- Naira Appreciates to N1,356 as Foreign Reserves Reach 2009 High
- Nigerian Exchange Index Sinks as Investors Lose N984bn
- Bitcoin Price Tops $67k as Investors Return to Positions
- Zcash Soars by 25% as Emergency Security Fix Boosts Optimism
- Inflation, Interest Rate Headwinds Weigh on Midyear US Credit Outlooks
- Nairobi Securities Exchange Climbs on Automobile, Telecom Stocks Rally
- Nigeria’s Headline Inflation Rate Climbs to 15.93% in May
- Ethereum Gains 9% as Bitmine Immersion Tech. Boosts Holdings
Stanbic IBTC: Stronger Prudential Ratios Attract Analysts Buy Rating. Ahead of its second quarter of financial year 2020 earnings release, analysts have rated Stanbic IBTC Holdings Plc a Buy on account of stronger prudential ratio.
Revenue from Oil Could Only Finance 8.78% of Nigeria’s Budget 2020
Analysts Express Concern over GTB High Foreign Currency Exposure. Guaranty Trust Bank (GTB) Plc high foreign currency loans exposure is now a downside risk to the lender’s earnings expectation in 2020, and analysts have expressed concerns.
DiamondXtra season 12: Access Bank splashes N87.74m on 1,000 customers Access Bank Plc on Wednesday splashed N87.74 million on over…
With the rampaging coronavirus and associated impacts on the economy, analysts have stated
CBN’s LDR, CRR Debits Diametrically Opposed Policies – Analysts Cardinalstone, a leading multi-assets investment firm, has explained that the Central Bank of Nigeria’s discretionary cash reserve ratio debits is diametrically opposed policies.
Resumption of FX Sales Could Renew Foreign Sell-Offs in Equity Market
Investors Overbid for DMO’s First Bond Auction in Q3. The Debt Management Office (DMO) first quarter bond auction in the third quarter was oversubscribed 3.6 times by investors. As expected, Chapel Hill Denham said the first bond auction drew substantial bids from investors as subscription level re
Jaiz Bank Earnings Jumps 44% on Account of Improve Fee as Mudarib. Jaiz Bank Plc reflated its first half earnings by 44% despite the outbreak of coronavirus pandemic on the global economy.
Naira Repricing Likely as Weak FPI Appetite for OMO Bills Worsen FX Outlook. Naira repricing is more likely as weak foreign portfolio investors (FPI) appetite for Open Market Operations (OMO) bills would worsen currency outlook, Cardinalstone, a multi-assets investment management firm stated this in
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