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NSE equities market cap drops N39.1bn as sell-pressures hit banking stocks. Activities in the Nigerian Stock Exchange (www.nse.com.ng) resulted to decline in index on Monday as bear visits the local bourse after bullish run in the past weeks.

Sell-offs Push Average Yield to 3.5%, as market expects N495bn inflow. Afrinvest www.afrinvest.com, a leading investment banking firm has said sell offs pushed average yield up to 3.5% last week.

Africa remains attractive as global investments flow flat in 2019.. Africa continued to register a modest 3% rise in foreign direct investment attraction at the same time when flows to developing Asia fell by 6%. 

MPC raises Cash Reserve Ratio by 500 basis points. The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has raised the Cash Reserve Ratio by 500 basis points to 27.5%.

Airtel partners Western Union on mobile remittance services. Airtel Africa Plc (www.airtel.com), a leading provider of telecommunication and mobile money services has signed a strategic partnership with Western Union, a global leader in cross-border, cross-currency money movement and payment.

Adesina pitches investors, says Africa, UK should be significant trade partners. The African Development Bank (www.AfDB.org) President, Adesina Akinwumi, has said that Africa and the United Kingdom (UK) should be significant trading partners, urged UK investors to ride on the wave of the African Continental Free Trade Area agreement.

PAC Capital analyst explains how Finance Act promotes fiscal equity, best practices. Pan African Capital Holdings’ (www.panafricancapitalholdings.com) analyst led by Oluwole Adeyeye has explained that the strategic objectives of the Finance Act is to promote fiscal equity apart from the fact that it seeks to raise government revenues.

Analysts Lower Estimates for Banks as Regulatory Risks Escalate. Analysts covering the Nigerian Banks have started adjusting their estimate on lenders earnings expectations for the year on a dim outlook.

What is a Market Product Grid and why should you use one?
Interested in growing your business? There are a variety of ways to do so; but how do you know which strategy is right for your venture?

Pension Fund Assets hit N10 trillion in November, 2019. The Pension Fund Assets as at November 30 has been valued at N9.992 trillion, which is about N8 billion away from N10 trillion mark.