite of expressed optimism by the governor of the Central Bank of Nigeria (CBN) that the bank will begin a gradual cut in monetary policy rates by the end of the second half of the year, the Chief Executive of Afrinvest Securities Limited, Ayodeji Ebo says a rate cut will be unlikely due to the high risks associated with ...

Dangote Cement led losers’ pack on NSE in a bearish market free-fall of equities on the Nigerian Stock Exchange (NSE) on Thursday with major equities recording further depreciation led by Dangote Cement. Dangote Cement lost N8.84 to close at N260.16 per cent. Guinness followed on the losers’ table with a loss of N4.15 to close at N116.10, while Stanbic IBTC was ...