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    Unilever Nigeria Trouble Deepens as Revenue, Profit Drop Big

    Julius AlagbeJuly 21, 20200

    Unilever Nigeria Trouble Deepens as Revenue, Profit Drop Big

    GUINNESS NG: Low Earnings Outlook as ‘Virus’ Breaks Shareholders Value

    Marketforces AfricaJuly 21, 20200

    GUINNESS NG: Low Earnings Outlook as ‘Virus’ Breaks Shareholders Value

    No Swing: Why MPC Maintains Status Quo, Hold Key Rates

    Marketforces AfricaJuly 21, 20200

    No Swing: Why MPC Maintains Status Quo, Hold Key Rates The Monetary Policy Committee (MPC) meeting that was held on…

    Access Bank Completes Acquisition of Kenyan Transnational Bank Plc

    Marketforces AfricaJuly 20, 20200

    Access Bank Completes Acquisition of Kenyan Transnational Bank Plc Access Bank Plc on Monday announced that it had successfully completed…

    Analysts Bullish on Banks with Strong Digital Channels, Domestic Loans

    Julius AlagbeJuly 20, 20200

    Analysts Bullish on Banks with Strong Digital Channels, Domestic Loans. Chapel Hill Denham has expressed interest in Nigerian Banks with strong digital footprint, a well-diversified loans book and sizeable foreign currency position.

    Bond Auction: DMO Sets to Offer ₦130 Billion across Four Tenors

    Julius AlagbeJuly 20, 20200

    Bond Auction: DMO Sets to Offer ₦130 Billion across Four Tenors The Nigeria’s Debt Management Office (DMO) is set to conduct first bond auction on Wednesday with ₦130 billion offer across four tenors.

    Wema Bank Builds Training Academy to Enhance Innovation, Performance

    Marketforces AfricaJuly 20, 20200

    Wema Bank Builds Training Academy to Enhance Innovation, Performance. Wema Bank Plc has built a new training school, Wema Purple Academy, with the multi-purpose function of providing quality training for staff as well as a space for innovators to collaborate.

    IFC Supports Access Bank with $50 million for On-lending to SMEs

    Marketforces AfricaJuly 20, 20200

    IFC Supports Access Bank with $50 million for On-lending to SMEs. IFC, a member of the World Bank Group, is providing a loan of up to $50 million to Access Bank Plc to help the bank increase liquidity to thousands of small and medium-sized enterprises (SMEs) in Nigeria which are navigating the econ

    Inter-Bank Debit: Analysts Seek Coverage for Instant Credit Vendors

    Marketforces AfricaJuly 20, 20200

    Inter-Bank Debit: Analysts Seek Coverage for Instant Credit Vendors. Some analysts have raised thumb up for the Central Bank of Nigeria for activation of the global standing instruction that permits inter-bank debits on debtors account.

    CBN to Continue to Pressure Banks to Drive OMO Stop Rates Down

    Marketforces AfricaJuly 20, 20200

    CBN to Continue to Pressure Banks to Drive OMO Stop Rates Down. Nova Merchant Bank said it expects the Central Bank of Nigeria to continue to pressure banks to drive Open Market Operations (OMO) stop rates lower.

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