Neither Buy, nor Sell Stanbic IBTC Share, Analysts Advised Investors. Stanbic IBTC Holdings Plc posted an impressive first half of 2020 result underpinned by double-digit growth in the bottom line amidst economic challenges worsen by COVID-19 pandemic.

CBN to Commence Phase Implementation of Basel III Accord. The Central Bank of Nigeria (CBN) has revealed plan to commence phase implementation of third Basel accord or Basel III standard to ensure safety and soundness of financial service risk management system.

Bond Market Investors Raise Position on Short-term Instruments. Amidst uncertainties in the economy, investors remained largely bullish in the bond market but with record interest in short-term instruments.

Naira Depreciates Despite Foreign Exchange Sales Resumption. Against expectation, the Nigerian local currency, naira, depreciates despite the resumption of the apex bank weekly intervention foreign currency (FX) sales.

Sustained Bullish Outing Lifts NSE Cap to ₦13.35 trillion. Sustained bullish activities reflated the performance of the Nigerian equities market amidst various economic challenges. 

Nigeria’s Public Debt Profile Escalates to ₦31trn in June, 2020. Nigeria’s total public debt expanded to N31 trillion in the first half of 2020 amidst growing concerns in the economy about attendance cost of servicing the obligation and its sustainability.

Brent Crude Drops to $38.99/Barrel amidst Rising Stockpiles…

How to Raise Loan to Finance Your IT Business from Access Bank. Technology is the future of mankind. Those that have the information technologies skills have one thing in common: they always end up as an IT business owners.

SMDP: FirstBank Promotes Staff, Graduates Career Development. First Bank of Nigeria Limited, Nigeria’s leading financial inclusion services provider, has graduated 12 successful candidates in the third edition of its Senior Management Development Programme (SMDP).

Fixed Income: Investors to Maintain Preference for Short-term Offers Analysts at Chapel Hill Denham said investors are likely to continue…