16

Sep

How finance industry can take advantage of AfCTA- FG

The Federal Government of Nigeria has urged the Nigerian finance industry to take advantage of the opportunities in the African Continental Free Trade Area. The African free trade will create $3.4 trillion opportunity and deepen the financial technology space for the industry. According to Finance Minister, Zainab Ahmed, an expanding infrastructure and a growing financial technology were […]

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15

Sep

Nigeria’s inflation rate hits 20.52% in August 2022- NBS

Report published by the National Bureau of Statistics has revealed that the headline inflation rate in August 2022 grew to 20.52% from 19.64% reported in July 2022. This was 3.52 percentage points higher compared to the rate recorded in August 2021, which was (17.01%). This shows that the headline inflation rate increased in the month of August[…]

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15

Sep

MTN Nigeria to raise N100bn via bond issuance

MTN Nigeria Communications Plc has notified the investing public that it has completed registration with the Securities and Exchange Commission of its new N200 billion bond issuance programmed it announced in July 2022. Consequently, MTN Nigeria has received SEC’s approval to launch the Series I (Tranche A) 4-Yaer Fixed Rate Bond and (Tranche B) 10- Year Fixed[…]

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