FGN Bonds: Bearish Sentiment Resurface as Average Yield Advances. Bearish

Analysts Challenge CBN to Address FX Rates Confusion. Analysts at Chapel Hill Denham Limited have tasked the Central Bank of Nigeria to come clear and state applicable FX rates for official use across segments.

FIDSON Healthcare Primed for Gains as ‘Virus’ Boosts Earnings. FIDSON Healthcare Plc is primed for more gains as coronavirus outbreak impacts demands, augments sales for healthcare products.

Asset Quality: Banks to Raise Impairment Charges on Credit Losses. The United Capital Plc, a leading investment banking firm headquartered in Lagos, said it expects non-performing loans (NPL) in the banking sector to increase significantly due to substantial exposures to hardest sector.

Analysts Estimate Moderate Dividend Payout for Banks Against the backdrop of development in the economy, experts have said that there…

FG moves to actualize N43.24 billion Ibadan Inland Dry Port Talks between Federal Government and China Railway Construction Corporation Limited…

Foreign Exchange Inflows into IEW Drops Strongly in Q2. Foreign exchange accretion into the Importers and Exporters Window went southward in the second quarter of 2020.

CBN Moves to Converge FX Rates to Raise Average Price Level. The Central Bank of Nigeria moves to achieve convergence in the foreign exchange market will raise headline inflation, FSDH has said.

Union Bank to Support Communities with Portable Water. Union Bank of Nigeria (UBN), said on Friday that it would provide potable water to six different communities in the six geo-political zones in the country as part of its support and Corporate Social Responsibility to Nigerians.

Official FX Rate Devaluation Raised Nigeria’s Debt to ₦28.6trn. The National Bureau of Statistics stated that total public debt portfolio of the Federal and State Governments as of March 31 stood at ₦28.63 trillion from ₦27.4 trillion in December, 2019.