CBN adjusts timelines for reversals of complaints on electronic channels. The Central Bank of Nigeria (CBN) has adjusted timelines for reversals or resolution of refund complaints on electronic channels with effect from June 8.
FX Market Wrap: Actually, dollar had a rough ride . The dollar had a difficult week, falling against all the major currencies but the Japanese yen and appeared to break out of its recent trading ranges against the euro, Canadian and Australian dollars.
8 out of 10 most valuable stocks records negative return. The stock market
Analysts’ $40 Brent Forecast to Hurt Nigeria’s FX receipts. Federal Government’s expectation of improve global prices of oil may be douse as Reuter’s poll of dozens of analysts set target price below $40 a barrel for 2020.
Venture Capitalists’ Investments in Drone: Momentum is building in the drone industry according to latest data, drone industry insight has revealed. Investors are putting significant funding into the segment as world leverage on technologies and related infrastructure.
Unease as Nigeria records 553 coronavirus cases, highest daily figure. In the midst of gradually unlocking of the nation’s economy, the Nigeria Centre for Disease Control (NCDC) on Saturday announced the highest daily figure of confirmed coronavirus cases in Nigeria.
Why Investing in Fashion Business Is Not a Bad Idea
Setting up a fashion centre is not a bad idea. With good hands, your fashion house could become an empire for the high and the might.
Yields Plunge in Treasury Bills Market amid Excess Liquidity. Yields on government instruments trend lower in the secondary Treasury Bills market last week as Central Bank refinanced matured instrument worth ₦59.37 billion via primary market.
Sukuk: Stockbrokers Urge Nigerians to Support FG growth Plan. To support the government growth plan, the Chartered Institute of Stockbrokers (CIS) has urged Nigerians to subscribe to N150 billion Sukuk issued by the Debt Management Office.
At 9,302 COVID-19 cases, Nigeria now third most infested in Africa. The Nigerian Centre for Disease Control (NCDC) has said there is 387 new confirmed COVID-19 cases, and 2 deaths have been recorded. The NCDC confirmed that this has taken total confirmed cases to 9,302.