LATEST NEWS

September 21, 2019

NSIA Insurance Complets 2019 ISO Surveillance; REAN and WAPIC Make Announcements

In a review of key development in the Nigerian Insurance Industry from September 16th to 20th, 2019, NSIA Insurance Limited last week announced the completion of its 2019 ISO Surveillance Audit by the Standards Organization of Nigeria (SON).

224 VIEWS

September 21, 2019

Demystifying CBN Response to Cashless Scheme Criticism - There is a WRONG way to do the RIGHT Thing

The CBN Governor gave a press briefing yesterday in which he defended the timing of his unpopular charge on Cash deposit policy and other punitive measure such as charge on Individual POS transaction as essential for Nigeria to meets its International obligations.

206 VIEWS

September 21, 2019

About 4 In 10 Citizens Nigerians Engage in Gambling

Nigeria is one of many countries that is being inundated with sports betting. The Nigerian sports betting (online and offline) and gaming industry has grown geometrically in the past few years. This remarkable growth can be attributed to the country's population and increased access to the internet via enabled internet devices such as mobile phones, tablets, laptop, desktops etc.

232 VIEWS

September 21, 2019

FHC Raises Doubt As To The Legality of Foreign Currency-Denominated Loans by Nigerian Banks

It is common practice for Nigerian banks to grant loan facilities to customers in need of funds for the purpose of executing a project, to serve as working capital or for the acquisition of assets and for some loan facilities to be denominated in foreign currency.

268 VIEWS

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FMDQ Fixings Data

NIBOR
NITTY

(Delayed by 12 Hours)

Tenor	Rate (%)	Change (%)
O/N	17.4375	1.09
1M	13.301	0.34
3M	13.7675	0.79
6M	14.4196	-0.12

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(Delayed by 12 Hours)

Tenor	Rate (%)	Change (%)
1M	12.2752	0.02
3M	12.2373	0.67
6M	13.1159	0.12
9M	14.5276	0.07
12M	15.3033	0.02

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Commodity	Price (₦)	Points
Soybean	140,000.00	195.24
Paddy Rice	125,000.00	124.96
Maize	83,000.00	174.09
Paddy Rice	125,000.00	124.96
Maize	83,000.00	174.09

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LATEST NEWS

NSIA Insurance Complets 2019 ISO Surveillance; REAN and WAPIC Make Announcements

Demystifying CBN Response to Cashless Scheme Criticism - There is a WRONG way to do the RIGHT Thing

About 4 In 10 Citizens Nigerians Engage in Gambling

FHC Raises Doubt As To The Legality of Foreign Currency-Denominated Loans by Nigerian Banks

Nigeria in 1min: Economic, Business and Financial Headlines - 200919

What To Expect From The Markets This Week - 230919

Market Review and Round-Up of Corporate News Announced During The Week Ending 200919

CBN and Banking Charges In Nigeria - A Regulator Gone Rogue?

Investors Lose N39.09bn WoW As NSEASI Dips By -0.29% To Close The Week Negative

Poverty in Nigeria: Understanding and Bridging The Divide Between North and South