Culled—Proshare September 11, 2017/CBN Release The Central Bank of Nigeria (CBN), in its relentless effort to keep the inter-bank foreign exchange market liquid, on Monday, September 11, 2017 intervened with another sum of $250 million. A breakdown of Monday’s intervention indicates that the wholesale sector was offered the sum of […]
Money Market
FCMB Plc: A forgotten star?
Culled—Proshare September 11, 2017/ARM Research Following a dramatic share price decline (-23% from the year-peak of N1.42), FCMB now looks attractively valued among our Tier 2 coverage and thus offers legroom for tactical play. The bank trades at a P/B of 0.1x compared to peer average of 0.8x and its […]
FirstBank Says to Disburse N15Billion to Private Schools in Nigeria Via its Array of Educational Solutions for Schools
September 11, 2017/FirstBank It is the beginning of another school term and as students return to school after the long holidays, First Bank of Nigeria Limited remains committed to supporting schools with their business requirements to enhance preparations for the school year. FirstBank has developed an array of products and […]
