Stocks rebounded sharply in May 2020, the bulls stood strong in the market last week as trading indicators trended higher on positive reactions to corporate earnings and highly capitalized stocks that declared dividends despite the pandemic lockdown. The Nigerian Stock Exchange All Share Index (NSE ASI) and the Market Capitalization increased by 1.80%, while the Year-to-Date return…
DetailsFriday, May 22, 2020 We’re still consulting on revised budget — Finance minister The Minister of Finance, Budget and National Planning, Zainab Ahmed, on Thursday met with the leaders of some key committees of the National Assembly to get their input for the revised 2020 budget…Read more. Contractors continue agric ministry picketing over N17bn debt…
DetailsThursday, May 21, 2020 Banks’ total assets rise 11.2% to N42tn The total assets of banks rose to N42.2tn as of the end of February 2020. A member of the Monetary Policy Committee, Dr Rafindadi Sanusi, disclosed this in his presentation during the last MPC meeting of the Central Bank of Nigeria…Read more. NNPC reduced…
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