LDR, CRR: CBN Limits Banks Liquidity to Manage FX Pressure. Analysts have explained that the Central Bank of Nigeria (CBN) policies is putting banks on tight corner follow serial debits for failure to meet loans to deposits ratio target.

FBNHoldings wins World Finance Best Corporate Governance in Nigeria Award. Nigeria’s leading financial services group and holding company, FBN Holdings Plc, has won the 2020 Best Corporate Governance in Nigeria Award by the World Finance.

Access Bank to Charge Customers for Accrued Stamp Duty. Access Bank Plc said it will need its customers accumulated stamp duty on transactions value at #10,000 and above between February 1 and April 30.

COVID-19 Infection Hits 19,808 as NCDC records 667 New Cases

Equity Analysts Upgrade Dangote Cement, Nestle, Zenith, GTB Target Prices. Equity research analysts at ARM Securities Limited have handed strong buy recommendation for Dangote Cement, Nestle; Zenith and GTBank stocks om account of strong upside opportunities.

‘FX Scarcity, Supply Chain Disruption Support Rising Inflation’. Analysts have explained the trend behind rising headline inflation rate to include scarcity of foreign exchange, disruption in supply chain among other reasons.

NSE Index Tanks by 1.41% amid Renew Bearish Sentiment. The Nigerian Stock Exchange (NSE) performance this week was largely bearish, wiping off previous gains made by investors.

FX Market: Naira Depreciates Against Dollar at IEW. The local currency, Naira, depreciated against the United States dollar (USD) at Investors and Exporters Window (IEW) this week.

Credits to Private Sector Increase to ₦28.67 Trillion. Credits to private sector increased by 1.51% to ₦28.67 trillion in the month of April, Cowry Asset Management Limited stated in a financial market review note.

Analysts Maintain Sell Rating on Neimeth Stock Despite Rally. Amid rising cases of COVID-19, Neimeth Pharmaceutical Plc stock rallied in the past weeks, though it has also dropped having gained more than 45% in a week