Twitter ban lift: Experts point to Nigerian government as the biggest loser

Nigeria’s external debt servicing gulps $520.78 million in Q3 2021, jumps by 74%

Experts have established that the Nigerian government happens to be the biggest loser considering the general implication of the Twitter ...

Banks' stakeholders express 4 main concerns bothering the sector right now, CBN, MARKET UPDATE: CBN’s historic agriculture lending; Is it yielding the desired results?

CBN waives guarantor requirement for N50 billion COVID-19 loan applications

by Emmanuel Abara Benson

June 13, 2020

67

Applicants to the N50 billion credit facility, who have successfully completed the application processes and submitted their account details, should ...

parallel market, Covid-19: N3.5 trillion disbursed as stimulus package for the Nigerian economy, CBN Vs NESG: Waving the white flag for the benefit of Nigerians, Exchange Rate Unification: CBN devalues official rate to N380/$1, Nigerian banks have written off N1.9 trillion impaired loans in past 4 years, CBN sandbox operations, Stirling Trust Company Limited, Key highlights of the October 2020 Business Expectations Survey Report, A Total of N3.5 trillion was disbursed in the wake of the COVID-19 pandemic, in addition to several other interventions to reflate the economy - CBN, BOFIA 2020: Steps forward or backwards for Nigerian banks, Total credit to the economy rose to N19.54trillion – CBN Governor

CBN debits banks another N459.7 billion for failure to meet CRR target

by Emmanuel Abara Benson

June 7, 2020

6

Sadly, this move, in addition to similar policies by the CBN, has left many banks cash-strapped and unable to pursue ...

Naira’s true worth,Naira gains on the dollar for the first time since March, Naira forwards hit record high as it crashes to N420/dollar in the parallel market, Naira hits N500 to $1 at the forward market, Naira hits N509 to the dollar at forwards market, demand for the U.S dollar climbs up, Naira hits $387.35 to $1 at currency spot market , Naira sells at N456, Nigeria’s Foreign Reserves drop by over $3 billion in Q1 2020, Investors and Exporters (I&E) window, Naira gains against the dollar, CBN close in on currency speculators

Naira gains N68 against $1 at 12-month forward market, as devaluation concerns ease

by Chike Olisah

June 4, 2020

0

The 12-month naira forwards increased to N454.50 per dollar on Wednesday, from a high of N522.56 on April 20.

Despite COVID-19, Lagos state raised ₦163.2 billion in revenue in Q1 2020, N14.9 billion higher than Q1 2019

Despite COVID-19, Lagos State Government says Q1 budget performance rose to N163.2 billion

by Ruth Okwumbu-Imafidon

June 4, 2020

0

This performance, according to the Lagos State Commissioner for Economic Planning and Budget, Mr. Sam Egube, “is higher than the ...

Moving averages, MTN, Stanbic lead Nigerian stocks to a hat trick at Nigerian Stock Market

MTN, Stanbic IBTC lead Nigerian stocks in a hat trick

by Olumide Adesina

June 3, 2020

0

A turnover of 353.32 million shares valued at N7.03billion in 4,659 deals was recorded in today’s trading as FBNH was ...

Value of shares traded by top 10 stockbrokers up 133% despite COVID-19, investors, Raging Bulls lift Brent Crude price by 10%

Nigerian banking stocks remain most liquid stocks, as investors gain N25.1 billion

by Olumide Adesina

June 2, 2020

0

Equity investors on Nigeria’s bourse gained N25.1 billion as market capitalization appreciated by the same margin to close at N12.48 ...

Naira, Unify exchange rates to foster economic growth – NISER , OFFICIAL: Banks charge N368 per dollar for debit card transactions

Naira strenghtens further at the parallel market

by Chike Olisah

May 29, 2020

1

Naira appreciated to N453 to a dollar on Thursday, May 28, 2020, which represents a N2 gain when compared to ...

market's, Bears clawing down on the naira, hits N425 to $1

Bears claw at bank stocks, as CBN cuts interest rate

by Olumide Adesina

May 28, 2020

0

Market turnover finished lower compared to the previous trading session, as total volume and values dipped by 40.13% and 38.60% ...

MTN Nigeria, MTN Nigeria Communications Plc. begins N100 billion commercial paper issuance today, MTN Nigeria Communications Plc: increase in other income, others boost revenues.

MTN Nigeria begins N100 billion commercial paper issuance today

by Olumide Adesina

May 28, 2020

0

MTN Nigeria Communications Plc proposed Commercial Paper Issuance Offer begins today and is scheduled to close on Thursday, June 4, 2020.

Tag: On the Money