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Ecobank Nigeria Special Loan for Women: What You Should Know. Ecobank, the Pan-African lender is offering a specially designed loan package that goes for as low as 1% interest rate charge. Is Ecobank joking?
PMI: Economic Recoveries in Nigeria, Others Could Disappoint in Q3. Given the latest data from the Nigeria’s central bank purchasing managers index (PMI), analysts said economic recoveries could disappoint against expectation in the third quarter of 2020.
Yields Drop as DMO Roll over 87% of Maturing Bills. Again, in the just concluded week yields on Treasury Bills declined due to surplus liquidity and the recently published fourth quarter of 2020 Nigerian Treasury Bills (NTB) auction calendar.
Market to Trade Cagily as Investors Await Triggers for Yields Repricing. Analysts at Chapel Hill Denham Limited have said that the fixed income market will continue to trade cautiously as investors await triggers for potential downward or upward repricing of yields.
Trade Deficit Reflects Depth of Nigeria’s FX Issues – Cardinalstone. Cardinalstone Partner, a leading investment banking firm headquartered in Lagos has said that trade deficits recorded in the second quarter of 2020 underscores depth of Nigeria’s foreign exchange (FX) issues.
Interbank Rates Drop amidst Rising System Liquidity Interbank funding rates dropped further yesterday, as financial system liquidity opened higher at…
Nigerians to Pay More for Petrol as Oil Prices Rise
Recapitalisation: AIICO Insurance ₦3.5 billion Right Issues Opens AIICO Insurance is offering ₦3.5 billion worth of rights issue to its shareholders…
Economic Growth: Heritage Bank to Supports Youth Entrepreneurs Heritage Bank Plc says it will support youths entrepreneurs to grow businesses either as start-ups or prospective owners amid…
Naira Remains Resilient as CBN Sets to Resume FX Sales to BDCs. Nigeria’s local currency, Naira, maintained strong position this week amidst the apex bank plan to resume its weekly intervention sales.