Headline Inflation marginally rose to 12.20% y-o-y(Jan’20:12.13%) for the sixth consecutive time since September 2019, this is 0.07 percent points higher than the rate recorded in the previous month. 12.20% remains the peak in inflation since April 2018. Headline Inflation was highest in Bauchi (14.47%), Niger (14.06%) and Plateau (13.98%), while Borno (10.46%), Abuja (9.68%)…
DetailsTuesday, 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…
DetailsFirst 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,…
DetailsStock market falls further, investors lose N329bn Investors in the nation’s stock market lost N329bn at the end of trading on Monday following the commencement of an oil price war amid rising cases of coronavirus…read more Edo considers capital raise from stock market The Edo State Government has said it is planning to raise…
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