Are Nigerian Pension Funds killing the stock market?
As of the end of the third quarter of 2020, the Nigerian Stock Market was down 0.04% YTD. It had been the 8th consecutive month of negative YTD returns for one of Africa’s largest…
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Official: Twitter is banned in Nigeria, browser and app stops connecting.
Microblogging social media application Twitter is officially banned in Nigeria. this follows an announcement on Friday by the Federal Government that it was suspending the popular…
Official data reveals massive shortage of forex inflows via the CBN in 2020
A total of $43 billion in foreign currency flowed through Nigeria’s central bank as outflows in the whole of 2020, latest data from the Apex bank shows. This compares to the $66…
Ratings company, Moody’s reveals it’s reviewing First Bank’s rankings
Moody’s Ratings company stated on Thursday that it has put First Bank of Nigeria on evaluate for a downgrade after the central financial institution sacked the board of…
GTB reacts to information on adjustments in administration
A significant Management restructuring is on the remaining levels of completion at Guaranty Trust Bank, one in every of Nigeria’s most revered business banks.Sources with…
How Honeywell intends to paydown its First Bank loans
The Covid-19 pandemic interrupted Nigeria’s U-shaped restoration from the 2016 recession. As a consequence, 2021 has solely seen jobless development and excessive inflation that…
New Management set to take cost at GT Bank as record of appointment and exit leaks
It seems that the Nigerian aviation sector has defied the norms, as about 23 airways (traders) are at the moment searching for to start out their operations in probably the most…
MTN publish N385.3 billion in revenues in 3 months as Nigerians guzzle information
Nigeria’s largest telecoms community, MTN posted income of N385.3 billion representing a 17% enhance from the N329.1 billion reported in the identical interval in 2020.The…
First Bank shares in excessive demand as CBN sack sways buyers
Everything appeared properly on the twenty seventh of April 2020 after FBN Holdings accomplished its Annual General Meeting held on the Oriental Hotel Lekki. Following the AGM, the…
Why CBN sacked board of First Bank
Everything appeared effectively on the twenty seventh of April 2020 after FBN Holdings accomplished its Annual General Meeting held on the Oriental Hotel Lekki. Following the AGM,…