Culled—Proshare June 15, 2017/Proshare WebTV FBN Holdings Plc today assured market stakeholders that the current Non-Performing Loans (NPLs) status of the largest financial services company in Nigeria, will witness a drastic reduction from the current level of 20-25% by the end of the 2017-2019 strategy period. The Group Managing Director […]
Money Market
CBN Moves Against Inflation; Mops up N200 billion in Special OMO
Culled—Proshare June15, 2017/CBN In its latest move to further rein in inflation, the Central Bank of Nigeria (CBN) has unveiled plans to mop up a total of N200.322 billion from the Nigerian banking system through a special Open Market Operation (OMO) at the rate of 16 per cent per annum. […]
ASI: Intraday Update Projects NSE Closing Green
June 15, 2017/InvestmentOne Research ASI as at 12.00pm: +1.07% Market movers: MAYBAKER (+9.79%), SKYEBANK (+9.52%), INTBREW (-8.44%), CUSTODYINS (-5.70%) Sector Performances: Consumer Goods (+2.26%), Banking (+1.91%), Industrial (+0.10%), Oil & Gas (-0.08%) Market activity: Activity levels are down compared to this time yesterday with investors exchanging 173m units of shares worth […]
