MTNN, Nestle & Tier 1 banks’ stocks boost market value – Daily Trust

The market opened for four trading days last week as the Federal Government declared Friday, 1st May, 2020, a public holiday to mark the 2020 Workers’ Day celebration.

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KDSG releases locations of temporary markets – Daily TrustThe management of the Kaduna Markets Development and Management Company (KMDMC) has released the list of locations of temporary neighbourhood markets that will become operational on Saturday, 2nd May 2020. A statement by Muhammad Hafiz Bayero, the Managing Director of KMDMC, said that the decision follows the directive of the Kaduna State Government that all …
Source: Daily Trust - 🏆 13. / 51 Read more »

CBN, Bankers’ Committee urge banks to halt workers’ sack – Daily TrustApparently worried by the looming sack of bank workers and its negative implications for the banking system and the economy, the Central Bank of Nigeria (CBN) and its Bankers’ Committee have pleaded with banks nationwide to suspend forthwith any planned retrenchment of their employees. The anticipated massive disengagement of the workers is not unconnected to … Banks are unable to recover loans from Oil Companies & other borrowers due to COVID19 CBN order to banks not to sack workers at this time of a welcome idea Their staff already taking pay cut to help. CBN should add more packages to enable Banks keep staff & avoid going under
Source: Daily Trust - 🏆 13. / 51 Read more »