The recent unprecedented violence that followed the nationwide protests against the excess use of force by the Federal Special Anti-Robbery Squad (FSARS) led to wanton destruction of businesses, social assets, and institutions.
Equities market closed today on a positive note, as NSEASI appreciated by +0.28% to close at 28,777.96 basis points as against +0.28% appreciation recorded previously. Its Year-to-Date (YTD) returns currently stands at +7.21%.
We are pleased to inform you that the Nigerian Breweries PLC Issue of up to NGN20 Billion Series 9, 10 and 11 Commercial Papers ("Nigerian Breweries") from the company's NGN100 billion commercial paper programme is now open and scheduled to close on Friday, 30 October 2020 with funding date the next business day Monday 2 November 2020.
The Nigeria Immigration Service (NIS) has announced the commencement of the implementation of the New Visa Policy (NVP) 2020 and new visa fees with effect from 1 October 2020 sequel to the approval of the Honourable Minister of Interior, Ogbeni Rauf Aregbesola.
Nigeria's Banking sector in H1 2020 pulled in its neck and sauntered into the COVID-19-induced headwinds of Q1 and Q2. The brave challenge of a health and economic pandemic saw the sector with lower growth in topline income and decapitation of growth in bottom lines.
The Security and Exchange Commission of Nigeria (the "SEC" or the "Commission") on 14 September 2020, released their Statement on Digital Assets and their Classification and Treatment (the "Statement") pursuant to the powers conferred on it by the Investment and Securities Act 20071 ("ISA").