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There was a bullish run in the stock market today amid rising coronavirus cases
As COVID-19 continues to knock off value from the global market, the Nigerian Stock Exchange
Access Bank realised post-merger synergies, plan presence in major trade hubs
The Nigerian Treasury Bills market started off with panic sell-offs across the yield curve
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.
Analysts have painted a gloomy future for Nigeria’s economy due to the recent oil shock
Access Bank earnings pick as lender builds Pan-African footprint
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.
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.
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.
