Browsing: Uncategorized
Nigerian Stock Market is Going Vertical, Impressively The Nigerians Stock Exchange is going vertical, and that will be sustained given…
Contributions to COVID-19 relief fund now ₦27.160 billion – CBN. The Nigeria Private Sector Coalition against COVID-19 (CACOVID), has so far contributed about N27.160 billion to help fight the coronavirus pandemic.
FirstBank Provides Free E-learning, Targets 1 Million Students First Bank of Nigeria Limited says it is targeting one million students…
The shareholders of the Central Securities Clearing System (CSCS) Plc has approved total dividend of ₦4.3 billion declared by the board for 2019. The shareholders gave the approval at the company’s virtual 26th Annual General Meeting (AGM) by proxy, held at the Nigerian Stock Exchange (NSE) on Friday.
Stock Market Capitalisation Rises to ₦13.135 on Improve Sentiments The prevailing bullish sentiment continued on the last trading day of…
FG is Selling ₦150 Billion Sukuk to Investors at 11.2% The Federal Government has opened sale of its third tranche…
In line with analysts’ projections, the nation’s reported an increase in general (average) price level for April. The National Bureau of Statistics (NBS) says the Consumer Price Index (CPI), which measures inflation, increased by 12.34 percent in April 2020.
In general, the recent devaluation of Naira has a rub off effects on lender’s capital, at least by 18%. Wema Bank stock market worth in dollar term pitched at USD$61.111 billion. The Central Bank of Nigeria in what it termed technical adjustment raised official foreign exchange rate from ₦305 to ₦360.
Fidelity Bank: Analysts lower lender’s estimate on assets quality concern. Fidelity Bank is facing steep cost pressure that is diluting lender’s margin, though analysts recognised that growth in earnings asset drove top line performance in the first quarter of 2020.
A bond is a fixed income debt instrument issued by the government (federal or state government) or corporate institutions with a definite date of maturity.