Author: Marketforces Africa

Some Blue chip companies are returning to debt market for capital raise, the development

Flour Mills of Nigeria Plc (FMN) reported  a robust growth rate of 68.4% year on year in profit after tax

Treasury bill rate at record low is positive for the Federal Government to refinance existing obligations at cheap cost

Rakuten group and Asia Africa Investment & Consulting Pte. Ltd. (AAIC), a Japanese growth equity fund and consulting firm

The Central Bank of Nigeria (CBN) has released guidelines for implementation of the proposed N75 billion

The Nigerian Communications Commission (NCC), says it remitted N344.71 billion.

The Nigerian Treasury Bills market recorded strong demand on Wednesday as investors continue to scramble for high returns.

Sterling Bank Unveils Free Money Transfer Service for Nigerians in Diaspora Sterling Bank Plc has launched switch, a free money transfer service for Nigerians in diaspora to promote financial inclusion, international banking and allied services. Shina Atilola, Sterling Bank’s Divisional Head, Retail and Consumer Banking, disclosed this in a statement made available on Wednesday in Lagos. Atilola said that Switch is a zero per cent transaction charge offer, which further demonstrates the bank’s commitment to make cross-country banking accessible to all Nigerians abroad. According to Atilola: “Switch users will be able to fund their account for free when using their…

The emerging market of the Sub-Saharan African (SSA) countries is faced with downside risk due to impacts of coronavirus pandemics.

Equities investors at the Nigerian Stock Exchange (NSE) gain ₦239 billion as market rally continues Wednesday.