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...
Despite four consecutive losses during the week, the Nigerian Equities market closed on a bullish note as buying interest in AIRTELAF (+10.0%), ABCTRANS (+9.8%) and NESTLE...
The Central Bank of Nigeria (CBN) has said that it has disbursed over N49 billion out of N50 billion targeted facility for households and small businesses...
Nigeria needs to deepen economic reforms and boost government revenues in order to have a sustained recovery after a coronavirus-induced oil price shock that slashed income...
FCMB Group and AIICO Insurance have notified the Nigerian Stock Exchange (NSE) and the investing public of discussions for sale of 96 per cent stake of...
Ecobank has extended its zero charge fee for digital money transfers below N5,000 till the end of September this year. In addition to the free USSD...
IFC, a member of the World Bank Group, today announced a $50 million loan to Nigeria’s First City Monument Bank (FCMB) Limited to help it expand...
Deputy Governor Central Bank of Nigeria (CBN) Aishah Ahmad has said that 17 banks submitted requests to restructure over 32,000 loans for individuals and businesses impacted...
Profit-taking in MTNN (-0.4%), ZENITH (-1.5%) and FBNH (-0.9%) dragged the benchmark index 12bps lower to close at 24,625.24 points. As a result, market capitalisation declined ₦15.6bn to ₦12.8tn while YTD loss worsened to...