Author: Julius Alagbe
Julius Alagbe has about 2 decades of experience in finance, accounting and economics. A fantastic financial analyst with experience in the media, research and consulting industry.With an education background from top global institutes like Imo State University, the Association of Chartered Certified Accountants (ACCA), the Chartered Institute of Administration/Nigerian College of Administration, and Julius has focused on anything that trends, figures, and projections can explain.Apart from his reportage skills, Julius has cut his teeth in Due Diligence, Advisory Service, Research, and Training.
Rising Inflation, Plunged Yields Ruffle Investors, Analysts. Average yield on instruments in the fixed income market are below the nation’s inflation rate, thus turning real returns negative for investors.
May & Baker: Equity Analysts Upgrade Stock on COVID-19 Advantage. May & Baker Nigeria (M&B Plc) was the first pharmaceutical firm to set up an anti-retroviral plant in Nigeria and the first to initiate local vaccine production.
Federal Tax Authority Extends Debt Payment to August .The Federal Inland Revenue Service
CBN’s Lending to Deposit Money Banks Hits 2020 High. Reflecting the Central Bank of Nigeria’s hawkish liquidity bias, Standing Lending Facility (SLF) position of deposit money banks (DMBs) hits 2020 high today at ₦350 billion.
Banks go to IFC for Emergency Working Capital Support. Some of the leading Nigerian Banks are trooping to access facilities from the International Finance Corporation, IFC, the recent pattern has shown.
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.