Monday, 14 September 2020 ZENITH: Zenith bank showed commendable and resilient growth in its H1 2020 earnings, despite pressure on earnings … More
Tag: nigerian banks
The Depositors’ Dilemma as Ponzi Schemes Beckon
With inflation said to be running at about 15 percent, a deposit of one million naira in January 2020 will earn 15,000 naira in interest after one year. It will also lose 150,000 naira to inflation, giving a net loss in value of 135,000 naira. When the effects of currency devaluation are factored in, the situation becomes even more dire.
Weekly Nuggets
Saturday, 12 September 2020 Nigerian Manufacturers Say Unsold Goods at an All-Time High The Manufacturers Association of NIgeria said unsold … More
Daily Market Wrap
Friday, 11 September 2020 EQUITIESThe Nigerian equity market closed on a positive note today as All Share Index increased by … More
Daily Market Wrap
Thursday, 10 September 2020 EQUITIESThe Nigerian equity market closed on a positive note today as All Share Index increased by … More
Deposits Soar as Nigerians Prefer Saving to Investment, CBN Says
By Our Reporter Wednesday, September 9, 2020. Deposits are soaring in Nigeria, with people showing a preference to save rather … More
Daily Market Wrap
Wednesday, September 9, 2020EQUITIESThe Nigerian equity market closed on a negative note today as All Share Index decreased by 0.28 … More
Daily Market Wrap
Tuesday, 8 September 2020 EQUITIES The Nigerian equity market closed on a negative note today as All Share Index decreased … More
Emefiele’s CBN Punishing Savers, Spawning Abuses, NESG Says
Tuesday, September 8, 2020 The Central Bank of Nigeria under Governor Godwin Emefiele is pursuing policies inimical to the interests … More
Daily Market Wrap
Monday, 7 September, 2020 EQUITIESThe Nigerian equity market closed on a negative note today as All Share Index decreased by … More
Lead Weekly Stock Recommendation
Monday, September 7, 2020 ZENITH: With a moderate growth in its first quarter earnings by 0.6% and stellar performances over … More
Weeky Nuggets
Saturday, September 5, 2020 Nigeria Resumes International Flights, Bars Some Airlines Nigeria resumed international flights of September 5 with the … More
NSE Monthly Report for July 2020
SUMMARY OF TRANSACTIONS AS AT 31 JULY 2020On a monthly basis, The Nigerian Stock Exchange polls trading figures from market … More
Daily Market Wrap
Friday, September 4, 2020 EQUITIESThe Nigerian equity market closed on a positive note today as All Share Index increased by … More
Banks Slash Interest on Savings After CBN Nod
Nigerian banks have moved swiftly to cut the interests paid on savings accounts following a central bank decision to lower … More
Daily Market Wrap
Wednesday, Septemeber 2, 2020 EQUITIESThe Nigerian equity market closed on a positive note today as All Share Index increased by … More
Daily Market Wrap
Tuesday, September 1, 2020 EQUITIES The Nigerian equity market closed on a positive note today as All Share Index increased … More
Central Bank Lowers Base on Savings Deposit Rates, Now Negotiable
Tuesday, September 1, 2020 The Central Bank of Nigeria lowered the minimum interest rate payable on savings deposits by a … More
Lead Weekly Stock Recommendations
Monday, August 31, 2020 ZENITH:Â With a moderate growth in its first quarter earnings by 0.6% and stellar performances over the … More
Daily Market Wrap
Monday, August 31st, 2020. Market Insight– The Nigerian equities market continued to trade higher today as both the All-Share Index … More
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