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CBN Tackles Excess Liquidity with OMO, Yields Weaken

Culled—Proshare July 19, 2018/Zedcrest Capital  KEY INDICATORS Indicator Value Commentary Inflation 11.61% NBS postpones release date for June 2018 CPI & Inflation report to July 23, 2018. Expectations range between… Read more »

All AMCON Debts Must Be Recovered Before Sunset–House of Reps

July 19, 2018/AMCON Barely one week after the Senate Committee on Banking, Insurance and other Financial Institutions called on Gen. Muhammadu Buhari Rtd., President of the Federal Republic of Nigeria… Read more »

ETI Says H1 2018 Post-Tax Profit Up 36.6% to N51.5 Billion

July 19, 2018 By InvestAdvocate Lagos (INVESTADVOCATE)-Pan-African lender, Ecobank Transnational Incorporated (ETI) on Thursday said its  profit after tax for the Half-Year (H1) period ended June 30, 2018 grew 36.6 percent… Read more »

NSE Issues Effective Date of Rules to Listing of Sukuk and Similar Debt Securities

July 19, 2018/NSE Please be advised that The Exchange has received the Securities and Exchange Commission’s approval to the Rules set out below. Notice is hereby given that the following… Read more »

Ecobank Nigeria Names Patrick Akinwuntan Managing Director Designate

July 19, 2018/Ecobank Nigeria The Board of Directors of Ecobank Nigeria Limited is pleased to announce, the appointment of Patrick Akinwuntan as the Managing Director designate of Ecobank Nigeria, subject… Read more »

Capital floods in for flourishing African fintech and payments sector

Financial transactions made via the internet or a mobile phone are expected to grow from US$200m at the moment to an eyewatering US$3bn by 2020July 19, 2018/TMT Finance Close to… Read more »

GTBank Lagos State Principals Cup Season 9 Finals Underway

July 19, 2018/jspcmmunications Foremost financial institution, Guaranty Trust Bank is set to hold the finals of the GTBank-Lagos State Principals Cup on Thursday 19th July at the Agege Stadium, Lagos…. Read more »

‘An Important Day For Nigeria’ — FG Unveils Name, Logo Of New National Carrier In London

18/7/2018/Sahara Reporters igeria’s new carrier to begin operations in December 2018 will be known as Nigeria Air, Hadi Sirika, Minister of State for Aviation, revealed in London on Wednesday. Sirika… Read more »

BEST PRACTICE: When Does The SEC Suspend Trading In A Stock?

Culled—Proshare 18/7/2018 By US SEC Investor Ed ‏ The United States SEC Office of Investor Education and Advocacy issued this Investor Bulletin to help educate investors about the SEC’s rules… Read more »

Namibia Secures ZAR 3 Billion Budget Support Loan from AfDB

July 19, 2018/AfDB The Board of Directors of the African Development Bank has approved a loan of US$ 217.8 million (ZAR 3 billion) to finance the second phase of the… Read more »