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Friday, April 19, 2024
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CATEGORY

Fixed Income & Bonds

NOVA Merchant Bank CEO Says Strategy is Long Term Funds for Core Infrastructure Investments

NOVA Merchant Bank intends to continue to go into core infrastructure investments in Nigeria, using long term funds raised from a recent bond issuance...

First Bank Needs New Strategy as it Lags Other Tier-one Banks

…reports lowest pre-tax profits, ROE, ROA in first quarter First Bank of Nigeria is in danger of permanently lagging behind other tier-one lenders as it...

Banks’ income from treasury bills dips 21.11% to N132.52 bn in Q1

There has been a sharp drop in revenues from both short- and long-term investment securities that signals the end of free money for Nigeria’s...

Polaris Bank Has Strongest Return on Equity in Nigeria

If Polaris Bank Limited were a listed company, it would be competing with top performing lenders in the country,  a rare feat for an entity that was...

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...

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