FX: CBN sells $10bn to defend Naira in fourth quarter of 2019. The apex bank in the country has said it sold the total sum of US$9.98 billion to authorised currencies dealers in the fourth quarter of 2019.

Slack revenues: FG records N1.14 trillion deficits in Q4 2019. On the back of dwindling revenues, the Central Bank of Nigeria has revealed in its economic report that Federal Government’s total expenditure was more than total receipts by about N1.4 trillion in the fourth quarter (Q4) of 2019.

CBN launch 5-Year Contracts to boost FX inflow as average T-Bill yields drop. The Central Bank of Nigeria has introduced forty seven new monthly future contracts to boost foreign exchange inflows.

Stock market bearish amid sell-off on bellwether stocks. The Nigerian equity market sustained the losing streak last week, as bearish sentiment prevailed in three of the five trading sessions, following persistence sell-off in bellwether stocks.

Law firm tasks CBN on CIFI, seeks funding for Photographers, Dancers other artists. Banwo & Ighodalo , a leading law firm, has asked the Central Bank of Nigeria’s (CBN) to

AXA mansard to divest pension, real estate businesses. Amid recapitalisation effort of the insurance sector, AXA Mansard Plc has taken move to divest its pension and real estate business lines.

Guinness: Poor demand, cost pressure douse positive vibes as investors dump stock . Guinness Nigeria Plc is growth starved but there are positive vibes in its first half of financial year 2020 result

EFG Hermes bearish on Guinness NG, bullish on GTB, says Nestle best non-bank name. Apparently unimpressed by its performance, EFG Hermes revealed it has added Guinness Nigeria into sell lists for 2020.

M&A: Investment firm places Unity, Heritage, Keystone Bank on watch list

Unease as external reserves fall to $37.66bn, edge toward resistance level. The latest figure on the Central Bank of Nigeria website