Author: Julius Alagbe
Equity Analysts Upbeat on DANGCEM, Nestlé, Zenith, GTB Stocks. Equity research analysts at ARM Securities are bullish on Dangote Cement, Nestle, Zenith and GTBank stocks, having recommend that they would help investors enjoys sizzling portfolio performance in 2020.
Analysts say FX Liquidity Pressure Looms Large in Banks. Analysts
60% of 10.3m global COVID-19 infections reported in June — WHO. Covid-19 pandemic war is far from being over given the latest data on infection rate provided the by the World Health Organisation (WHO).
FEC Approves ₦2.3trn to Address COVID-19 Damages on Economy. The Federal Executive Council (FEC) presided over by President Muhammadu Buhari on Wednesday approved ₦2.3 trillion stimulus package to support the economy.
Access Bank Launches Digital Lending Platform for SMEs. Access Bank Plc has unveiled a digital lending portal where small and medium scale enterprises can access loan using their devices.
CBN Debits Banks Ahead of FX Auction for Third Time in 2020. The Central Bank of Nigeria (CBN) has debited 26 banks a total of ₦216.1 billion, attributed to the CRR (Cash Reserve Ratio) compliance requirement.
Chapel Hill Denham Forecasts Tighter Liquidity as NSE Opens Negative. In the Nigerian Stock Exchange, Trading activities commenced the week on a negative note, sustaining the bearish run from last week.
Equity Analysts Upgrade Dangote Cement, Nestle, Zenith, GTB Target Prices. Equity research analysts at ARM Securities Limited have handed strong buy recommendation for Dangote Cement, Nestle; Zenith and GTBank stocks om account of strong upside opportunities.
NSE Index Tanks by 1.41% amid Renew Bearish Sentiment. The Nigerian Stock Exchange (NSE) performance this week was largely bearish, wiping off previous gains made by investors.
Analysts Maintain Sell Rating on Neimeth Stock Despite Rally. Amid rising cases of COVID-19, Neimeth Pharmaceutical Plc stock rallied in the past weeks, though it has also dropped having gained more than 45% in a week