05

Apr

Nigeria’s public debt profile rises to N46.25tn- NBS

Recent publication by the National Bureau of Statistics (NBS) has revealed that Nigeria’s public debt stock which includes external and domestic debt stood at N46.25 trillion (US$103.11 billion) in Q4 2022 from N44.06 trillion (US$ 101.91 billion) in Q3 2022. This shows that public debt (in national currency) grew by 4.96% in Q4 2022. External debt stood […]

05

Apr

Access Bank Plc gets US$300 million capital investment

Access Holdings Plc has announced its completion of a US$300 million capital investment into its flagship subsidiary, Access Bank Plc, the proceeds of which will supplement the capital needs of African expansion strategy. Over the years bank has made significant strides towards attaining strong market presence in the key trade and payment corridors across the African continent.[…]

05

Apr

NGX records N318.52bn of listings in Q1 2023

The X-Compliance report of Nigerian Exchange Limited has revealed that the Exchange recorded N318.52bn of listings across its equities, fixed income, mutual funds and derivatives categories.  The X-Compliance report is a transparency initiative of NGX designed to maintain market integrity and protect the investors by providing compliance-related information on all listed companies. Through the report, NGX ensures[…]