ALL RED

#FOREX #CBN Governor, Godwin Emefiele clarifies supposed devaluation of Naira. Says it is an adjustment of price and not a devaluation of the currency

NNPC delivers a FY2019 surplus of ₦93 Billion vs a target of ₦1.2 Trillion (yikes). Under-performance mostly due to NPDC which delivered ₦1 Trillion less revenue than planned. It appears this habit of being too optimistic with revenues is not exclusive to the fiscal folks.😑

bloomberg.com/news/articles/…

Q2 2020 FGN Bond Issuance Calendar 👇 May change upon approval to raise # 850 billion approved as new external borrowing from the domestic market. More info: dmo.gov.ng Summary: Get ready for a revised Q2 Bond issuance schedule

Nigeria has an oversupply of critics, clerics, comics, comrades and clowns but sadly, is clearly lacking people who get things done. Just get on with it, we already know all that is wrong with us - march if will, build, teach, invest, give-let’s take a break from nonstop yakking

How the 36 Nigerian states got their names Re tweet and educate someone today

Nigeria's largest Virtual Finance gathering is here!! Join our esteemed panelist as they discuss climbing to the top with the finance Industry Link to register- bit.ly/FPNThrive #investmentbanking #thrive #FPN #Financeprofessional

Nigeria's imports fell as much as in the average EM but the trade deficit is widening fast. Not easy or optimal to offset a big loss of oil revenue via import compression but reserves are low and capital inflows scarce. It's either more adjustment or an IMF program.

Please help, no amount is small... Please and help retweet 🙏🙏🙏 Economist Boboye Adeyemi Bolaji Flourish Oyewole

His Excellency, President Muhammadu Buhari, GCFR, has approved the appointment of Mr Semiu Adeyemi Adeniran as the substantive Statistician-General of the Federation and Chief Executive Officer of the National Bureau of Statistics (NBS Nigeria), with immediate effect.

With the recently passed National Health Insurance Authority Act 2022 imposing a telecom levy on calls, the 2022 Fiscal Policy Measures & Tariff Amendments imposing an excise tax on pre/postpaid services, in addition to the current VAT at 7.5% which took effect from Feb 2020 ...

Can we Make this picture our profile picture and tweet at 12 noon? 🤷‍♂️.Let’s release this precious ointment over our land and nation. JESUS. 3 …..thy good ointments thy name is as ointment poured forth…” Songs of Solomon 1:3

I feel you. I have a similar concern. Just a sneak peek: income statement (on the left), balance sheet (middle), and cash flow statement (on the right). Normalised profit after tax in FY 2024 was ₦9.3bn (+48% y/y). They paid down a large portion of their obligations, so I

reuters.com/world/africa/m…

Exclusive: Syria will issue new banknotes, removing two zeros from its currency in an attempt to restore public confidence in the severely devalued pound reut.rs/41Sj3Sw

Too many takes that this might signal a serious shift in Trump's policy on Ukraine (front page of the Guardian, and FastFT carried it too). It doesn't. Trump doesn't like losers, he likes winners (hence his preference for Russia) but he now respects Ukraine hurting Russia