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Adeosun: FG Not Borrowing but Refinancing Existing Debts

By |October 26th, 2017|

The Minister of Finance, Mrs. Kemi Adeosun, has explained that the federal government is not desirous of borrowing fresh loans, but seeking to refinance what is known as legacy or inherited debts.

Her explanation was sequel to reactions trailing the request by the executive arm of government to the National Assembly seeking approval of the sum […]

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Non-Oil Revenue Forecasts In MTEF and FSP Aligns with Pro-Rata Earnings to Date

By |October 25th, 2017|

The presidency last week submitted the 2018-2020 Medium Term Expenditure Framework and Fiscal Strategy Paper to the National Assembly.

Total FGN revenue is projected to rise from N5.08trn in this year’s budget to N5.65trn in 2018. The outturn of N2.43trn in H1 2017, according to the Budget Office of the Federation document, is not far short of the projection […]

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Oando Plc state Positions on the Securities and Exchange Commission Alleged Findings

By |October 25th, 2017|

The Securities and Exchange Commission’s (“SEC” or “The Commission”)’s alleged findings as outlined in their correspondence to the Company’s (“the Company” or “Oando”) Group Chief Executive (GCE) on October 17, 2017 have been presented below alongside the Company’s position regarding each allegation.
Continue here: https://www.proshareng.com/news/Stock—Analyst-Updates/Oando-Plc-state-Positions-on-the-Securit/36923

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Positive Surprise in Zenith Bank’s Q3 2017 Results, FBN Quest Lowers Cost of Risk

By |October 25th, 2017|

7-8% increase to our 2017-18E EPS forecasts / price target:

We retain our Outperform recommendation on Zenith Bank (Zenith), following its Q3 2017 results which came in well ahead of expectations. We have lowered the cost-of-risk assumption driving our loan impairment forecast for 2017E by c.20bps to 3.0% to reflect the positive surprise in loan loss […]

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‘Every economy needs a vibrant capital market for growth’

By |August 22nd, 2016|

Oluwaseyi Abey is the President of the Chartered Institute of Stockbrokers (CIS) and an Executive Director/Chief Operating Officer of Magnartis Finance & Investments Limited. With over 24 years experience in the banking and investment services industry, Abey, in this interview with HELEN OJI, spoke on how to accelerate the growth of the nation’s capital market […]

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ZAINAB KURE Life taught me how to struggle

By |August 22nd, 2016|

Senator Zainab Abdulkadir Kure obtained a BSc in Political Science from Ahmadu Bello University, Zaria. She began her career as a civil servant and rose to the position of permanent secretary before running for the senate. While at the senate, she was appointed to committees on National Planning, Capital Markets and Agriculture and she also […]

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Unemployment: CIPM’s report sees MSMEss, others as solution

By |August 22nd, 2016|

Worried by the rising unemployment, the Chartered Institute of Personnel Management (CIPM) has urged the government to stem the tide in line with the report of its committee, reports Bukola Bolajoko.

Nigeria has been battling with a huge population of unemployed, or under-employed youths. This has prompted successive governments’ demonstrating highe resolve in the promotion of […]

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