Business
Bank to leverage Nigeria’s Fintech market, acquires MFI
A Developmental Investment Bank, DLM Capital Group, has revealed plans to expand into Nigeria’s million-dollar fintech industry following its acquisition of Links Microfinance Bank. The post Bank to leverage Nigeria’s
‘Support for indigenous brands critical to economic growth’
The Managing Director, Rite Foods Limited, Seleem Adegunwa, has called on Nigerians to support indigenous businesses to grow and compete with international brands The post ‘Support for indigenous brands critical
FBNInsurance, others earn global recognition
FBN Insurance and other insurance companies have emerged as Nigeria’s best general and life insurance providers in 2020 at the World Finance Insurance Award. The post FBNInsurance, others earn global
MTN to put $6 billion value on mobile money unit
MTN Group Chief Executive Officer, Ralph Mupita, has said that the telecommunications firm targets a valuation of between $5 billion and $6 billion of its mobile money arm The post
Operators decry slow take-off of commodities exchanges
Operators have attributed slow take-off of commodities exchanges in Nigeria to the government’s lack of understanding of the workings of the specialised market The post Operators decry slow take-off of
LAPO MFB promotes global money week in Nigeria
Banking hall By Providence Adeyinka LAPO Microfinance Bank Limited has joined other financial institutions and stakeholders around the world to promote the 2021 Global Money Week, GMW, themed “Take Care
ASHON mulls liberalization of moribund govt assets to revive economy
By Peter Egwuatu The Association of Securities Dealing Houses of Nigeria, ASHON has called on the Federal Government to enhance the economy through deepening the capital market by liberalizing moribund
Investors weigh-in macroeconomic trend
• Lose N93bn despite market rebound By Nkiruka Nnorom Having come to the end of the 2020 full year earning season where more than 70 percent of the quoted
CBN crashes liquidity mop-up, raises yields on treasury bills
CBN By Babajide Komolafe The Central Bank of Nigeria (CBN) drastically reduced its liquidity mop up activities through treasury bills by 81 percent, year-on-year, y/y, to N793 billion in the
44 companies to face NSE’s sanctions over default filing
•3 blame regulators for delay Directors not companies should be penalized – Shareholders By Nkiruka Nnorom A total of 44 companies quoted on the Nigerian Stock Exchange, NSE, may
