Investors Overbid for DMO’s First Bond Auction in Q3. The Debt Management Office (DMO) first quarter bond auction in the third quarter was oversubscribed 3.6 times by investors. As expected, Chapel Hill Denham said the first bond auction drew substantial bids from investors as subscription level re

Jaiz Bank Earnings Jumps 44% on Account of Improve Fee as Mudarib. Jaiz Bank Plc reflated its first half earnings by 44% despite the outbreak of coronavirus pandemic on the global economy.

Naira Repricing Likely as Weak FPI Appetite for OMO Bills Worsen FX Outlook. Naira repricing is more likely as weak foreign portfolio investors (FPI) appetite for Open Market Operations (OMO) bills would worsen currency outlook, Cardinalstone, a multi-assets investment management firm stated this in

We Worry About Efficiency of Access Bank Plc – Analysts. Equity research analysts at Cardinalstone Limited, an investment management firm, have expressed worry over efficiency of Access Bank Plc in financial year 2020.

FIRS Clarifies Stamp Duty Rates, Order Charges on ₦10,000 ‘Credit Alerts’. The Federal Inland Revenue Service (FIRS) has explained stamp duty rates applicable to various transactions, says that there is charges on every ₦10,000 credit received into banks customers accounts. 

Regulatory Risks Cloud Outlook of Nigerian Banks – Meristem. Following the decision of the Monetary Policy Committee (MPC) to hold key macroeconomic parameters, including the cash reserve ratio, analysts have remarked that regulatory risks continue to cloud the outlook of the Nigerian banking sect

Analysts Predict CRR Debits for Banks after July Bond Auction. Analysts have predicted that the Central Bank of Nigeria could likely carry out what they call routine cash reserves ratio debits on banks after the July Bond auction settles this Friday.

Covid-19: Samsung and MTN Donates Smart Phones and Data to FG

FirstBank Convenes SMECONNECT WEBINAR, Promotes Growth of The Educational Sector First Bank of Nigeria Limited, Nigeria’s premier and leading financial…

Fidelity Bank appoints Nneka Onyeali-Ikpe MD-designate Fidelity Bank Plc has notified the Nigerian Stock Exchange (NSE) and the general public…