Wealth.ng
Home Blurb

Blurb

Analysis of companies, stocks, investments, products and services, economy, budgets, business decisions in the Nigerian economic space.

Analysis: Is First Bank’s acquisition of Heritage Bank and Polaris Bank a game changer?, Coronavirus: FirstBank deploys measures to protect employees, customers and other stakeholders

Analysis: Is First Bank’s acquisition of Heritage Bank and Polaris Bank a game changer? 

FirstBank Ltd, Nigeria’s oldest bank has in so many ways stood the test of time.
Fitch downgradesS&P downgrades Nigeria, Nigeria’s credit rating faces downgrade by Fitch, Oil price crash, Coronavirus: The trouble that lies ahead for Nigeria, Avoiding 2016: What Nigeria should do to fight the coming economic storm, Fitch downgrades, federal government (FG)

Oil price crash, Coronavirus: The trouble that lies ahead for Nigeria

In Nigeria, Coronavirus possesses a different kind of imminent threat which could cost economies even more.
Nigerian stocks record worst quarterly drop since 2009

What to do now that the economy is “crashing”

A butcher's penthouse full of dollars just exploded and it’s raining dollars. All you need to do is focus on catching as much as you can if you can.
Stock market gains N110.7 billion on Friday trade session , Investors lose N153.6 billion on Monday as ASI dip 1.05% , Top Nigerian stocks, too cheap to ignore, Nigeria bourse crash analysis, Nigerian bourse loses N2 trillion in value in Q1 2020, as oil plunged 65% QOQ

NSE: The reign of the bears persists

The stocks performances revealed that all banking stocks recorded a dip in their stock prices.
Zenith Bank GMD Ebenezer Onyeagwu, Central Bank of Nigeria, CBN's loan-to-deposit ratio policy, Nigerian Stock Exchange NSE stocks, Banks in Nigeria, Deposit Money Banks in Nigeria, Zenith Bank collaborates with fintechs, but insists it is not scared to compete with them, Zenith Bank sets withdrawal limit for customers, as dollar sells for N400

Technical Analysis of Zenith Bank for 9th March 2020

Zenith bank which is currently the second-largest bank in Nigeria with a total asset size of about N6.3 trillion naira as at December 31,...
What does Coronavirus outbreak mean for investors?

What does Coronavirus outbreak mean for investors?

The Coronavirus outbreak is alarming public health authorities, spooking the global equity markets and sinking stock markets into the red.
Fitch downgradesS&P downgrades Nigeria, Nigeria’s credit rating faces downgrade by Fitch, Oil price crash, Coronavirus: The trouble that lies ahead for Nigeria, Avoiding 2016: What Nigeria should do to fight the coming economic storm, Fitch downgrades, federal government (FG)

S&P downgrades Nigeria

S&P Global Ratings agency has downgraded Nigeria from stable outlook to negative.
Helicopter money

Will CBN consider Helicopter money?

Helicopter money is an unconventional tool of monetary policy that involves printing large sums of money and distributing it to the public.
The global economic effects of coronavirus

The global economic effects of Coronavirus

The effects of coronavirus are now being felt worldwide — from supply chains to price of crude oil and copper and global stock prices tumbling.
Nine funds that joined the league of mutual funds in 2019, Nigeria’s best performing mutual funds in 2019

New Gold ETF, Vetiva, others lead best performing mutual funds in 2019

Knowing how good or bad your mutual fund is doing in comparison with its peers, (peer comparison), helps you to know if you should continue with your current investment manager or not.

Popular

Events that shaped FinTech industry in 2019

No distruption to dispute management activities- Interswitch

Interswitch assures that our transaction support operations continue to run without any hitches,
Odion

Modion Communications campaigns clinch two highly coveted SABRE Awards

Modion Communications, announced that two of its campaigns have won the SABRE Awards, Africa's most coveted prize in Public Relations
IMF says it can mobilize $1 trillion loan to help countries counter Coronavirus,COVID-19: 10 new cases as total figure rises to 224.

COVID-19: Lagos discharges 5 more patients

The Nigerian Centre for Disease Control (NCDC) has announced 10 new confirmed cases of the Coronavirus infection in Nigeria.  
TEF Entrepreneurship programme and TEF forum postponed till 2021

TEF Entrepreneurship programme, Forum postponed till 2021

TEF to postpone the 2020 TEF Entrepreneurship Programme AND TEF forum until 2021 in response to the current global COVID-19 pandemic,
CBN Cashless Policy: Reps eye reversal, Finance Bill: Reps to hold separate hearing today , 40% of Nigeria’s national budget must be voted to capital expenditure - Gbajabiamila , Why Reps will probe Glo, 9mobile, others, House of Representatives postpones President Buhari’s $22.79 billion loan request indefinitely,COVID-19: House of Reps to consider bill for 2-months free electricity supply

COVID-19: House of Reps considers 2-months free electricity supply bill for Nigerians

The lower chamber of the National assembly is considering a bill that will allow Nigerians to enjoy electricity for two months without any charges.