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Sterling Bank CEO, Breaks Down How Regulators are Missing the Point on Jobs
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Abubakar Suleiman, the Chief Executive Officer (CEO) of Sterling Bank Plc, has broken down in a series of tweets, how Nigerian regulators are missing...
Negative Risk Premium Signals Investors to Underweight Stocks for Longer
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The Equity Risk Premium (ERP) is the additional return that a reasonable investor expects to receive on an equity investment above a risk free...
Prestige Assurance Profit Surges on Strong Underwriting, Lower Cost
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Prestige Assurance Plc reported first quarter (Q1) earnings that trounced analysts’ expectations as profit surged on the back of reduction in operating and claims...
U.S. Fed Holds Rates Through 2022, to Keep Buying Bonds
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The U.S. Fed or Federal Reserve pledged to maintain at least the current pace of asset purchases and projected interest rates will remain near...
BUA Cement Growth Accelerates in Q1 as Covid-19 Business Plans Yield Fruit
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Investors love a company that thrives amid an economic tempest, and that is because they are optimistically sure of getting the minimum required rate...
MTN Nigeria Debut N100bn Commercial Paper 400% Oversubscribed
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MTN Nigeria in a statement today said it has successfully completed the issuance of its debut N100 billion Commercial Paper, which was 400 percent...
Another FBNH Insider Purchases 2 million Shares
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It heads scratching time for us MoneyCentral as we try to decipher what is really going on with the deluge of insider purchases happening...
Insurers’ Claims Expenses hit N155.58 bn as COVID-19 Threat Looms
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Insurers in Africa’s largest economy are expending more on claims to generate premium income, as business interruption caused by the coronavirus pandemic exposes the...
OPEC+ Extends Oil Cuts in Boost For Nigeria
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OPEC+ agreed to a one-month extension of its record output cuts and adopted a stricter approach to ensuring members don’t break their production pledges.
The...
Strong U.S. jobs data, OPEC+ optimism may see oil Jump to $50
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America’s strong labor market which defied forecasts for a Depression-style surge in unemployment by rebounding in May, and optimism about potential OPEC+ members extending...