The volume of shares traded on the Nigerian Stock Exchange (NSE) on Friday dropped by 19.88 per cent, just as the market indices declined further. Specifically,...
The Government of Madagascar has received $2.13 million from the African Risk Capacity Insurance Company Limited (ARC Ltd) to cover anticipated losses to livelihoods of its...
Ecobank Nigeria has restated its unwavering commitment to support and sustain the development of Small and Medium Enterprises (SMEs) in all sectors including the Agriculture sector...
The All Progressives Congress APC has generated the sum of ₦258.27 million from the sale of nomination and expression of interest forms ahead of its July...
World Bank has said that Nigeria and Ghana have remained in the lower middle income countries classification while Benin, Tanzania and Algeria have joined the Lower...
The All-Share Index lost 90bps following price declines in GUARANTY (-5.3%), ZENITH (-5.7%) and UBN (-9.3%) to close at 24,374.40 points. Consequently, market capitalisation declined ₦115.1bn to ₦12.7tn while YTD loss worsened to -9.2%. Activity...
Buying interest in BUACEMENT (+8.5%), WAPCO (+5.0%) and STERLING (+9.6%) pushed the benchmark index up by 47bps to close at 24,595.05 points. As a result, YTD loss eased to -8.4% while market capitalisation appreciated...
By Omoh Gabriel Zenith Bank PLC has come top of Nigeria banks ranked by the Banker Magazine in its 2020 Top 1000 World Banks ranking. While...
Government debt burdens across sub-Saharan Africa are rising at a faster pace and to higher levels than elsewhere in emerging markets, heightening the risk of further...
Losses in Industrial Goods stocks – BUACEMENT (-10.0%), DANGCEM (-0.8%) and WAPCO (-7.4%) – resulted in a 153bps dip in the benchmark index to settle at 24,479.16 points. As a result, YTD loss worsened...
Furthering its commitment to safeguard the investments and savings of customers, Africa’s largest retail bank, Access Bank PLC, has introduced *901*911#. The USSD code allows customers...
At the AZA Webinar hosted by AZA Africa’s biggest non-bank currency broker some of the most critical aspects of Africa’s debt relief implementation was discussed. Here...
The Platform for Collaboration on Tax (PCT) – a joint initiative of the IMF, OECD, UN and World Bank Group – is seeking feedback from the...
The local bourse started the week on a positive note following gains in NESTLE (+4.7%), OKOMUOIL (+10.0%) and FBNH (+1.9%) thus pulling the benchmark index up 12bps to close at 24,858.82 points. Consequently, market...
Shareholders of Transcorp Hotels Plc have unanimously approved the company’s plan to raise the sum of N9.9 billion through a rights issue. The shareholders gave the...