Browsing: Tellimer

The Nigeria’s key economic indices have been in bad shape before the outbreak of coronavirus

There is an indication that Nigerian banks are making gradual shift to Universal Banking Model

An Emerging market investment firm, Tellimer, has said that Eurobond issuance is unlikely

Analysts Downgrade JUMIA to Sell for Taking Profit on Irrational Exuberance. Analysts at Tellimer have downgraded Jumia, a leading African focused e-commerce giant to a sell after what the emerging market investment firm accused the firm from taking profit on irrational exuberance.

Banks Debtors in Trouble as CBN Activates Inter-bank Debits. Guidelines will improve repayments, reduce NPL ratios, serve as credit profiling tool and improve private sector credit

‘Economic, Regulatory Pressures to Suppress Banks Q2 Earnings by 8%’. Amidst concern for economic recession which has generally clouded earnings outlook for 2020, analysts have estimated 8% cuts in banks second quarter earnings.

“Growth to Remain Stagnant if Nigeria Continues to Prioritise FX Stability”. Patrick Curran, a Senior Economist at Tellimer, an emerging market focus investment firm has said Nigeria is muddling through the new normal.

CBN Debits Banks Ahead of FX Auction for Third Time in 2020. The Central Bank of Nigeria (CBN) has debited 26 banks a total of ₦216.1 billion, attributed to the CRR (Cash Reserve Ratio) compliance requirement.

LDR, CRR: CBN Limits Banks Liquidity to Manage FX Pressure. Analysts have explained that the Central Bank of Nigeria (CBN) policies is putting banks on tight corner follow serial debits for failure to meet loans to deposits ratio target.

‘Policy Rate Cut Unlikely To Move Yields in Fixed Income Market’. Analysts at Tellimer have said the monetary authority decision to slash the policy rate by 100 basis points is unlikely to move yields in the fixed income market.