Prime Business Africa

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Liquidity Boost Expected On Maturing N54.30 Billion OMO Bills

November 29, 2021

There are expectations that activity in the money market will be slightly bullish as the market expects a liquidity boost from the maturing N54.30 billion worth of OMO bills. Meanwhile, domestic investors are concentrating more on short-term lending to the Federal Government

Finance & Economy

CBN Plans To Set Up Finance Centre At Eko Atlantic City In 2022

November 29, 2021

The Central Bank of Nigeria (CBN) has said it will set up an international financial centre at the Eko Atlantic City by the second quarter of 2022 to attract investors. Godwin Emefiele, the apex bank governor, disclosed this while speaking at the

Bank CEOs Meet Over Old Naira Deadline Extension Ahead Of Presidential Election

Markets·Finance & Economy

Basel III: Nigerian Banks To Strengthen Capital Adequacy, Liquidity

November 29, 2021

The adoption of Basel III would strengthen Nigerian banks’ stressed capital level, improve capital quality (as risk levels are reduced with the exposure restriction) and maintain a strong liquidity position, says investment banking and research group Afrinvest (West) Africa Limited. The firm,

News·Currency

FOREX: I&E Dailly Turnover Rises By $210 Million

November 29, 2021

The average daily foreign exchange (Forex) turnover at the Investors and Exporters (I&E) window is now over $250million, up from $40million in April 2020, representing a $210million increase. Meanwhile, records from the Central Bank of Nigeria (CBN) show that the naira has remained

News

Legality Of #EndSARS Panels: You Can’t Approbate And Reprobate, Adegboruwa Tells Nigerian Govt

November 29, 2021

Senior Advocate of Nigeria, Ebun-Olu Adegboruwa, has added his voice in countering the argument that all panels of inquiry on the EndSARS protest lacked legal competence. Minister of State for Labour and Employment, Festus Keyamo had on Sunday night appeared on a

Sports

Nigeria’s Dennis Joins Top Premier League Legends On Goals Feat

November 28, 2021

Out of favour Nigeria international Emmanuel Dennis on Sunday equalled the Premier League record set by illustrious English Premier League icons Eric Cantona, Jurgen Klinsmann, Arjen Robben, Andrey Arshavin and Bruno Fernandes. Former Club Brugge star Dennis was on target

News

Ubani Replies Keyamo: Panels On Police, EndSARS Have Legal Competence

November 28, 2021

Chairman of the Nigeria Bar Association's Section on Public Interest and Development Law (NBA-SPIDEL), Dr Monday Ubani, Sunday night,

Sports

Ronaldo’s Bench Role, 3 Other Observations In Man United’s 1-1 Draw Versus Chelsea

November 28, 2021

Manchester United were pegged back by Premier League leaders Chelsea in Super Sunday’s clash at Stamford Bridge after going one goal up. Prime Business Africa’s Senior Correspondent Izuchukwu Okosi shares his thoughts on United’s approach to the game which

News

Jos Prison Attackers Trapped

November 28, 2021

Gunmen who attacked the Jos Correctional Centre were trapped inside the prison yards, the Centre said last night. A statement by the Centre showed that the gunmen came under a superior firepower of the Correctional Centre officers and other security agencies. “The

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Latest

Liquidity Boost Expected On Maturing N54.30 Billion OMO Bills

CBN Plans To Set Up Finance Centre At Eko Atlantic City In 2022

Basel III: Nigerian Banks To Strengthen Capital Adequacy, Liquidity

FOREX: I&E Dailly Turnover Rises By $210 Million

Legality Of #EndSARS Panels: You Can’t Approbate And Reprobate, Adegboruwa Tells Nigerian Govt

Nigeria’s Dennis Joins Top Premier League Legends On Goals Feat

Ubani Replies Keyamo: Panels On Police, EndSARS Have Legal Competence

Ronaldo’s Bench Role, 3 Other Observations In Man United’s 1-1 Draw Versus Chelsea

Jos Prison Attackers Trapped

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