The Nigerian equities market closed the week higher as investors responded positively to a slew of corporate earnings results and dividend declarations. Precisely, gains in NESTLE (+11.4%), STANBIC (+8.2%) and NB (+15.5%) drove the All-Share Index (ASI) higher by 0.9% w/w. January 31, 2025/Cordros Report Global In line with market […]
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Brief Remarks on the Economy, and Perspective on Mutual and Community Banks
January 31, 2025/US Federal Reserve Governor Michelle W. Bowman Let me begin by saying my thoughts and prayers are with the families of the passengers and crew who perished in the tragic flight accident in Washington, D.C. Wednesday evening. Thank you for the invitation to speak to you today.1 It […]
Low Crude Supply Mars Naira-for-Crude Scheme
January 31, 2025/Dangote Group There is a raging concern that the Naira-for-Crude initiative, which ensures local refineries receive crude oil in Naira and sell refined products to marketers in the local currency, may be threatened over inadequate crude supply to domestic refiners, findings by Daily Trust have shown. Daily […]
