Africa Finance Corporation AFC, a leading infrastructure solutions provider in Africa, said that the African Development Bank Group (“AfDB”), Africa’s highest investment-grade rated (AAA) supranational finance...
Visa said it will buy a significant minority stake in Nigerian payments platform Interswitch, creating “an instant acceptance network across Africa” that will help drive expansion,...
The Supreme Court has upheld its earlier judgment, ordering the Nigerian National Petroleum Corporation (NNPC) to pay $22.6 million(N8.1billion) in damagesto BCE Consulting Engineers over a failed...
The bulls dominated the equities market today as the ASI rose 0.5% to 26,456.39 points following price appreciation in DANGCEM (+1.0%), CCNN (+9.1%) and ACCESS (+3.8%). Consequently, YTD return eased to -15.8%...
Afreximbank President Prof. Benedict Oramah shakes hands with Ronnie Ntuli, Chairman of the board of Thelo DB, following today’s signing of a memorandum of understanding between...
Top global designers and brands will storm Lagos for the “Style by Zenith 2.0” Fair, the second edition of Zenith Bank’s highly anticipated Lifestyle Fair, which...
The African Export-Import Bank (Afreximbank) has urged the use of open account terms for trade in Africa in order to facilitate the realisation of the intra-African...
Phillips Consulting has said that it has put together a package that has helped Lagos and Ogun states to come together in a bid to offer...
The Nigerian Equities market according to Afrinvest report halted its 5-week bearish run this week as the benchmark index gained 8bps W-o-W to 26,314.49 points due...
House of Representatives has resolved to investigate the non-payment of seven billion dollars disbursed by the Central Bank of Nigeria (CBN) to 14 global asset managers...
The equities market closed in the negative region today as the ASI declined 14bps to 26,188.24 points due to price depreciation in UNILEVER (-10.0%), ZENITH (-2.0%) and STANBIC (-2.1%). Consequently, YTD...
Africa Finance Corporation AFC, said it has successfully issue a $500 million Eurobond for general corporate purposes, maturing in October 2029. The Senior, unsecured Eurobond which...
Today, the bearish momentum was sustained in the domestic equities market as the ASI declined 58bps to 26,223.66 points due to price depreciation in DANGCEM (-1.1%), MTNN (-0.8%) and STANBIC (-3.1%)....
President Muhammadu Buhari has approved the appointment of Dr Sarah Omotunde Alade, as Special Adviser to the President on Finance and the Economy, domiciled in the...
Sell pressures in NESTLE (-4.2%), MTNN (-1.2%) and UAC-PROP (-9.3%) dragged the benchmark index down by 10bps to 26,375.35 points. As a result, YTD loss worsened to -16.1% while market capitalisation declined by N12.5bn...