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CATEGORY

Fixed Income & Bonds

How Will Russia’s War With Ukraine End? Here are 5 Possible Outcomes

Less than two weeks into Russia’s invasion of Ukraine and the country’s people and armed forces continue to mount a staunch — and undeniably...

Stanbic IBTC, ARM, Trustfund, Premium, and Sigma Pensions are Top 5 PFAs

The top 5 ranked PFAs by RSA registrations at the end of 2021, according to PENCOM data were: Stanbic IBTC Pension Managers Limited (20.2%),...

Seplat Reaches $36mn Settlement with Access Bank on Cardinal Dispute

Seplat Energy has resolved its dispute with Access Bank over Cardinal Drilling Services by buying four rigs for $36 million. Access Bank had provided a...

3 Risks Companies Take When Putting Bitcoin on Their Balance Sheet

Companies like EV maker Tesla and software firm MicroStrategy have bought bitcoin with corporate cash. That move may have "severe" consequences, according to strategist Jerry...

Dangote, Rabiu, Adenuga make Forbes’ Africa Richest People List

The Chairman and Chief Executive Officer of Dangote Group, Aliko Dangote, has been named the richest man in Africa for the 11th year in...

NGX Facilitated over N7 trillion Worth of Capital Raises in 2021

The Nigerian Exchange Group or NGX facilitated over N7 trillion worth of capital raises across several asset classes for both public and private corporations...

Lagos Struggles to Raise N125bn Bond as PFAs Get Cold Feet

The Lagos State Government has gone to the bond markets for new round of borrowings to the tune of N125 billion, however it is...

Zenith Now Nigeria’s Largest Bank by Market Cap on GTCO Stock Slide

Zenith Bank has assumed the position of Nigeria’s largest lender by market capitalization as Guaranty Trust Holding Company (GTCO) shares continue to slide on...

Interest Expense Falls for Nigeria Firms Who Refinanced to Lock in Low Yields

Nigeria’s non-financial firms have enough cash to make interest payments on their debts that have reduced on the back of a low yield environment...

Access Banks profit from rest of Africa now 24% of operations

Access Bank Nigeria’s largest lender by assets is beginning to see upside from its aggressive expansion and acquisitions in the rest of Africa region. The...

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