New Telegraph

Moody’s maintains negative outlook on Nigerian banks

Moody’s maintains negative outlook on Nigerian banks

  ·Says asset risk will increase Tony Chukwunyem   Moody’s Investors Service has maintained its negative outlook on Nigeria’s banking system, a view which the rating agency said, reflects expectations of rising asset risk and weakening government support…

OPEC+ panel:  Uncertainties may impact oil demand recovery

OPEC+ panel:  Uncertainties may impact oil demand recovery

  OPEC+ has raised concerns that uncertainties may impact the recovery in oil demand due to rising numbers of virus infections globally and lockdown measures, according to a report from the group’s experts panel meeting…

Bourse: Deepening retail investors’ participation

Bourse: Deepening retail investors’ participation

Boosting retail participation in the capital market will improve the volume of transactions. CHRIS UGWU writes One of the key challenges facing the Nigerian Stock Exchange at the moment is that of volume of business.…

COVID-19: CBN’s effort to boost economy intensifies

COVID-19: CBN’s effort to boost economy intensifies

With concern growing over vaccine nationalism, the Central Bank of Nigeria (CBN) is stepping up efforts to ensure local production of pharmaceuticals and food crops, writes TONY CHUKWUNYEM In the wake of the outbreak of…

AfCFTA: Experts meet on deepening private sector participation

AfCFTA: Experts meet on deepening private sector participation

Exploring strategies to deepen private sector participation in the implementation of the African Continental Free Trade Area (AfCFTA) was the highlight of a panel session during the recent 2021 World Trade Organisation (WTO) Aid-for-Trade stocktaking…

Polaris Bank’s webinar focuses on women empowerment

Polaris Bank’s webinar focuses on women empowerment

Three accomplished Nigerians and leading authorities in government and finance sectors, Yewande Sadiku, Osayi Alile and Teju Abisoye, have jointly enjoined Nigerian women to explore multiple investment opportunities available to build a sustainable wealth that…

Gridlock: NPA faces fresh hurdles

Gridlock: NPA faces fresh hurdles

Barely one month after the Nigerian Ports Authority (NPA)’s electronic call-up system commenced to ease trade facilitation, the gridlock, extortion and other malpractices, which the app was designed to check, returned. BAYO AKOMOLAFE report When…

FMDQ reports N17.74trn turnover in February

FMDQ reports N17.74trn turnover in February

Turnover in Fixed Income and Currencies (FIC) markets for the month ended February 26, 2021 was N17.74 trillion, representing a month on month (MoM) increase of 36.15 per cent (N4.71 trillion) and a year on…

Value of cheque transactions drops by N200bn in 5 years

Value of cheque transactions drops by N200bn in 5 years

The value of cheque transactions fell by N200.505 billion( 41.9 %) Year-on-Year (YoY) to N277.45 billion in February 2021 from N477.5 billion in the corresponding period of 2019, latest data released by the Nigeria Interbank…

BPE seeks PPP to finance maritime infrastructure

BPE seeks PPP to finance maritime infrastructure

The Bureau of Public Enterprise (BPE) has stressed the need for an increase in the private sector involvement in financing critical infrastructures in the maritime sector in order for the industry to become a major…