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Tag: SEPLAT 9M 2019 results

Seplat commences $700 million gas plant construction, Vitol Energy transfers 4.63 million shares to Seplat , Seplat, Three more companies announce their closed period ahead of Q3 financial result , Seplat’s 9 months revenue dips by 11.5% according to latest earnings report, Earnings quality undermined by missed output, oil shocks, Firm issues warning over Seplat Petroleum’s acquisition of Eland Oil & Gas 

Earnings quality undermined by missed output, oil shocks

Meristem -
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NEITI, Solid minerals, Nigeria achieves 55% increase in oil earnings for 2018 - NEITI

Nigeria achieves 55% increase in oil earnings for 2018 – NEITI

Chike Olisah -
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NEITI has announced that Nigeria earned a total of $32.63 billion from the oil and gas sector in 2018.
Foreign exchange market, Nigeria’s fixed income & money market update ending 13th March, 2020, Why the s, CBNtrong dollar is giving Nigeria headache, Nigerian banks broadly positive after Naira devaluation

Nigerian banks broadly positive after Naira devaluation

Olumide Adesina -
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The CBN recently adjusted the rate in the Investors and Exporters Foreign exchange window to N380/USD from the N364 to N370.
Nigeria’s GDP picks up to 2.28% y/y in Q3-19

Nigerian Banks reduce dollar spending limits as forex scarcity rises

Olumide Adesina -
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Many Nigerian banks are reducing how much foreign currency customers can spend abroad as concerns over the impact of the COVID-19 pandemic and drop in crude oil prices worsens Nigeria’s currency situation.
PWC Chief Economist offers FG solution to help self-employed, informal sector affected by Coronavirus

PWC Chief Economist profers solution to help self-employed, informal sector amidst Coronavirus

Fakoyejo Olalekan -
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The Chief Economist of PWC, Andrew Nevin, has the Nigerian government needs to look beyond offering tax relief to businesses in the country and consider measures taken by the likes of the United States and United Kingdom.
CBN orders DMBs to set deadline for cheques

CBN temporarily suspends cheque clearing during Coronavirus lockdown

Emmanuel Abara Benson -
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The Central Bank of Nigeria (CBN), on Monday, announced that all deposit money banks in the country and the Nigerian Interbank Settlement System (NIBSS) are to suspend the clearing of all cheque instruments in the Nigerian Clearing System, starting from today March 31st, 2020.
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