spot_img
spot_img
24.1 C
Lagos
Sunday, June 26, 2022
- Advertisement -spot_img

CATEGORY

Exclusive

Nigerian Insurers post Real Underwriting Loss of N12.44bn

In general sense, Nigerian insurers are not making money for their shareholders as spiraling operating and claims expenses combined with weak revenue growth continues...

Savers, Investors are Biggest Losers from CBN Engineered Financial Repression

Nigerian Savers and investors are getting the short end of the stick, while the Federal Government feeds fat off their sweat, through a Central...

Insurers Expenses Surge as Profits Hit by Slowing Economy

The average expense ratio for insurers in Africa’s largest economy hit 83.33 percent as at December 2019, albeit lower than 2018’s 92.21 percent, according...

Nigeria Spent N609bn to service Domestic Debts in Q1

The Nigerian Federal Government (FG) spent a total of N609 billion to service its domestic debt obligations in the first quarter (Q1) of 2020,...

16% Increase in Pump Price: More Hardship for Nigerians Amid Dwindling Economic Fortune

Analysts have criticized the move by the Federal government to increase the price of fuel from N123 back to N145 per litre saying it...

Nigeria 10-year Bond Yields Drop Below South Africa’s in Boost for CBN Policy

Nigerian local currency bonds have rallied in the past 6 months helping to push borrowing costs below those of comparable South African bonds for...

Fund Managers Shun Cheap Nigerian Stocks as Discount to MSCI Widens

Nigerian Stocks are cheap but Fund Managers are largely not impressed or looking to buy aggressively, leading to a widening gulf between domestic equities...

Afrinvest places Buy Rating on MTN, Airtel Africa Shares

Analysts at Afrinvest (West Africa) have placed a buy rating on the shares of MTN Nigeria Plc and Airtel Africa Plc, saying their current...

54% of Nigerians Receive Remittances – NBS

Large share of households – 54.0 percent report receiving remittances in Nigeria according to the latest living standards survey released by the National Bureau...

More Foreign Firms to exit Nigeria as Economic Conditions Worsen

Several foreign companies might exit Nigerian market given the recent devaluation of the currency which has caused increases in the shelf prices of their...

Latest news

- Advertisement -spot_img