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FX Inflows Falls 69% As Foreign Investors Pullback
06 May 2024 13:41 GMT
… lack of optimism among foreign investors causes them to reduce their … that were injected by the Central Bank of Nigeria to saturate the currency markets … USD1.54 billion as foreign investors began selling off risk assets …
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Investors target banks’ shares on earnings, recapitalisation’s push
06 May 2024 08:20 GMT
… hope
There are indications that investors are taking up positions in … their recapitalisation plans to the Central Bank of Nigeria (CBN). The plans included step … Cordros Capital said they expected investors “to adjust their portfolios based …
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Natural Disasters, Conflicts Threatening Financial Stability – CBN Governor
06 May 2024 15:51 GMT
… , Abuja
The Governor of the Central Bank of Nigeria (CBN), Dr Olayemi Cardoso, has … , including commercial banks and bond investors. This shift in the debt …
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Anxiety lingers over fate of naira as speculators exploit CBN low funding
06 May 2024 12:48 GMT
… the parallel market.
Since the Central Bank of Nigeria (CBN) resumed dollar sales to … bullish sentiment from leading international investment institutions.
“Our FX market … liquidity boost instills confidence among investors, businesses, and other partners, …
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FG’s fresh Ways & Means deepens economic crisis
06 May 2024 12:49 GMT
… dependence on borrowing from the Central Bank of Nigeria (CBN), is signaling to analysts … journalists following a meeting with investors at the last Spring Meetings … to the financial community, including investors, analysts, and stakeholders.
He urged …
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Managing the trilogy of inflation, growth and FX in Nigeria
06 May 2024 11:16 GMT
… monster, which inflation represents, the Central Bank of Nigeria (CBN) has to sacrifice growth … a level that discourages borrowing, investment, hiring and spending. This will … January 2024 Global Growth Prospects.
Investors are still expecting this bout …
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Fidelity Bank’s Q1 120% profit surge to boost recapitalization plans
06 May 2024 11:04 GMT
… is somewhat impacted by the Central Bank of Nigeria’s (CBN) new capital requirement … -quarter performance may also boost investor confidence.
Fidelity Bank’s Valuation … ratio could present an attractive investment opportunity, particularly in the context …
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Stock market investors lose N3.57trn in April
02 May 2024 12:01 GMT
… several policy announcements from the Central Bank of Nigeria (CBN). Notably, the recapitalization plan … the fixed income market, as investors seek out higher yields.
The …
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Uganda’s biggest banks record bumper profits amidst industry turmoil
06 May 2024 06:47 GMT
… loans and advances, and on investment securities. However, the lender … year, as interest from investment securities supported its performance. … economy and the ongoing investment in oil and gas. … from the BoU and the Central Bank of Nigeria, is expected to be …
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Moghalu: Ex-presidential candidate's wife knocked for asking investors to stay away from Lagos
01 May 2024 15:56 GMT
… criticised for warning investors to stop investing in Lagos State. … Deputy Governor of the Central Bank of Nigeria and presidential candidate, he … 777 wrote, “Take your investment to your land. Enough … said, “Thank God, invest in Anambra, Igbos are relocating …