MPC Springs a dovish surprise The CBN Monetary Policy Committee (MPC) voted to cut the key benchmark interest rate by 50bps to 13.5%, taking the Standing Lending Facility and standing…
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Global Economy The US Federal Reserves held its monetary policy meeting during the week and left fund target range unchanged at 2.25% - 2.5%, with a downgrade of its assessment…
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After demolishing a mountain of pounded yam and vegetable soup with bush meat and assorted fishes prepared by my wonderful wife, my mind took a stroll to how she proffered…
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At its full year 2018 analysts conference call and our follow up engagement, management guided to a 10% growth in loans over 2019, with focus on oil & gas sector,…
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The equities market closed the week negative, with the NSE ASI shedding 2.45% WoW to close at 31,142.72 points while market capitalization lost N291.5 billion to N11.6 trillion. The downturn…
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Access Bank Plc (Access) full-year 2018 earnings released this morning showed EPS expansion of 53.2% YoY to N3.28 following material decline in loan-loss provision (-57% YoY to N14.7 billion) and…
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Nestle Nigeria Plc had an impressive performance in 2018 with EPS expanding 28% YoY to N54.26, as the benefits of lower FX loss (-83% YoY to N2.6 billion) following the…
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DANGCEM posted an impressive growth in EPS by 91% YoY to N22.9 (missing our estimate of N13.52) over 2018. The deviation from our estimate stemmed largely from the long-awaited tax…
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I laid against the bed headrest in our bedroom. I was scrolling through my social media news feeds but could hear my wife's sonorous voice from the shower as she…
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Money has been around for centuries and before the banking institutions, ATM machines and credit cards came, women have known a thing or two about saving money. Back in the…
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