Money Market

Inter-Bank FX Rate hits Ytd High of N306.00 Per $ Amid CBN’s wholesale interventions

Culled—Proshare 19/2/2018/Zedcrest Capital ***Reps demand N800bn supplementary budget for fuel marketers*** KEY INDICATORS Inflation 15.13% Declined by 0.24% in January from 15.37% in December 2017 MPR 14.00% Left unchanged at 14.00% at the MPC meeting of November 2017 External Reserves $41.54billion Accreted 1.71% as at 14 February from $41.47bn as […]

CBN’s Amended Internal Capital Generation, Dividend Payout Policy

February 19, 2018/InvestmentOne Report On the 31st of January 2018, CBN released its amended internal capital generation and dividend payout policy. Below we summarize key take away from the policy into four categories. Ione Category Requirements Category 1 There shall be no regulatory restriction on dividend pay-out for Deposit Money […]

NSEASI Closes Negative as Market Cap Stands at N15.07 Trillion

February 19, 2018/InvestmentOne Research Please click to download the Market Report for Monday 19th  February 2018 EQUITIES: ·         The NSE-ASI shed -1.53% to close at 41,988.18pts today, bringing market capitalization to N15.07 trillion. ·         The downward pressure in the market today was largely driven by the sell-off in; DANGCEM (-408pts), NESTLE (-128pts), […]