GT Bank rebases 2018 Profitability forecast

By OKEY ONYEWEAKU   Against the backdrop of healthier economic growth projection for the Nigerian economy in 2018, GT Bank, Nigeria’s most popular millennial banking service provider has set fresh targets for the institution going into the second quarter of the year. With the economy expected to grow by between 2.6 and 2.8 per cent in 2018 (as More...

by Uchenna Ajah | Published 2 months ago
By Uchenna Ajah On Monday, March 19th, 2018
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Economy: CBN policies will double growth in 2018 –Dr Boniface Chizea

With the Nigerian economy beating analysts’ 2017 projections for growth by about 20 basis points or 2% over the 1.7 % consensus forecast earlier in the year, private sector economists are growing in confidence More...

By Uchenna Ajah On Sunday, March 4th, 2018
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How to boost your income from smart investments

By TESLIM STITTA-BEY Investors scared by uncertain corporate performances have sensibly concentrated on capital appreciation for investment yields on the Nigerian Stock market. Data from the market suggest that More...

By Uchenna Ajah On Sunday, March 4th, 2018
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Naira: Analysts predict further depreciation

By FELIX OLOYEDE Foreign Exchange traders are already factoring the negative impact of the forthcoming general elections in 2019 on the economy as foreign exchange future prices indicate a fall in the value of the More...

By Uchenna Ajah On Thursday, February 22nd, 2018
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Market Crash: Don’t give up on stocks yet!

Spooked by market declines investors have started heading for the door. With the Nigerian Stock Exchange (NSE) All Shares INDEX (ASI) dropping by 4.5per cent over the last two weeks traders have started panicking More...

By Uchenna Ajah On Monday, February 19th, 2018
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Massive sell-off hits insurance sector

    FELIX OLOYEDE As the Nigerian Stock Exchange (NSE) changes its rules about the maximum price that stocks could dip below their nominal book values of 50 kobo per share, Insurance sector stocks since More...

By Felix OLOYEDE On Thursday, February 8th, 2018
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Nigerian banks to increase credit to private sector in 2018, says FBNQuest

FELIX OLOYEDE Commercial banks in Nigeria would increase lending to the private sector this year, on the back of fallen yields in the securities market, which has dipped by +/-300bps in the past six months, FBNQuest More...

By Felix OLOYEDE On Wednesday, February 7th, 2018
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 Banks struggle with liquidity squeeze as overnight rate hits 10 month high

FELIX OLOYEDE Godwin Emefile, CBN Governor Central Bank of Nigerian’s (CBN) decision to debit banks for foreign exchange bids has caused liquidity challenge in the country’s financial sector as overnight More...

By Felix OLOYEDE On Wednesday, February 7th, 2018
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Banks stop forex charges, unify forex rate

FELIX OLOYEDE Banks have agreed to stop charges on sales of Personal Travel Allowance (PTA), Basic travel Allowance (BTA), oversea medical expenses amongst others and harmonized foreign exchange at N360 to the US More...