06
AprAirtel Africa leads losers as stock market drops further by 1.88%
Transactions on the floor of the Nigerian Exchange on Wednesday closed on a bearish note, occasioned by 10.00% decline in the share prices of Airtel Africa and other 13 stocks. The All Share Index dropped further by 1.88% to close at 53,018.97 points from the previous close of 54,035.39 points. […]
06
AprFG secures $800m as palliatives for fuel subsidy removal
The Minister of Finance, Budget, and National Planning, Zainab Ahmed, has disclosed that the Federal Government of Nigeria has secured the sum of $800 million from the World Bank under the National Social Investment Programme as part of palliatives to cushion the negative effects of the plan to remove subsidy[…]
05
AprNigeria’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[…]
05
AprAccess 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[…]
