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CATEGORY

Fixed Income & Bonds

Access Bank R400m Takeover Target Grobank of South Africa Has Made Losses Since 2014

Access Bank in a note to the Nigerian Stock Exchange (NSE) on Friday, said it had received the approvals of the South African and...

FIRS Chair Nami Embarks on Spending Spree, Despite Poor Revenue Collections

The Executive Chairman of the Federal Inland Revenue Service (FIRS), Muhammad Nami has embarked on a spending spree, despite a lack of substantial increase in...

Cash App: Jim Ovia to Earn N15.21 billion in Dividends for 2020

Forgive us for remembering the afro beat street banger Cash App, by Bella Shmurda, Zlatan Ibile and Lincoln when looking at the top people...

Dividend Cover Flashes Warning for Nigerian Breweries’ Investors

Nigerian Breweries saw dividend cover fall to the lowest in five years as sluggish profit and high payout could leave the company with a weakened balance sheet...

WAMCO 2020 Topline Sales up 23% Despite Severe Headwinds

FrieslandCampina WAMCO Nigeria Plc, a firm engaged in the manufacturing and marketing of evaporated milk, instant milk powder, ready to drink beverages and other...

This Nigeria Yield Curve Trend Seen Holding Steady, Despite Inflation

Nigeria’s yield curve is set to marginally steepen this year, with real yields remaining firmly in negative territory, despite gradually growing inflation expectations. “We forecast...

Nigerian Cement Manufacturers Have World’s Highest Profit Margins

Cement manufacturers in Nigeria are an anomaly with regards to profitability, compared to most other established global producers of the centuries old building material,...

Buhari’s 2021 Expansionary Budget Goals Fall Short on Devaluation, Execution

Nigerian President Muhammadu Buhari signed a N13.6 trillion 2021 budget into law while touting its expansionary nature in a bid to revive growth in...

Nigeria Seeking to Keep Debt Costs Lower for Longer While It Can

Nigeria is seizing on historically low domestic bond yields to keep debt payments costs as low as possible even as it piles on more...

Banks set to Fund Emefiele’s N10 trillion Securitisation Plan

Nigerian Banks are being geared up to fund a proposed N10 trillion securitisation plan to shift the development financing and interventions on the balance...

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