The Nigerian Treasury Bills market started off with panic sell-offs across the yield curve

Tier-1 Banks Pull ₦775 Billion Profits as Total Assets Hit N30 Trillion. Despite the slow growth in the economic, Tier-1 Banks were able to make the earnings season an impressive one.

Zenith Bank spreads into retail lending, says won’t fly M&A for managerial hubris. Zenith Bank Plc. has said that retail banking is now its major focus as the management pitched organic growth strategy.

Nigeria’s Capital Importation, Trade Data signpost Worsening External Conditions – Afrinvest. Afrinvest a leading investment banking firm, has stated that capital importation and trade data signpost worsening external condition.

FX: Weaker fundamentals may force currency repricing in 2020 – Cardinalstone. On the back of latest developments in the global economy, analysts at Cardinalstone Partners Limited have said that the weaker fundamentals may force currency repricing in 2020.

FBN softens speculation on M&A with Heritage, Polaris. First Bank of Nigeria (FBN) limited has downplayed the speculation over merger with Heritage and Polaris Bank Limited

Expected open market price of PMS now ₦112.26

GTBank announces Holdco plan, says it’s ready to go into price war for loans. Segun Agbaje, the Group Managing Director and Chief Executive Officer at Guaranty Trust Bank Plc. has announced lender’s plan to adopt holding structure to accommodate its diversification objective.

Dividend King: Nestlé Nigeria strong payout excites investors Nestle Nigeria Plc, the dividend king that pays shareholders N70 per share…

Food prices have been on the rise, and some market observers suggest that this is not unconnected with the land border closure policy.