OXS REPORT|NOV 27, 2019

Banks’ private sector Lending surge 13% on CBN’s LDR policy ..As CBN retains MPR at 13.5%

CBN-Central-Bank-Nigeria

Nigerian banks have advanced loans to the private sector by well over a trillion naira just in 3months to October following the 60-65% Loan to Deposit Ratio Policy of the Central Bank of Nigeria (CBN).

Railway project: Lagos closes Ilupeju bypass, other – To facilitate ongoing modernisation of the Lagos-Ibadan railway project, which extends to Apapa, the Lagos State government will be shutting the temporary level crossing at Post Office, Agege, by midnight of November 27, 2019.

When is the right time to sell your mutual fund investments? – The classic refrain of everyone who tries to figure out investing in mutual funds is that there are too many of them, and it’s really hard to know where to begin. There are obvious ways around this problem, like advisers or websites or just asking around. However, there’s actually an even more difficult choice that investors face, which is at the other end of the investment cycle— which funds to sell off and when.

 

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