Author: Marketforces Africa

Rise of Baby Amazons: Tellimer introduces Cash Sustainability Index to assess E-commerce

Pension Assets hit 9.583 trillion, as Funds Managers favour corporates securities. Having surged by about 2% month on month, Pension Fund Assets under management hits N9.583 trillion, the unaudited valuation report for September has revealed.

Access Bank to enter four African countries, says not under pressure to raise fund

Analysts have expressed their excitement about Airtel Africa Plc.’s impressive earnings

Union Bank Plc. strengthens key indicators to boost earnings

MTNN jumps on earnings beats, says it would prioritise expansion of 4G Network coverage

CCNN, Obu Cement Plc explore merger option to strengthen operation

Tantalizer share unattractive as food restaurant chain declares loss Tantalizer Plc, Nigerian fast food restaurant chain, could not sell as much to cover its operating cost, its 9-month result for financial year 2019 shows. The company loses 7k on every share outstanding in the period. At the close of trading today, shareholders 3,211,627,907 shares outstanding in Tantalizer worth N642.325 million. The fast food restaurant chain’s share has not been performing in the stock market since the beginning of the year when it opened at 21 kobo, now trading at 20 kobo, an obvious lack of liquidity support. Meanwhile, at fair…

FBN Holdings scale balance sheet repairs hurdle, says won’t grow loan above own risk appetite

AMCON MD wants FG to convert Arik to national carrier