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Investors Overbid for DMO’s First Bond Auction in Q3. The Debt Management Office (DMO) first quarter bond auction in the third quarter was oversubscribed 3.6 times by investors. As expected, Chapel Hill Denham said the first bond auction drew substantial bids from investors as subscription level re
Analysts Predict CRR Debits for Banks after July Bond Auction. Analysts have predicted that the Central Bank of Nigeria could likely carry out what they call routine cash reserves ratio debits on banks after the July Bond auction settles this Friday.
No Swing: Why MPC Maintains Status Quo, Hold Key Rates The Monetary Policy Committee (MPC) meeting that was held on…
Access Bank Completes Acquisition of Kenyan Transnational Bank Plc Access Bank Plc on Monday announced that it had successfully completed…
Inter-Bank Debit: Analysts Seek Coverage for Instant Credit Vendors. Some analysts have raised thumb up for the Central Bank of Nigeria for activation of the global standing instruction that permits inter-bank debits on debtors account.
Deregulation Will Force Down PMS Price, Says PPPRA. The Petroleum Products Pricing Regulatory Agency (PPPRA) says full deregulation of the downstream oil and gas sector will help force down price of Premium Motor Spirit (PMS) also known as petrol.
17 Questions that Address How PFAs Invest Employees’ Contributions to RSA. These 17 questions address how employees contributions to retirement savings accounts are invested and managed under contributory pension scheme.
643 new cases lift Nigeria’s COVID-19 total infections to 34,259. The Nigeria Centre for Disease Control (NCDC) has announced 643 new COVID-19 cases in the country as total infections from the virus rise to 34,259. The NCDC disclosed this on its official twitter handle on Wednesday.
FirstBank: Empowering Staff; Driving Productivity against the Odds
Experts Estimate 39.2% Public Debt to GDP as Fiscal Deficit Rises. Nigeria’s federal fiscal deficit will widen from 4.2% of GDP in 2019 to 5.3% in 2020 before moderating slightly to 5.1% in 2021.