- Seplat, FirstHoldco Boost Stock Market Cap, Investors Gain N1.38tn
- NAHCO’s Air France-KLM Mandate Opens Higher-Value Growth Chapter
- XRP Price Slumps by 5% on Fed Hawkish Comment Reactions
- FTSE Russell Upgrades Nigeria to Frontier Market Status
- GCR Upgrades Coronation Merchant Bank Ratings to BBB+/A2
- Alibaba Tokenized bStocks Dips by 2% on Thin Transactions
- Crude Oil Prices Decline as Supply Outlook Improves
- Huge Funds Chase Nigerian OMO Bills in Search for 21% True Yield
Author: Marketforces Africa
MarketForces Africa, a Financial News Media Platform for Strategic Opinions about Economic Policies, Strategy & Corporate Analysis from today's Leading Professionals, Equity Analysts, Research Experts, Industrialists and, Entrepreneurs on the Risk and Opportunities Surrounding Industry Shaping Businesses and Ideas.
Nigerian GDP expands 2.27% in 2019 on stable oil production
Why Smart Companies Outsource Product Manufacturing. When new businesses fail, most of the time it’s due to running out of cash.
CBN injects $292.34 million into retail Secondary Market. The Central Bank of Nigeria (CBN) has injected the sum of 292.34 million dollars into the retail Secondary Market Intervention Sales (SMIS).
Declining Excess Crude Account highlights economic exposure to shocks. Analysts have said the declining Excess Crude Account (ECA) highlight vulnerability of the nation’s economic prosperity and growth to shocks. ECA fall to $72 million on February 19th, from $365 million on January 16th, 2020.
FBN takes SMEs Business Clinic to Port-Harcourt, Abuja. First Bank of Nigeria Limited (FBN) says it will be in Port-Harcourt and Abuja on 25th and 27th of February, 2020 for its SMEs clinic.
Zenith Bank earnings beat lifts share price as lender proposes N2.50 dividend. The share price of the Zenith Bank Plc reacted positively to the group earnings performance for the financial year 2019.
NB Plc: Dividend Aristocrat’s Revenue Miss Estimates Despite Price Raise. Nigerian Breweries Plc, a leading brewer with significant market share, raised it beers prices, but earnings still underperformed consensus analysts’ estimates for the financial year 2019.
CBN’s waiver on milk imports to ease pressure on food inflation. Tellimer’s equity research analyst, Nkemdilim Nwadialor, has said that the Central Bank of Nigeria’s waiver on milk imports would ease pressure on food inflation.
Coronation’s experts say Naira to escape devaluation in 2020. Experts at Coronation Merchant Bank (CMB) have formed no devaluation consensus on Nigeria’s local currency, naira, for year 2020.
Nigeria loses $750 million to oil theft in 2019 – NNPC. The Nigerian National Petroleum Corporation (NNPC) says the nation lost about 750 million dollars to oil theft in 2019.