06/13/2023
The management of the airline also disclosed it was in the process of identifying a financial adviser to help develop an investor memo to guide the selection of the preferred investor(s).
06/13/2023
Based on DataPro’s analysis, TrustBanc’s assets were predominantly composed of liquid assets, accounting for 89 per cent of the total assets as of the end of 2022.
06/12/2023
Executives in South Africa have been criticising the government and Ramaphosa for months, warning that not enough was being done to keep the country from becoming a failed state.
06/12/2023
The chairman expects Eskom to turn a corner by 2025 and that the energy availability factor could potentially rise to 70% by then.
06/12/2023
It added that the achievable GDP growth rate within the next four years would be around 4-4.5 per cent.
06/09/2023
The group said that the reduction in earnings and headline earnings per share is partly due to the higher unrealised foreign exchange losses
06/08/2023
Investmint was started by Gareth Price in 2017 and the platform was officially launched in 2019.
06/07/2023
“We forecast GDP growth of only 0.1% in 2023, with the risks to our forecasts remaining on the downside,”
06/06/2023
The report said accretion into the federation account decreased by 32.3 per cent in February relative to the preceding month, on account of the 60.2 per cent fall in oil revenue.
06/06/2023
The group’s total exposure as of the end of 2022 was N167.55bn, its impairment stood at N35.55bn and its net position was N132.00bn.
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.