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cryptocurrency,Cryptocurrencies and its usage in Africa

Cryptocurrencies and its usage in Africa

Cryptocurrency is basically, a digital currency based on an innovative technology called the blockchain. Its users range from small businesses
Lafarge Africa provides grant for startups, Lafarge Africa’s latest earnings report reveals 8.5% decline in gross profit , Lafarge Africa gets new CFO one month after resignation of former finance director, Lafarge Plc reveals why it invited Italian man with Coronavirus to Nigeria, Lafarage Africa group Plc posts a revenue of N213 billion in 2019, profit up N17 billion

Lafarge Africa Plc posts N213 billion revenue, profit up by N17 billion in 2019

Lafarge Africa Group Plc has announced its 2019 financial report, as it posted a profit before minimum tax of N17.2 billion in 2019, compared to a loss before minimum tax of N1.5 billion in 2018.
Bears dominate Nigeria bourse trading session, ASI down 2.02%

Bears dominate NSE trading session, ASI down 2.02%

The Nigerian bourse All Shares Index / Market Capitalization fell by -2.02% to close at 20,669.38 and N10.771trillion respectively
Dividends announced on the Nigerian stock exchange

List of Dividends announced so far in 2020 (April)

List of Dividends announced so far in 2020 (April)
Crude Oil price war threatens Nigeria's economic stability, Crude oil prices drop as the Saudis and Russia postpone their meeting

Oil prices drop as Saudi Arabia and Russia postpone their meeting

Oil prices dropped on Monday after the Saudis and the  Russians postponed a meeting to discuss potential oil production cuts.
Global stocks tumble on "corona" sell off, BLOODY WEEKS: Coronavirus cost investors N1 trillion, triggers devaluation fears, Global Market Summary on Tuesday, Analysis: The economy is crashing, avoid falling knives,, Debt crisis looms in emerging markets,Debt crisis looms in emerging markets

Debt crisis looms in emerging markets

Emerging market economies could begin defaulting on their bonds in the coming weeks,this is due to the COVID-19 pandemic.
Why Nestle Nigeria’s return remains strong - EFG Hermes, Nestle Nigeria Plc appoints new Director, Nestle Plc: FY 2019 Revenue beats estimate; but profit underperforms

Riding the pandemic wave: Time to stock up

Nestle Nigeria reported Revenue growth of 6.7% y/y to N284.0 billion for FY 2019 from N266.3 billion and post-tax profit growth of 6.2% y/y to N45.7 billion.
Stock, stock, trading, Nigerian-stocks, Nigerian Stock Exchange Weekly Report

Nigerian Stock Exchange Weekly Report

A total turnover of 1.534 billion shares worth N11.267 billion in 18,928 deals was traded last week ending 3rd April 2020 by investors
How your stocks performed last week, Bears rule at the stock market, lose N174.37 billion on Wednesday , Nigerian bourse up 0.54% as Investors gain N63 billionBears dominate Nigerian bourse Index down 0.94%, trading volume remains low,Bears dominate Nigeria bourse trading session, ASI down 2.02%, Bulls lift Nigerian bourse, Index up 1.24%, Investors gain N133 billion

Bears return to global equity markets, Trump’s help boost Crude oil

In Nigeria, the week ended amid rising cases of COVID-19 pandemic, in lieu of the country’s equity market recording another bearish result. 
Dangote Cement, Zenith Bank, shares, stocks, ARM's Shares of fortune, Understanding securities lending, nigerian stock exchange, coronavirus, NSE, Bears return ASI down 0.13% as trading volumes plunge

Bears return ASI down 0.13% as trading volumes plunge

The Nigerian bourse closed on Friday on negative with the Nigerian All Share Index/Market Capitalization down by 0.13% , to close at 21,094.62

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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

Zenith Bank introduces automated voice banking service

Zenith Bank Plc has introduced an automated voice banking service, an IVR solution which enables customers to perform basic banking transactions by dialling a dedicated phone line.
Bears extend reign to crypto market, drops by about 50%, Answering the big Bitcoin question - buy, sell or hold?, Why cryptocurrencies are falling lately, Nigerians passion for bitcoin, Bulls push Bitcoin pass $7200 level

Bulls push Bitcoin pass $7,200 mark

Bitcoin has seen an increase of $500 to its price, after three failed attempts to break above the Fibonacci level (61.8%) at $7200.
charges, USSD, code, Banks, CBN, LDR, CRC Credit Bureau, Disrupting Nigerian banks, MTN’s USSD charge is not with our consent - Banks’ CEOs , Nigerian banks exposed to oil companies debt

Oil firms’ debt status: How it affects Nigerian banks

The financial approach used by Nigeria’s oil companies against lower oil prices will affect their chances of making it through.
COVID-19: FCMB reschedule operations

Covid-19 Update in Nigeria

On the 7th of April 2020, 16 new confirmed cases of COVID-19 were recorded in Nigeria.
Kristalina Georgieva, IMF boss hints at 'synchronized slowdown' in global growth , IMF: 40% of African countries can't pay back their debts , Nigeria worse off, posts grows lower than LIDC benchmark - IMF

IMF considering an “emergency” bailout for Nigeria

IMF considering a massive bailout that could help save Nigeria from a major economic crisis.