Updates

FGN introduces Savings Bond for Retail Investors

March 2, 2017/ARM Securities The FGNSB is targeted at retail investors and lower income earners to encourage savings and earn more income compared to their traditional savings accounts. The Debt Management Office (DMO), on behalf of Federal Government of Nigeria (FGN), has concluded plans to issue a new type of […]

CBN’s Nigeria PMI – February 2017 Data | Continued Decline in Business Conditions

March 1, 2017/Cordros Research Click here to download full report Nigeria’s manufacturing and non-manufacturing activities contracted in February at a faster pace compared to January, according to the Central Bank of Nigeria’s (CBN) Purchasing Managers’ Index (PMI) report. The survey results so far this year mirror the disappointing pattern of […]

EFCC, Court Order Heritage Bank to Freeze Geonel Integrated Services Accounts

March 1, 2017/Heritage Bank Plc Our attention has been drawn to a malicious and untrue report trending online, titled, “Heritage Bank Should be Shut Down- Company Tells Court, CBN” and about the bank’s financial and liquidity condition that questioned the ability of the bank to honour its obligatory engagements with […]