10/23/2020
Chief executive Johnson Oltetia said the state-backed lender will piggy-back on AfDB’s top credit rating (AAA) with a stable outlook in the debut cash call, and thereafter build its own reputation among investors.
10/23/2020
It was part of a plan to diversify away from South Africa, which accounts for most of its earnings, as the economy struggles a recession, high unemployment and corruption.
10/23/2020
Gross earnings was N2.63bn, compared to N2.90bn in Q3 2019, a nine per cent year-on-year decline.
10/22/2020
“What many insurance firms are doing now is to divest from where they had invested money, such as in Treasury bonds, to meet obligations of increased withdrawal requests for pensions and surrenders from life products.”
10/22/2020
The pension funds especially want to leverage their long-term funding model for the projects through the government’s public private partnership (PPP) model.
10/22/2020
Financial literacy is a key component to improving individual financial behaviour, preventing over-indebtedness and ensuring overall financial resilience.
10/21/2020
Many experts slammed this plan as a “wish list of imaginary blessings” and the recycling of old and failed policies.
10/21/2020
Africa Re is said to have more than ten years of experience in offering Retakaful products that are Sharia-compliant and vital for Takaful companies to meet their business needs.
10/20/2020
The other Nigerian companies that made the list aside Glo Mobile (25th) are: Nigerian Breweries (28th), Dangote Cement (42nd), Zenith Bank (45th), Access Bank (51st), United Bank of Africa (54th)
10/20/2020
It is the third time in a row the financier is being recognised as the Best Bank in Kenya by EMEA Finance
10/20/2020
The importance of developing the rural economy in a sustainable manner has become even more evident following the impact of Covid-19.
10/20/2020
Fitch forecast the cash deficit to narrow to 7.1% of GDP in 2021 and to 6.0% in 2022, but a failure to consolidate following the December 2020 presidential election is a key risk to its projections.
10/20/2020
Also lacking widespread investor appeal, BEE has seen over a third of its shares fall in the hands of City of London Investment Management and Lazard.
10/20/2020
They invariably were the doctors, lawyers, dentists and virtually anyone else who was self-employed.
10/19/2020
Govender said that you can only cash out your pension fund if you withdraw from the fund – in other words, when you resign or lose your job.
10/19/2020
In an opening address, Valerie Dabady, a Manager in the Bank’s Resource Mobilization and Partnerships Department, welcomed participants, highlighting the opportunities the seminar provides to external partners eager to know more about the Bank&r
10/19/2020
The KGL Group has received “The Most Outstanding Customer Award” from the Management of Stanbic Bank Ghana Limited.
10/19/2020
Robeco has 17 offices worldwide and has $174bn in assets under management, of which $161bn is committed to ESG integration (June 2020).
10/19/2020
The southern African nation isn't making it any easier for bondholders to give it breathing space.
10/19/2020
Nigeria, Botswana and Namibia round off the top five. Nigeria has relatively liquid markets, while Namibia and Botswana enjoy a high concentration of domestic assets from pension funds.