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Intraday Update: Nigerian Equities up +0.05% on Gains in Consumer Goods Sector

February 21, 2018/InvestmentOne Report ASI as at 12.00pm: +0.05%.  Market movers: JAPAULOIL (+5.71%), NASCON (+4.75%),  FCMB (-4.98%), STERLNBANK (-4.97%). Sector Performances: Consumer Goods (+0.13%), Banking (-0.04%), Industrial, Oil & Gas. … Read more »

Key Take-Away from CBN’s ICG and Dividend Payout Policy

February 21, 2018/InvestmentOne Research On the 31st of January 2018, CBN released its amended internal capital generation and dividend payout policy. Below we summarize key take away from the policy into… Read more »

Budget Underperformance by the Month

Culled—Proshare February 21, 2018/FBNQuest Research The CBN’s latest monthly Economic Report (for November) confirms much of the newsflow and official commentary on the public finances. For the 12 months to… Read more »

CBN: The Two Notions of Capital

Culled—Proshare February 21, 2018/Proshare Research Prelude  Recently, the Central Bank of Nigeria published a circular introducing measures. That serves both as a perquisite and also dictates how residue owners of… Read more »

CSR: UBA Foundation Brings Comfort to Students of Usman Danfodiyo University, Commissions Link Bridge

February 21, 2018/UBA Foundation UBA Foundation, the Corporate Social Responsibility Arm of Pan- African financial institution, United Bank for Africa (UBA) Plc, has completed the construction of a pedestrian bridge… Read more »

Bitcoin nearly doubles in value from year’s low hit in early February

20/2/2018/Reuters Gertrude Chavez-Dreyfuss Bitcoin hit a three-week high on Tuesday and has surged nearly 100 percent from its lowest level this year, as its recovery continued after South Korea’s financial… Read more »

ETHIX-Net Delivers A New Generation Of Online Banking

Culled—Proshare 20/2/2018/Mondo  Kuwait Finance House Goes Live With (ITS) ETHIX-Net – Alkheshnam International Turnkey Systems Group (ITS), the market leading provider for comprehensive Islamic financial solutions suite, has announced the… Read more »

17.31bn Litres of PMS Imported, Consumed in 2017-NBS

20/2/2018/NBS The petroleum products importation statistics for 2017 reflected that 17.31 bln litres of premium motor spirits (PMS), 4.28 bln litres of automotive gas oil (AGO), 340.33 mln litres of… Read more »

FirstBank launches its virtual community for women

February 21, 2018/FirstBank Barely two months after First Bank of Nigeria Limited celebrated the one year anniversary of FirstGem, its life style offering for women, the Bank has announced the… Read more »

Oil Prices Diverge On Mixed Data – OilPrice Intelligence Report

Culled–Proshare February 21, 2018/  In today’s newsletter, we will take a quick look at some of the critical figures and data in the energy markets this week.  We will then… Read more »