Monday, May 6, 2024

Experts foresee investment inflows as ECB’s APP commences

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For an economy that suffered significant outflow of investments in the last quarter of 2014, European Central Bank’s Asset Purchase Programme (ECB APP) which...

CBN moves to stimulate disbursement of N220bn MSMEs funds

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Jolted by low access to its N220bn MSMEs funds by operators of the sector, the Central Bank of Nigeria (CBN) has relaxed most of...

Equity decline drags investment inflow to $20.75b

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Foreign capital inflow to Nigeria last year fell by $576.61 million due to low investor confidence.     Capital importation report for the 2014 fiscal year released...

Jonathan raises hope on capital market

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President Goodluck Jonathan has raised hopes on the recovery of the capital market with his disclosure that Abuja will provide guidelines and incentives that...

Sanction awaits bank customers without BVN in June

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Sanction against bank customers who do not have Bank Verification Numbers (BVNs) begins at the end of June.     One consequence likely to bite hard is...

Pension Reform Act and danger of investing in stock market

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Assets of Pension Funds Administrators (PFAs) have dropped significantly due to negative earnings following the crash of the capital market. A stockbroker who craved...

Engage Africa long-term, Ecobank CEO tells investors

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Ecobank Group Chief Executive Officer (CEO), Albert Essien, has urged investors to engage with African asset classes on a long-term basis for maximum returns.     He...
2023: Emefiele under pressure to join the presidential race

Fitch x-rays risk profile of 10 Nigerian banks

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Fitch Ratings has both allayed fears and heightened apprehensions over the state of some banks in Nigeria.     It brought into the public domain the risk...

Is naira free from speculators’ plunder?

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Before the official foreign exchange (forex) window was closed by the Central Bank of Nigeria (CBN) on Wednesday February 18, currency speculators had counted...

‘Bank loans to oil and gas sector not at risk’

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Financial experts have allayed fears that bank loans to oil marketers may be at risk because of the global oil price slump.     The experts, who...

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