- SK Hynix Tokenised bStocks Dips on Market-Wide Riskoff
- Lagos Set to Open N200 Billion State Bond for Subscriptions
- NMDPRA Seals Filling Stations Over Petrol Under-Dispensing
- MTN, Aradel Selloffs Drag NGX Index, Investors Lost N1.33trn
- Bond Yields Rise to Multi-Decade Highs in U.S., UK, Others
- FG Markdown Petrol Price for 30 Days as Subsidy Debate Heats Up
- Power Generation Utilisation Hits 81% in September-NERC
- China’s AI Stack May Support Expansion into Cost-Sensitive Markets
Analysts advocate reforms, say CBN’s impossible trinity pursuits unsustainable. The Central Bank of Nigeria seems to have demystified the impossible trinity but experts at WSTC Securities Limited has put question mark on its sustainability.
“FG better placed collaborating with private sector to bridge infrastructure deficit”.
Union Bank reflates earnings, to pay first dividend since 2008. Union Bank of Nigeria Plc has raised earnings performance bar, with gross income coming at ₦159.9 billion, representing a 14% uptick when compare with ₦140.1 billion reported in 2018.
Increased foreign exchange interventions drain external reserves – Analysts. Analysts WSTC Securities Limited has connected the downward slope in gross external reserves amount to an increased intervention of the Central Bank of Nigeria in the investors and exporters (I&E) window.
Equities market gains ₦5.6 billion as investors bargain undervalue stocks. The equities segment of the Nigerian Stock Exchange maintained its gaining streak as investors bargained on undervalued stocks.
CBN tightens regulation on MFBs, recommend ban on speculative, FX activities . The Central Bank of Nigeria has issued the revised supervisory and regulatory guidelines for micro finance banks in Nigeria to support the development and sustainability of the sector.
IMF makes available $50 billion to help address Coronavirus The International Monetary Fund (IMF) is making available about US$ 50…
Zenith Bank emerges most valuable banking brand, again Zenith Bank Plc, Nigeria’s leading financial institution, has again emerged as the…
AFEX Commodities Exchange Ltd on Wednesday signed a Memorandum of Understanding with the Financial Market Dealers Quotation (FMDQ) to expand access to finance for the country’s agricultural sector.
DANGCEM: How competition, expired pioneer tax credit affect 2019 result. Dangote Cement Plc had it tough in 2019 with excess capacity brought into the market by its major competitors.
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