Category Archives: Featured

Jumia explains listing of shares on New York Exchange

Jumia explains listing of shares on New York Exchange

Electronic commerce platform, Jumia, has linked the listing of its shares on the New York Stock Exchange (NYSE), on the need to showcase the digital

Improved performance lifts NSE’s index further by 0.8%

Improved performance lifts NSE’s index further by 0.8%

The Nigerian Stock Exchange (NSE) sustained a rising profile at the end of transactions yesterday, following improved performance on the shares of some banks, causing

Wema Bank targets N1 trillion capital base

Wema Bank targets N1 trillion capital base

Buoyed by its 2018 financials and performance in which it prescribed the payment of 3kobo dividend per share for the first time in 15 years,

GTBank posts N50 billion profit after tax in three months

GTBank Posts N50 Billion Profit after Tax in Three Months

Guaranty Trust Bank (GTB) Plc has recorded a profit before tax (PBT) of N56.984 billion for the first quarter (Q1) March 31, 2019, showing an

FG Sets Price for Flared Gas in NGFCP

FG Sets Price for Flared Gas in NGFCP

The federal government has disclosed that third-party investors in its new flare gas programme – the Nigeria Gas Flare Commercialisation Programme (NGFCP) would be given

InfraCredit gets $15m investment package from AfDB

InfraCredit gets $15m investment package from AfDB

African Development Bank (AfDB) has approved a $15 million investment package to Infrastructure Credit Guarantee Company (InfraCredit), to support infrastructure financing through the domestic debt

Oil Prices Nosedive On OPEC Decision To Boost Output

Oil Prices Nosedive On OPEC Decision To Boost Output

Oil prices edged down yesterday after a Russian minister said the nation and OPEC may boost crude output to fight for market share, checking a

Afreximbank’s, AU’s digital plan to ease trade finance flows

Afreximbank’s, AU’s digital plan to ease trade finance flows

The African Export-Import Bank (Afreximbank) is working, with the support of African Union (AU), to create a digital ecosystem that will eliminate the major bottlenecks

N37bn saved from mistakes in MDAs’ promotion arrears claims — AGF

N37bn saved from mistakes in MDAs’ promotion arrears claims — AGF

Mr Ahmed Idris, Accountant-General of the Federation (AGF), says over N37 billion has been saved from misapplications, paddings, mistakes and non-compliance by MDAs to the

Remove oil subsidy, manage debt profile: NECA to FG

Remove oil subsidy, manage debt profile: NECA to FG

The Nigeria Employers’ Consultative Association (NECA) has called for the deregulation of the downstream sector of the oil and gas industry to boost the economy.

Operators seek assets securitisation to boost capital formation

capital-market

Capital market operators have called for securitisation of assets, and establishment of a mortgage-backed securities market, to facilitate capital formation, and tackle rising housing deficit

Mutual fund segment generates N65 billion profit in Q1

Mutual funds asset class has generated 10.44 per cent or N64.892 billion profit in the first quarter of 2019, from N621.593 billion recorded as at