06/05/2023
“The Business Desk will provide tailored support and guidance to French businesses operating in Nigeria, as well as Nigerian businesses seeking to expand their presence in France.”
06/05/2023
Supply Chain Finance is emerging as an effective instrument to reduce financing gaps in developing markets.
06/05/2023
Co-op Bank increased its dividend payout by 50 percent to Sh1.5 per share for the year ended December 2022. The enhanced dividend was paid to shareholders who were on record as of May 24, 2022.
06/05/2023
Similarly, income from fees and commissions recorded significant growth, rising by 25.7 per cent to N7.68 billion from N6.1 billion within the period under review.
06/05/2023
The doubling of the listed units came on the back of increased demand, with a total of 827,400 units traded last year compared to 75,800 units in the previous year, representing a 10.9 times jump in volumes.
06/02/2023
Data now brings more revenue than fees on bond trades which increased 18.4 percent to Sh79.3 million from a restated Sh66.9 million.
06/02/2023
It said the updated summary of economic and financial data by the Bank of Ghana revealed further weakening in asset quality and erosion in capital buffers during the first 4-months of 2023.
06/01/2023
South Africa’s state companies are in a dire state. The country is suffering power cuts of more than 10 hours a day because Eskom can’t meet demand.
05/31/2023
Since July 2021, DP World Trade Finance has partnered with 23 financial institutions and generated over $700 million in credit limit submissions
05/31/2023
“If you failed to add value, you go nowhere. All the governments are talking about manufacturing but you cannot have manufacturing without infrastructure in place and infrastructure without power.
05/31/2023
Continuing Alawuba said, “As a bank that is interested in the welfare of both staff and ex-staff, we are going to roll-out products that are specifically tailored to suit the needs of all our alumni.”
05/31/2023
The provincial government ran a survey which drew 133 responses from local businesses. Of these businesses, 26% indicated they had moved their main operations overseas to counter the skills shortage.
05/31/2023
The strategy is aimed at raising their interest income besides reducing the risk of paper losses that face holders of fixed-income securities in a rising interest rates environment.
05/30/2023
“Shareholder capital raise is required to retire the Sh4 billion debt issued by Stanbic Bank well ahead of the February 2025 repayment date.”
05/30/2023
President Muhammadu Buhari, in November 2022, officially unveiled the newly redesigned naira denominations of N1000, N500 and N200 that were introduced by the CBN.
05/29/2023
The bank has invested heavily and supported key governments of various African countries with over $1bn in infrastructural development, especially in roads, hospitals, health, power, and other critical sectors.
05/25/2023
In the Draft Budget Estimates for the financial year 2023/24, the Treasury has budgeted Sh241.75 billion for the maturing bond
05/24/2023
The agreement includes the latest review of Extended Fund Facility and Extended Credit Facility arrangements
05/24/2023
This is an increase of Sh162.5 billion
05/23/2023
However, recruitment activity in the month was also impacted by the slew of public and school holidays that took place over the review period.