Monthly Money Market Review: CRR debit squeezes liquidity
In Jun-2020, the size of financial system liquidity declined relative to the prior month, as the effect of naira outflows outweighed naira inflows. The...
Lekoil raises $3.5 million prepayment facility
LEKOIL (AIM: LEK), the oil and gas exploration and production company with a focus on Nigeria and West Africa, is pleased to announce that...
Digital Financial Inclusion in the Times of COVID
The COVID-19 pandemic could be a game-changer for digital financial services. Low-income households and small firms can benefit greatly from advances in mobile money,...
Samsung Remains Dominant in the Smartphone Memory Market with 50% Revenue Share in Q1...
The global smartphone memory market registered a total chip revenue of $9.4 billion in Q1 2020, according to the Strategy Analytics Handset Component Technologies...
Carbon Disbursed Over N23.1 Billion in Loans and Generated N6.3 Billion Revenue in 2019
Nigeria’s leading digital financial services company, Carbon, has released it’s 2019 financial statements audited by KPMG, detailing its product growth and $17.5mm in revenue.
Carbon...
NSE Reviews and Amends Pension Index
The Nigerian Stock Exchange (NSE) is pleased to announce that it has reviewed the eligibility criteria for the NSE Pension Index (“The Index”) in...
NSE Reveals Results of Full Year Review of Market Indices
The Nigerian Stock Exchange (NSE), the premier sustainable exchange servicing Africa’s largest economy, has announced the results of its Half-Year market index review for...
African Banks are small but profitable – Report
African banks are small in world terms but they punch above their weight in profits, according to The Banker's latest ranking of the Top...
As jobs crisis deepens, ILO warns of uncertain and incomplete labour market recovery
The number of working hours lost across the world in the first half of 2020 was significantly worse than previously estimated, while the highly...
Cadbury Nigeria Plc Announces the Resignation of Mr. Atedo Peterside As Chairman
Cadbury Nigeria Plc has announced to the Nigerian Stock Exchange (“The NSE”) that the Chairman of the Board of Directors of Cadbury Nigeria Plc...
Transcorp Hotels gets shareholders’ approval to raise N10billion through Rights Issue
Shareholders of Transcorp Hotels Plc, owners of the iconic Transcorp Hilton Abuja and Transcorp Hotels Calabar, have unanimously authorised the Board of Directors to...
Insurance a Necessity: Securing the future, protecting what’s important
In the best of times, the world is an uncertain place. It is characterised by numerous events that cause the loss of lives and...