NASCON: Sustained Border Closure Support Earnings, Market Share

Interbank rates to moderate as ₦181bn worth of TBills matures. Analysts have projected that interbank rates will as huge amount from maturing Treasury Bills is set to hit the financial system this week.

Growth: Experts Task FG on Private Sector Driven Economic Policies. To strengthen the nation’s economic growth trajectory, experts have asked the Federal Government to development private sector driven policies and create enable business environment for local businesses to thrive.

ARM Securities Bullish on Bulge Balance Sheet Banking Stocks. Equity analysts at Asset and Resources Management (ARM) Securities have remained bullish on bulge balance sheet banks as analysts rated their stock strong buy.

‘Unemployment Rate Data Downplays Labour Market Condition’ Afrinvest, a leading investment firm headquartered in Lagos has said it discovered that…

Amid demand pressure in the fixed income market, the Debt Management Office (DMO)

Market Temperature Rises as CBN Floats OMO Auction Again The money market records retail foreign exchange auction pressure on funding…

Nigeria’s Unemployment Rate Swells to 27.1 Percent. Overall employment declined by 11.1 million in Q2 20 compared to Q3 18. Unemployment rate increased 398 bps to 27.1% in Q2 20. Female unemployment surged 1.4 million compared to decline in Male unemployment of 559,061

Inflation Rate to Tick Up by 0.08% in July – Meristem. Analysts at Meristem Securities Limited have projected an uptick in July inflation rate by 0.08% to 12.64%. The nation’s headline inflation has been on ascendancy for 11-months straight before it peaked 12.56% in June, according to NBS

PenCom Plans Retirement Savings Account Transfer Window. The National Pension Commission (PenCom) is set to allow contributors move their Retirement Savings Account (RSA) through a transfer window from one Pension Fund Administrator (PFA) to another, provided that it is not more than once in a year.