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Sunday, January 17, 2021
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Heirs Holdings Acquires 45% of OML 17 from Shell, Total and ENI

Heirs Holdings (“HH”), the leading African strategic investor, in partnership with affiliated company Transnational Corporation of Nigeria Plc (“Transcorp”), Nigeria’s largest publicly listed conglomerate, announced today the...

Nigeria’s Telecomms Sector Still in Growth Mode Led by Data

Nigerians telecommunications sector was in growth mode in the third quarter of 2020, led by data and internet subscriptions which rose by 23 percent...

Listed Insurers Record Premium Growth Despite Covid-19 Headwinds

Nigerian listed insurers have continued to expand their underwriting portfolios even amid the coronavirus crisis and a difficult business environment as premium growth accelerated...

Pension Assets Hit N11.56trn as Fund Managers Buy Money Market Securities, REITs

The total Pension assets under management (AuM) in Nigeria hit a high of N11.56 trillion as at September 2020 as fund managers continued to...

Nigerian Banks Deliver Higher Returns than Africa Peers, but Tough Times Lie Ahead

Despite what should have ordinarily been a tough year for Nigerian banks, they have delivered much higher returns to their shareholders than peer rivals...

India, Spain, Netherlands are Top Export Markets for Nigeria Goods

India, Spain and the Netherlands were the three (3) largest export markets of Nigeria in the third quarter (Q3) of 2020. India Export trade to India...

Musk as World’s Richest is Bad News for OPEC to Dangote

The emergence of Elon Musk the entrepreneur behind Tesla Inc. and SpaceX, as the richest person on the planet, while a testament to ingenuity...

Stanbic IBTC Customers Groan as Mobile Banking App Crashes Again

Stanbic IBTC Bank customers have continued to groan as its mobile Banking Super App continues to disappoint with major down times due to crashes...

Mean Reversion for Oil, Consumer Stocks to be Powered by Economic Rebound

Despite being cheap, the foundation for beaten down oil and consumer goods stocks to outperform other sectors on the Nigerian Stock Exchange (NSE) lies...

Corporate Non Sovereign Issuances Set Record, Exceed N1 trillion in 2020

Nigerian corporate non-sovereign issuance reached a record N1 trillion last year as companies took advantage of the low interest rate environment and buoyant system...

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