Naira Gains as Traders Reduce FX Exposure ahead of CBN Auction. Naira appreciates Tuesday as currency traders reduce exposures ahead of the Central Bank of Nigeria weekly intervention sales resumption starting on September 07, 2020.

Savings Deposit Rate Cut to Relief Banks Funding Pressure. Analysts have said that the reduction in savings deposit rate will provide a momentary relief for Nigerian banks amidst earnings pressure.

Guinness Nigeria Stock Cuts to Neutral as Impairment Losses Damage Earnings

MAYBAKER: Earnings Growth Signals Better Value for Shareholders Analysts say May and Baker (ticker: MAYBAKER) earnings growth signal better value…

IFC Supports Engee Limited with $39 million to Build PET Resin Plant IFC today announced a $39 million financing package…

NSE Sustains Bullish Trend for Second Months

Economic Growth: Heritage Bank to Supports Youth Entrepreneurs Heritage Bank Plc says it will support youths entrepreneurs to grow businesses either as start-ups or prospective owners amid…

FCMB: CBN Debits Put Pressure on Lender’s Earnings Outlook

Coronation Merchant Bank has said that Nigeria’s public finance works well only when prices of oil are above $50 per barrel.

Chapel Hill Denham Analysts ‘Bet Large’ on MTNN, Airtel Stock