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Top 10 stockbrokers by volume and value on the NSE in 2018

Despite the Nigerian Stock Exchange (NSE) closing in the red in 2018, the top 10 stockbrokers in terms of volume and value still have cause to smile. They accounted for 46.9% (95.1 billion shares) of the total volume traded and 67.8% (N1.6 trillion) of total value traded last year. Top 5 Stockbrokers by Volume  Stanbic IBTC Stockbrokers Stanbic IBTC Stockbrokers […]

Investors anticipate higher yields on TBs as N786bn hit interbank market

*Banks lose N660bn current account deposits By Babajide Komolafe The Central Bank of Nigeria (CBN) is expected to offer higher yields on treasury bills to be auctioned this week in a bid to mop up N786 billion inflow into the interbank money market this week. This follows the unsuccessful liquidity mop up efforts of the […]

Naira Closes Flat on Lower Demand for Dollar

By Dipo Olowookere Amid relatively lower demand for the United States Dollar from businesses just resuming fully from the public holidays, the Naira closed flat at most segments of the foreign exchange (forex) market last week. Also, the sustained intervention by the Central Bank of Nigeria (CBN) during week contributed to this. At the close […]

My vision for Nigeria’s tourism industry—Coker

By Osa Mbonu Eighteen months ago, the journey to review the 27-year-old law (Act cap N137 LFN 2004, (Repeal re-enactment) Bill 2017, that established the Nigerian Tourism Development  Corporation (NTDC)  started at a public hearing at the Senate in Abuja. •Coker The new bill, which seeks to replace the existing old law was initiated to […]

Abuse Naira And Face Jail Term – CBN Advises Nigerians KOKONG

Home Abuse Naira And Face Jail Term – CBN Warns Nigerians Abuse Naira And Face Jail Term – CBN Advises Nigerians KOKONG …

Revealed ! Zamfara bandits get support from Lagos, Niger, Libya

There is a trans-border movement of funds from Lagos, Agadez in Niger Republic and Libya for the purchase of arms for the prosecution of the ongoing killings in Zamfara State which have claimed no fewer than 3000 lives, Saturday Vanguard learned. Burial rites for the dead in Zamfara in February 2018 The funds, it was […]

C&I Leasing & ABRAAJ: Here is what’s wrong with this deal

One of the problems in the corporate world is what has come to be known as information asymmetry. Information asymmetry happens every day and everywhere. Information asymmetry is a situation where some relevant information are known to some but not to all. Where asymmetric information exists, decision making ceases from being optimal and indeed becomes […]

CBN Empowers 200 Persons With Business Grants In Kwara

In a bid to tackle the rising unemployment surge in Nigeria, two hundred participants of the Central Bank of Nigeria entrepreneurship training from Kwara South Senatorial District have been empowered with ten million naira business grant to grow and promote their various medium and small scale businesses.  Presenting the business grant to the participants, the […]

What To Expect From The Markets This Week – 140119

Saturday, January 12, 2019 08:00 AM / Proshare Content Nigeria: Economic Dashboard @ 110119     Editor’s Pick   New National Minimum Wage Source: Afrinvest Weekly Update – January 11, 2019   New National Minimum Wage: Labour Puts Pressure on FG Ahead of 2019 Elections The clamour for a new minimum wage has remained […]

CBN to Auction N908bn Treasury Bills in Q1 – Similar News

CBN to Auction N908bn Treasury Bills in Q1 – Similar News | noovell CBN to Auction N908bn Treasury Bills in Q1 – Related articles from other sources More news

“I did not burn the Nigerian currency” – Orezi clarifies

“I did not burn the Nigerian currency” – Orezi clarifies Early on the week, Nigerian singer, Orezi took to Instagram to share a photo of himself supposedly burning up a N1000 note as he promoted his new single ‘Born Broke, Die Rich’. As expected, his comment section went up in flames as fans called him […]

Funding Rates Moderate Slightly as CBN Holds off on OMO

 Friday, January 11, 2018/ 05:30PM / Zedcrest Capital ***NNPC to Crash Price of Cooking Gas*** KEY INDICATORS Indicator Value Commentary Inflation 11.28% As at December 14, 2018. A c.2bps increase from 11.26% recorded in October 2018 […]

See Where Police Took Senator Dino Melaye To. See Reactions – Nairaland – Nigerian Bulletin

Masked Policemen reportedly stormed the Police Hospital, Area 1,where Dino Melaye was admitted and whisked him away. Benny Umoren @BennyUmoren shared new photos of Dino Melaye lying in the…. Read more via Nairaland – Get More Nigeria Metro News

Nigerians Attack Orezi For Burning Nigeria Currency

Orezi with Nigerian currency Following a posted photo of burnt Nigeria currency by music artiste, Orezi, Nigerians have reacted to acts, calling it an act of disrespect. Orezi shared the photo as artwork to promote a new single of his on his verified Instagram handle but his creativity was lost on Nigerians. While some Nigerians […]