Tuesday, April 7, 2020 Listing of the FGN Savings bond March 2020 issue Dealing Members are hereby notified that the Federal Government (FGN) Savings Bond, March 2020 Issue were on Friday, 3 April 2020 listed on the Official Daily List of The Nigerian Stock Exchange….read more. Nigeria to borrow $6.9bn from World…
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Monday, April 6, 2020 Dangote Cement to raise N100bn in fresh bond Dangote Cement Plc has said it is seeking to raise up to N100bn from the bond market under its N300bn Debt Issuance Programme……read more. Electricity: Gas shortage stalls 10,362MW in three days In three days, April 2 to April…
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Friday, April 3, 2020 COVID-19: 637 Europeans evacuated, Reps make case for aviation workers A total of 637 Europeans were on Thursday evacuated through the Murtala Muhammed International Airport, Lagos. While 238 Germans were evacuated by Lufthansa, Air France evacuated 399 French and Dutch citizens; 142 were earlier picked from Cotonou, the…
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Wednesday, April 1, 2020 Nigeria, South Africa, others seek debt relief from World Bank The ministers of finance from African countries have called for debt relief from bilateral, multilateral and commercial partners to cushion the negative impact of the coronavirus pandemic on the economies of countries within the region….read more. Banks…
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The 2020 Nigerian stock market ASI YTD crash began on Thursday, February 27. The NSE ASI fell by -0.13% YTD that day to 26,808.24 index points after a global market recognition as “THE WORLD’S BEST PERFORMER” with a positive price return of 4.22%. Some labeled the crash as “BLOODY VAL” that started the ASI YTD…
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Wednesday, April 1, 2020 Lagos, Ogun, FCT may lose N1.6tn to lockdown – Investigation At least N1.62tn is expected to be lost in terms of monetary output by businesses and firms as a result of the two-week restriction of movement imposed on Lagos, Ogun and the Federal Capital Territory by the Federal…
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Tuesday, March 31, 2020 Oil price plunges to $22, lowest in 18 years The international oil benchmark, Brent crude, plunged to its cheapest in 18 years on Monday as it traded around $22 per barrel. This comes amid growing fears that the global coronavirus shutdown could last months and demand for fuel could decline further…..read…
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Wednesday, March 18, 2020 Capital Market Stakeholders Urge FG to Incentivize Commodity Trading The federal government has been urged to incentivize the trading of commodities through the provision of high-quality seedlings to farmers among others, saying it will impact positively on the Nigerian economy…read more Vetiva Projects Higher Revenue, Profit for Dangote Cement in 2020…
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Tuesday, March 17, 2020 Zenith Bank pays N87.9bn dividend The shareholders of Zenith Bank Plc have unanimously approved the proposed final dividend of N2.50 per share, bringing the total dividend payment for the 2019 financial year to N2.80 per share with a total value of N87.9bn…read more Wema Bank to support women businesses with grants…
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First Bank in merger talks with local, foreign banks First Bank Plc may have opened merger talks with some other Nigerian and foreign banks ahead of the banking industry recapitalisation plan of the Central Bank of Nigeria…read more Oil crash: Nigeria may lose $8.63bn in six months Recession looms, say LCCI, PENGASSAN, NUPENG,…
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