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Alternative Investments

05/18/2022

AIO President Seeks Improved Insurance Penetration in Africa

According to him, this shows the weakness of our industry, and the vast potentials to be exploited.

05/18/2022

Allianz still reviewing details of Jubilee partnership deal

For now the focus is on business as usual.

05/17/2022

CIEL Limited delivered a solid performance across its diversified portfolio in the nine months ended 31 March 2022

The Group upheld its tight cost control and business optimisation measures

05/17/2022

FBN Holdings Calms Nerves Amid Agitations for FY 2021 Results

These issues have prompted an appetite for the financial statements of the organisation, with the delay in releasing them causing people to ask questions.

05/16/2022

Nine banks’ non-performing loans rise, hit N814bn – Reports

Access Bank in 2021 reported N181.5bn NPL by value, representing an increase of 4.3 per cent from the N161.2bn it recorded in 2020

05/13/2022

EBRD supports the development of Morocco’s capital market

After launching the first “green bond” in the Moroccan banking sector in 2016, BOA remains innovative in its sustainable and inclusive finance instruments.

05/13/2022

CMA licenses three fund managers as African Alliance drops investment banking

“The investment bank notified the Authority of its intention to cease operation of their Investment Bank activities"

05/13/2022

African Development Bank Group, Ethiopia sign agreements

The agreements will support agro-industrial park, youth employment and Ethiopia-Djibouti power interconnection

05/13/2022

Cameroonian billionaire, Alain Nkontchou, increases investment in Ecobank to N3.58bn

The Cameroonian’s investment in the financial institution is now worth N3.58 billion.

05/12/2022

Rehma Imrith, IQ-EQ: Mauritius is a connector between Asian private investments and African markets

Mauritius already plays a pivotal role by facilitating impact investments on the continent.

05/10/2022

Johannesburg Stock Exchange first to market with trading analytics platform

JSE Explorer uses peer group rankings to allow trading firms to examine their market share and analyse how they interact with the order book.

05/10/2022

15 things to know about offshore investing

There are now very few barriers to entry for those wishing to externalise their funds

05/10/2022

FBN Insurance records N38.6b gross premium

Ojumah said the company, considered as a fringe player at inception in 2010 has risen to become one of the top two life insurers in the country.

05/10/2022

AXA Mansard records N28.64bn quarterly premium

It stated that its operating expenses rose by one per cent to N2.54bn from N2.52bn in March 2021

05/09/2022

MIREME Launches $5 Million Fund to Expand Usage of Natural Gas Vehicles

The creation of this fund responds to the Government’s goal of boosting the value chain of national primary products

05/06/2022

Mozambique Will Receive $20M Capital Gains from Sale of Vale Assets

As part of the operation, the Indian multinational will carry out investments in the mines

05/06/2022

Standard Bank Maintains Expectations of Slow Recovery in a “Two-Speed” Year. Second Semester of Strong Economic Recovery

The projected growth is partly linked to the easing of Covid-19 related restrictions.

05/05/2022

Graft-Hit South Africa Firm Weighs Sale After Turning a Profit

The shares reversed declines to trade 0.4% higher as of 2:20 p.m. in Johannesburg on Wednesday.

05/05/2022

FBN Insurance pays N16.1 claims

Customer satisfaction is the fulcrum of insurance business

05/05/2022

GTR Leaders in Trade 2022

GTR revealed the shortlist for the Leaders in Trade awards in March

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