Uncategorized Subscribe to Uncategorized

NSE Promotes Ms. Tinuade Awe Executive Director, Regulation

January 15, 2018/NSE The Nigerian Stock Exchange (“Exchange” or “NSE”) announced today the promotion of Ms Tinuade Awe to Executive Director, Regulation with effect from 1 January, 2018. Her appointment… Read more »

Slight profit taking as bond yields hit key support levels

Culled—Proshare 8/1/2018/@ZedcrestCapital ***Nigeria Foreign Reserves Reach $40.4B as at Jan. 8 *** Bonds The Bond market traded on a relatively quiet note, with slight sell at the close of market… Read more »

Global Rating Outlooks Most Positive Since Crisis-Fitch

January 8, 2018/Fitch Ratings The prospect of rating upgrades outnumbering downgrades this year and next is higher than at any time since the financial crisis, Fitch Ratings says in its… Read more »

Fitch: T-Bill Supply Slowdown May Hurt Nigerian Bank Profits

January 5, 2018/Fitch Ratings Nigerian banks may find it more difficult to sustain profitability given the decline in net treasury bill (T-bill) issuance in Nigeria’s 1Q18 issuance programme, Fitch Ratings… Read more »

President Buhari’s New Year Address

January 1, 2017 I join my fellow citizens this morning to welcome and celebrate the New Year 2018. This year promises to be pivotal in our quest for CHANGE.  Unfortunately,… Read more »

FAAC Disbursed N532.76 Billion in November 2017-NBS

December 27, 2017/NBS The Federation Account Allocation Committee (FAAC) disbursed the sum of N532.76bn to the three tiers of government in November 2017 from the revenue generated in October 2017…. Read more »

Ooni of ife, Ozolua partner to tackle malnutrition in Africa

December 27, 2017/TPT International His Imperial Majesty, Oonirisa Adeyeye Enitan Ogunwusi Ojaja II, The Ooni of Ife, has partnered with Empower 54, a non-profit organization, to create awareness and promote… Read more »

Breaking News: George Weah Elected The New Liberia President

December 27, 2017/ The former World Footballer of the Year become the first famous player in the world to clinch the high office of a country after retiring from the… Read more »

New Mozambican rail, port project to open new markets for farm produce, boost regional integration

December 20, 2017/AfDB The African Development Bank is taking the lead in facilitating the takeoff of one of Africa’s largest infrastructure project − the US $ 5 billion Nacala corridor… Read more »

Further Uptick in Bond Yields amidst OMO Resumption and Weak Inflation Results

Culled—Proshare 18/12/2017/@ZedcrestCapital  *** CBN calms anxiety in T-bills market with renewed OMO intervention*** ***Headline Inflation drops by 1bp to 15.90% in November*** KEY INDICATORS Inflation 15.90% Declined by 0.01% in… Read more »