In Your Interest
October 27, 2017/Fitch Ratings Very high Nigerian Treasury Bill yields are helping banks to maintain their margins, Fitch Ratings says. Banks have been investing heavily in T-Bills since 2H16, boosting interest income and maintaining margins. Margins reported by Fitch-rated Nigerian banks averaged 7.5% in 1H17, in line with 1H16. But […]
November 1, 2017/InvestmentOne Research ASI as at 12.00pm: -0.68% Market movers: INTBREW (-4.98%), CADBURY (-4.19%), BERGER (+5.00%), UPL (+4.65%) Sector Performances: Consumer Goods (-0.34%), Industrial (-0.93%), Banking (+0.11%), Oil & Gas (+0.38%), Insurance (+0.40%) Market activity: The market saw a surge in value compared to this time yesterday, as investors […]
October 31, 2017/Cordros Research Treasury bills worth N100.84 billion will mature on Thursday, 2nd October, 2017 – comprising N23.06 billion, N23.43 billion, and N54.35 billion of the 91-day, 182-day, and 364-day bills, respectively. In customary fashion, the CBN will offer the same amount at the primary auction which will hold […]