CBN Reduces Banks’ Statutory Loan to Deposit Ratio (LDR) to 50%

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“Blessed is Egypt My people, and Assyria the work of My hands, and Israel My inheritance.”

- Isaiah 19:25 (NKJV)

CIoD Nigeria Webinar: Corporate Directors Chart New Course for Businesses in Times of Uncertainty

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Investors Lost N35.49bn as NGXASI Declined by 0.06%; BDC Rate Depreciated to N1,106/USD

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The Chamber earlier today hosted the Sharing Experience Series - April Edition event with Olufemi Awoyemi- Founder/ Chairman of Proshare Nigeria as the Guest. The aim of this series is to motivate people to achieve great success in their profession / Career through

NAFEM Window and BDC (USD, GBP, CAD, EURO & YUAN) Rates – April 18, 2024

Closing Rate - N1,154.08

BDC Rate - N1,106

GBP Rate - N1,421

EURO Rate - N1,200

CAD Rate - N875

YUAN Rate - N150

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The IMF predicts Nigeria's real GDP growth to reach 3.30% y/y in 2024, with a slight increase from its previous forecast. GDP growth is predicted to decelerate to 3% in 2025. The expected upturn is driven by the expansion in the oil sector, projected to grow at 6.9% y/y.

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Nigeria in 1min: #Economic , #Business and #Financial Headlines – 180424

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Investors Lost N457.02bn as NGXASI Declined by 0.80%; BDC Rate Appreciated to N1,078/USD

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NAFEM Window and BDC (USD, GBP, CAD, EURO & YUAN) Rates – April 17, 2024

Closing Rate N1,072.74

BDC Rate - N1,078

GBP Rate - N1,368

EURO Rate - N1,150

CAD Rate - N870

YUAN Rate - N150

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Proshare analysts have observed that the real value of current household disposable income has declined by over 64%, adjusting minimum wages to inflation. Households are faced with the options of dissaving, which may see households left with low savings, increased rate of calls…

.DMO Nigeria's monthly bond auction yesterday raised N627bn, surpassing the N450bn target, and recording the highest sales this year after February's record sales of N1.5trn.

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President Bola Ahmed Tinubu has launched the National Single Window initiative, a project designed to propel the economy to new, faster-paced growth.

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Nigeria in 1min: #Economic , #Business and #Financial Headlines – 170424

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The sea of red lingers....

📌

Oil Prices Settle Near $90 Despite Rising Geopolitical Risk

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.Stanbic IBTC has announced its audited results for FY 2023, declaring a profit after tax (PAT) of NGN140.62 billion and 61.9% gross earnings growth. (SP: N52.5K)

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Nigeria's Banking Sector Recapitalization Excites Stakeholders - Deloitte

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The Nigerian Markets at a Glance 16th April 2024

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Moderation vs ambition