DAILY MARKET REPORT: FIXED INCOME, MONEY MARKET AND FX – JUNE 15 2017

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The Consumer Price Index (CPI) which measures inflation increased by 16.25% (YoY) in May 2017. This was 0.99 percent points lower than the rate...

List of Mobile Phone USSD Codes for Money Transfers for All Banks in Nigeria

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As technology evolves, the financial sector is not left behind, Several softwares have been developed to make banking easier and faster. One of such...

GTBank Launches GTPatriot, a Subsidized Banking Package for Nigeria’s Military and Paramilitary Personnel

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Foremost financial institution, Guaranty Trust Bank plc, has launched GTPATRIOT, a unique Salary Account Package which offers Nigeria’s servicemen and servicewomen subsidized banking products...

Equity Market continues Positive run as ASI gains 0.59%

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The Nigerian equity market on Wednesday gained 0.59% extending yesterdays uptrend. Similarly,market breadth closed positive recording 32 gainers against 25 losers. In summary, the All...

CPI Drops to 16.25% in May 2017, 0.99% Lower Than 17.24% April Rate

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All Item Index The Consumer Price Index (CPI) which measures inflation increased by 16.25 percent (year-on-year) in May 2017. This was 0.99 percent points lower...

Fitch Rates Nigeria’s USD Diaspora Bonds ‘B+(EXP)’

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Ahead of today’s (Thursday June 15, 2017) road-show for Nigeria’s $300 million Diaspora Bond, international rating agency, Fitch Ratings has assigned Nigeria’s upcoming dollar...

Lufthansa brings direct payment option to Nigeria

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Lufthansa airline has introduced a new payment innovation tagged ‘Amadeus Airport Pay’ which will henceforth enable secure and simple payments at the check-in counter...

DAILY MARKET REPORT: FIXED INCOME, MONEY MARKET AND FX – JUNE 14 2017

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The bond market witnessed some demand today with special emphasis on the 2027 bonds. Offshore investors are currently testing the waters with little trickles...

Equity market reverses downtrend to end in a positive position.

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The Nigerian equity market on Wednesday gained 1.38% reversing previous downtrend to close in a positive position. Similarly, market breadth closed positive recording 36...

FIRS Generated N778.19bn in First Qtr of 2017

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The Federal Inland Revenue Service (FIRS) has said it generated N778.19 billion revenue in the first quarter of 2017. This is according to a progress...

First Bank drives inclusion, convenience with *894# quick banking

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As the banking business evolves, First Bank of Nigeria Limited, has remained committed to empowering the Nigerian populace with the *894# Quick Banking service...

Equity market extends downtrend to two trading sessions.

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The Nigerian equity market on Tuesday shed 0.28% to extend downtrend to two trading sessions. However, market breadth closed positive recording 31 gainers against...