30 results
- 26 Sept 2024
Afrinvest Pioneers Remittance for Investment in Nigeria Through Integration with Western Union
Afrinvest (West Africa) Limited (“Afrinvest”), a leading investment management holding company acting through its wholly owned subsidiary, Afrinvest Asset Management Limited, a fund manager licensed…
- 8 Sept 2025
Afrinvest Marks 30 Years, to Unveil 20th Banking Sector Report
Afrinvest (West Africa) Limited will this month commemorate its 30th anniversary with the launch of the 20th edition of its Nigerian Banking Sector Report (BSR). Established in 1995, Afrinvest began…
- 10 Jul 2020
Afrinvest Sees Fortunes in MTN, Airtel Stocks
Analysts at Afrinvest (West Africa) Limited have made case for investing in the shares of MTN Nigeria Plc and Airtel Africa Plc, saying their current prices are undervalued. In report , Afrinvest…
- 2 Nov 2022
Afrinvest Affirms Nigerian Banks as Resilient Despite Economic Downturn
The 2022 Afrinvest Banking Sector Report has revealed that despite daunting economic challenges, commercial banks in the country recorded modest improvement in all regulatory indicators. The report,…
- 22 Jan 2024
Afrinvest Commences Issuance of N5Bn Commercial Paper Notes
Afrinvest (West Africa) Limited has announced the launch of its N5 billion commercial paper notes as the Series 1 and Series 2 of its N25 billion commercial paper issuance programme. According to the…
- 23 Jul 2023
Afrinvest Forecast Nigeria’s Inflation to Hit 24.0% by Q4 2023
Afrinvest Limited has forecasted that Nigeria’s inflation is likely to touch 24.0 per cent before decelerating in Q4 2023 on the back of the base effect and weakened demand pressure. In view of this,…
- 17 Oct 2018
Banks Cut Loans over Fears of 2019 Election
Commercial banks are cutting loans to key sectors of the economy as they pause and watch the direction of next year’s general elections, according to Afrinvest West Africa Limited, an investment and…
- 31 Aug 2010
Ayodele Attributes Cost of Transactions to High Lending Rate
Mrs. Sola Ayodele, managing Director, Spring Bank Plc has attributed the high lending rate charged by banks operating in the country to the high cost of transactions. Ayodele at the recent 2010…
- 22 Sept 2014
Fears of Banking Crisis over Bad Loans
Some banks in the country are reportedly not making adequate provisions for bad and doubtful loans in their books as mandated by the Central Bank of Nigeria (CBN) and the development may…
- 9 Oct 2023
SecondSTAX Partners NGX to Drive Investment from Across Africa into Nigeria’s Capital Markets
SecondSTAX, a technology company that is building solutions to enhance intra-Africa capital and investment flows, has announced a new partnership with the Nigerian Exchange Limited (NGX) that will…
- 8 Aug 2024
Investors Scramble for Fidelity Bank’s Offers
Investors are literally scrambling for shares of Fidelity Bank Plc as the leading commercial bank’s capital raising continues to gather momentum among all categories of investors. Investors’ appetite…
- 15 Jan 2014
Investors Fret over Sanusi’s Successor
The uncertainty on whether the CBN governor would remain in office till the end of his tenure and the mysteries of who would succeed him should be properly managed if government is interested in…
- 1 Nov 2017
CSCS Announces Haruna Jalo-Waziri as Chief Executive Officer
The Board of Directors of the Central Securities Clearing System (CSCS) Plc has announced the appointment of Mr. Haruna Jalo-Waziri as the Managing Director/Chief Executive Officer of the company…
- 16 May 2016
Experts Say Naira Devaluation Inevitable
Financial experts have said that the Naira, which came under pressure last week following the partial deregulation of the downstream petroleum sub-sector, has to be devalued, with a flexible foreign…
- 30 Jan 2020
Experts set to X-ray potential of Nigeria’s industrial hub as Nnewi Investment Summit holds February 6
As part of efforts to draw attention to the economic opportunities in some of Nigeria’s industrial clusters and grow the Made in Nigeria mindset, Ford Foundation and a group of experts and…
- 7 Feb 2020
NSE Urges Brokers to Combine as It Readies Listing
The Nigerian Stock Exchange is urging stockbrokers to buy dormant licenses or combine with other operators rather than apply for new ones as the bourse prepares to go public. Members of the exchange…
- 17 Nov 2008
Oceanic Registrars Sign New Clients
Oceanic Registrars, a subsidiary of Oceanic Bank International Plc has signed in new big time accounts Registrars and agents of company secretaries to maintain registers of shareholders. The new…
- 28 Jul 2020
NSE Loses N70Bn on Bears Grip
Nigerian Stock Exchange returned to negative territory on Tuesday with the market capitalisation shedding N70 billion due to losses by some blue chips. The market capitalisation was down 0.54 per…
- 5 Feb 2021
Briclinks Africa Plc Lists on NSE Growth Board
The Nigerian Stock Exchange, NSE, admitted Briclinks Africa Plc to its Growth Board in a listing by introduction of 10 million (10,000,000) ordinary shares of ₦1.00 each at ₦6.26 per share yesterday,…
- 16 Sept 2022
Central Securities Clearing System Joins ISSA’s Board
ISSA has announced that Central Securities Clearing System plc (CSCS), Nigeria, has become a member organisation of the Board of Directors of ISSA, effective September 2022. Haruna Jalo-Waziri, CEO…
- 11 Feb 2016
Duke, Others Decry Cancer Deaths in Women
Mrs. Onari Duke, chairman, Child Survival and Development Organisation of Nigeria, has decried the number of Nigerian women and children dying of cancer. Duke, who spoke at a dinner organised by…
- 15 Jan 2016
Customers Shun Domiciliary Accounts, Fear CBN Policy Summersault
Bank customers are shying away from making cash deposits into their domiciliary accounts three days after the Central Bank of Nigeria (CBN) lifted the ban on foreign currency deposits, over…
- 7 May 2025
Gov. Mbah Tasks Youths to Embrace Technology as Enugu Tech Festival Opens
The 2025 Enugu Tech Festival being organised by the Enugu State Government kicked off yesterday with the Minister of Communications, Innovation, and Digital Economy, Dr. Bosun Tijani, describing it…
- 14 Jan 2016
BDC Operators Sabotage CBN, Naira Tumbles to All-Time Low
The Naira dropped to a record low of 305 per dollar at the black market on Wednesday as the new policy of the Central Bank of Nigeria (CBN) failed to lift the local currency. Financial experts also…
- 6 Jun 2024
Fidelity Bank Set to Raise N127.1Bn by Rights Issue, Public Offer
Fidelity Bank Plc said that s it has concluded plans to raise N127.1 billion by way of rights issue to existing shareholders and a public offer, which is a combined subscription. Dr Nneka…
- 8 Jul 2024
Chiemeka's Appointment as NGX CEO will Deepen Market Growth - Professional Group
The appointment of Jude Chiemeka as the Chief Executive Officer (CEO) of the Nigerian Exchange Limited (NGX) has continued to generate widespread acclaim from industry professionals, who believe his…
- 2 Aug 2024
NGX to Revamp Rules Guiding Corporate Listings
Apparently concerned with the dearth in listings in the capital market, the Nigerian Exchange Limited (NGX) has announced it is working on revamping the rules to listings on its platform. This, it…
- 16 May 2025
Fidelity Bank reclaims trillion-naira market cap as stock rises to ₦21
Fidelity Bank Plc, has reentered the trillion-naira market capitalisation club, after its share price rose by 5.3%, climbing from ₦19.95 to ₦21.00 on May 13, 2025, according to data from the Nigerian…
- 18 Sept 2024
CBN Appoints New Board of Directors for Keystone Bank
Central Bank of Nigeria has reconstituted the board of directors of Keystone Bank. The move announced on Wednesday, is part of the apex bank’s strategy to ensure sustained growth for the financial…
- 6 Dec 2015
NSE Conducts Investors’ Clinic for Youths
The Nigerian Stock Exchange (NSE) hosted its fourth quarter Investors’ Clinic targeted at youths in the country. The clinic themed: ‘Securing Your Tomorrow, Today’, was held last Friday at the NSE…