We See Stronger Market Recovery if CBN Solves FX Illiquidity – Analysts

Berger Paints: Uninspiring Earnings to Dampen Shareholders Return –Meristem

Banks’ Provisions for Retail FX Auction Could Pressure Funding Rates

AFDB President seeks a second term “to serve Africa”

Onyeagwu Seeks Expansion of Non-Oil Exports Post COVID-19. The Group Managing Director/Chief Executive of Zenith Bank, Mr. Ebenezer Onyeagwu has called for a concerted effort towards diversifying the country’s export base through the promotion of non-oil exports.

KPMG to Release Digital Channels Ranking for Nigerian Banks. KPMG Professional Services, says it will release Digital Channels ranking for Nigerian banks to urgently scale up on capabilities to deliver products and services via digital channels.

Oil: U.S Output Cuts, China Trade Deal Raise Brent Prices. Brent crude oil prices rose on Wednesday, lifted by U.S. producers shutting most of their offshore output in the Gulf of Mexico ahead of Hurricane Laura and optimism over China-U.S. trade talks.

CBN Moves against Non-Repatriation of Exporters’ FX Proceeds. The Central Bank of Nigeria (CBN) has directed all banks in the country to submit the names, addresses and Bank Verification Numbers (BVN) of exporters that have defaulted in repatriating their exports proceeds for further action.

Voice of Nigeria Season 3: FirstBank Partners UN1TY Media to Promote Nigerian Music

UACN: Virus-induced Operating Loss Insults Restructuring Efforts. The Coronavirus outbreak disrupted United African Company of Nigeria’s (UACN) restructuring effort earlier seeing in the year, but analysts still maintain positive sentiment on its earnings outlook.