Month: April 2022
The Debt Management Office (DMO) says it received 300 successful bids in the recently released Federal Government of Nigeria (FGN) bonds offer.
Zenith Bank Plc has emerged as the Best Bank in Nigeria in the Global Finance Magazine’s Best Banks Awards 2022, retaining the award for a third consecutive year. The Bank was among other banks from 36 countries in Africa recognised as the prestigious Global Finance announced its 29th Annual Best Bank Awards Winners.
Equity investors in the Nigerian Exchange (NGX) gain N14 billion on Tuesday as the market sustains its rally. Today’s positive outing marks the eleventh consecutive session’s rallies seen at the local bourse
Vice President Yemi Osinbajo, on Tuesday in Abuja, said that the Federal Government (FG) had committed N50 billion toward positioning export-oriented businesses in Nigeria
The US dollar improved versus its major trading partners early Tuesday, apart from another small decline against the yen, ahead of the release of several data reports, including home prices, new-home sales, and consumer confidence.
The days of having a 4-6 player telecoms market on the continent are coming to a swift end…
Twitter has a deal to sell itself to Elon Musk for $54.20 per share, valuing the social media giant at around $44 billion. If successful, Musk’s Twitter takeover would be the largest take-private deal since Dell bought data storage company EMC for $67 billion in 2016, according to PitchBook data.
The African Development Bank (AfDB), says the African Development Fund (ADF) has invested 45 billion
Fitch Ratings has affirmed Stanbic Bank Uganda Limited’s (SBU) Long-Term Issuer Default Rating (IDR) at ‘B+’. It added that the rating outlook for the bank is negative.
The total private wealth currently held on the African continent is USD 2.1 trillion and is expected to rise