Growth in Sub-Sahara Africa is diverging
Saad Quayyum, Nikola Spatafora, Sanghamitra Mukherjee and Hamza Mighri Sub-Saharan Africa is home to nine of the world’s top twenty fastest-growing economies...
Banking & Finance
Domestic equities shed N113bn
Trading activities on the floor of Nigerian Exchange (NGX) on Thursday took downward direction, shedding N113 billion as loss recorded...
Access Bank (UK) to acquire Mauritius-based AfrAsia Bank
Access Holdings PLC has announced that its banking group’s, subsidiary, the Access Bank UK Limited has entered into a binding...
Bank recapitalisation a strategy to increase loans, financial products to MSMES – CBN
Omeiza Bilal The Governor, Central Bank of Nigeria (CBN), Olayemi Cardoso has said that the banks new minimum capital requirements...
Domestic equities market gains N96bn
Trading activities on the floor of Nigerian Exchange closed higher, appreciating by N96 billion as the market closed in bullish...
Equity market sheds N68b
The local equity on Tuesday closed on negative direction, shedding N68 billion losses in the market dominated bearish activity. Market...
NDIC to begin auction of landed properties, chattels of defunct Heritage Bank
Omeiza Bilal In its effort to ensure timely declaration of liquidation dividends to uninsured depositors of the failed Heritage Bank (In-Liquidation), the Nigeria Deposit Insurance Corporation (NDIC) has...
Afreximbank approves $200m facility to support BUA’s expansion plans
Benjamin Orisemeke African Export-Import Bank (Afreximbank) has approved a $200 million Corporate Finance Facility in favour of BUA Industries Limited...
Equity market opens week higher, gains N83bn
Agency Report The nation's equity market on Monday opened the week on a positive note, appreciating by N83 billion as...
Ecobank partners Nium to unlock cross-border payments across 35 African markets
Benjamin Orisemeke Nium, the leading global infrastructure for real-time cross-border payments, announced a partnership with Ecobank Transnational Incorporated, the leading...
