Extending its winning streak for the fifth consecutive session, the Lagos bourse maintained the positive momentum as the benchmark index closed 0.95%…
Finance
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BusinessEconomyFinanceNews
PAPSS, ASEA partner to promote cross-border payment of Stock Exchanges in Africa
The Pan African Payment and Settlement System (PAPSS) and the African Stock Exchanges Association (ASEA) have signed a Memorandum of Understanding (MoU)…
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EconomyFinanceNews
Ghana debt crisis: Some bondholders received coupon payment of World Bank-backed bond—source
Some investors of Ghana’s 2030 Eurobond have received coupon payments which had been due on April 14, a source with direct knowledge…
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Transnational Corporation Plc (Transcorp), Nigeria’s largest listed conglomerate held its 17th Annual General Meeting (AGM) and declared a dividend of 5k per…
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Nigerian equities opened the week strong today as the benchmark index gained 0.49% to close at 51,606.49 points. The market’s performance was…
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The Infrastructure Concession Regulatory Commission (ICRC), has said that the approval of the concessioning of its two projects by the Federal Executive…
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Ending the Eid Fitr shortened week, the NGX All-Share Index settled 0.35% higher at 51,355.74 points. Extended gains in Tier-1 banking names, ZENITHBANK (+0.46%),…
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Access Holdings Plc 2022 financial results showed a strong growth across revenue lines, despite the strong macroeconomic headwinds locally and internationally. The Group registered…
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Snapping three consecutive sessions of losses, the domestic bourse posted a 0.04% rebound to close at 51,138.92 points. Gains in GTCO (+0.60%), NB (+1.10%), and…
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The Nigerian Railway Corporation (NRC) generated N715.09 million in revenue from passengers in Q3 of 2022, the National Bureau of Statistics (NBS)…
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Nigeria has failed to service its debt to China which has accumulated to N110.31 billion in the last two years. According to…
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GTCO has declared a final dividend of ₦2.80k per ordinary share of 50k for the 2022 financial year that would be paid…
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United Bank for Africa (UBA) Plc’s has reported that its gross earnings rose by 47.5 per cent from ₦183.9 billion to ₦271.2…
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Heritage Bank has appointed Mr Akinola George-Taylor the new Chief Executive Officer of the Bank. A statement by Ozena Utulu, the Group…
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Africa is facing a severe financing squeeze that, on the back of a series of unprecedented shocks, is disrupting economic growth and…