Wednesday, September 16, 2020 Low yields push Nigerian banks to expand loan books Some Nigerian banks are aggressively looking to expand their loan books, making it a key performance indicator (KPI) for their relationship officers who are constantly reaching out to individual and corporate customers. This new push by Nigerian lenders comes despite the Covid-19…
DetailsTuesday, September 15, 2020 BREAKING: Nigeria’s inflation rate accelerates to 13.2% in August, highest in 28 months Nigeria’s Consumer Prices Index (CPI), commonly known as inflation, accelerated by 13.22 percent in August 2020, according to data released by the National Bureau of Statistics (NBS) Tuesday morning. This marks the 12th consecutive uptrend since September 2019…
DetailsMonday, September 14, 2020 Daily Headlines Despite e-dividend payment system unclaimed dividend soars – DG SEC Harmonising a single unique identity management system and updating the details of investors are some of the ways the Nigerian capital market is solving the rising issue of unclaimed dividend, according to Lamido Yuguda, director-general, Securities and Exchange Commission (SEC).…
DetailsFriday, September 11, 2020 FG inaugurates N75bn SMEs COVID-19 stimulus schemes The Federal Government on Thursday flagged off two schemes to financially support about 1.7 million micro, small and medium enterprises across the country with N75bn. At a briefing on the flag-off of the National MSME Survival Fund…read more. Naira plunges, exchanges for N440/$ The…
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