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- Transcorp Hotels Shareholders Barely React to H1-2026 Earnings
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Author: Marketforces Africa
MarketForces Africa, a Financial News Media Platform for Strategic Opinions about Economic Policies, Strategy & Corporate Analysis from today's Leading Professionals, Equity Analysts, Research Experts, Industrialists and, Entrepreneurs on the Risk and Opportunities Surrounding Industry Shaping Businesses and Ideas.
Fitch Ratings Estimates 31% Debt to GDP for Nigeria. Fitch Ratings has projected 30.7% debt to gross domestic product (GDP) for Nigeria in 2020, the data is contained in a special report on Sub-Saharan Africa.
PMA: Demand for Low-risk Investment Options to Fuel Subscription. Analysts have said that increasing demand for low-risk investments option would support demand at the Federal Government bond auction on Wednesday.
Nigeria Records Improvement in U.S Fiscal Transparency Index. The United States has classified Nigeria among 14 countries that made “significant progress” towards meeting its minimum fiscal transparency requirements in 2019
IFC Invests $100 million in Zenith Bank to Support SMEs. The International Finance Company (IFC), a member of the World Bank Group, today announced an investment of up to $100 million in Nigeria’s Zenith Bank Plc.
AfDB dAfDB debars Chinese Company Sieyuan Electric, Subsidiaries for Fraud. The Africa Development Bank (AfDB) said it has debarred another Chinese company, Sieyuan Electric and its subsidiaries for fraud.
Federal Government receives ₦1.69 billion COVID-19 donations. The Federal Government received a total sum of ₦1.69 billion as COVID-19 eradication support donations from April 1 to May 31.
FBN Holdings wins World Finance Best Corporate Governance Award. FBN Holdings (FBNH) Plc, has won the 2020 Best Corporate Governance in Nigeria Award put in place by the World Finance. Mr Urum Kalu Eke, FBNH Group Managing Director, made this known in a statement on Sunday in Lagos.
Europe, Asia Countries top Nigeria’s Exports Destinations. Europe, Asia Countries were Nigeria’s top export destinations in the first quarter of 2020, data provided by the Bureau of Statistics stated.
Worship Centres Reopen as COVID-19 Cases Spike to 15,682. Nigeria recorded 501 new COVID-19 cases on Saturday, bringing the total infections to 15,682. This is coming just as some states are re-opening worship centres.
FirstBank Presents Devices to Lagos State Towards Driving 1Million Students to E-Learning First Bank of Nigeria Limited, Nigeria’s leading financial inclusion services provider on Thursday, 11 June 2020, presented 20,000 units of e-learning devices to the Lagos State governmentat the State House in Marina, Lagos.The devices are planned for distribution to school children. With the gesture, the Lagos State governor, BabajideSanwo-Olu said the State had found a “real development partner” in FirstBank, noting that the intervention came at a time the Government was massively deploying technology to transform the conventional mode of teaching and learning. The presentation of…