September 24, 2020/Cordros Report EQUITIES The bulls dominated trading in the domestic equities market, as buying interest in MTNN (+0.1%), NB (+10.0%) and ZENITHBANK (+0.6%) drove the market higher for the fifth consecutive trading session. Thus, the benchmark index rose by 0.8% to 25,987.14 points – the largest gain since […]
Updates
Ahmed Urges IST to Discharge Duties Diligently
September 24, 2020/SEC Nigeria The Chairman and Members of the Investment and Securities Tribunal have been urged to diligently work together to discharge the responsibilities of the tribunal. This was stated by the Honourable Minister of Finance, Budget and National Planning, Mrs. Zainab Shamsuna Ahmed, on the occasion of the […]
LDR Policy: Plausible But Insufficient to Stimulate Growth
Culled—Proshare September 24, 2020 By CSL Research At the recently concluded MPC meeting, the Central Bank Governor, Godwin Emefiele disclosed that the total credit to the economy rose to N19.33tn in August 2020 from N15.57trn in May 2019 as a result of the minimum Loan to Deposit Ratio (LDR) policy […]
