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Wednesday, July 28, 2021
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CATEGORY

Markets

CBN bans sales of forex to BDCs

 The Central Bank of Nigeria says it has ended the sales of forex to Bureau De Change operators, saying the parallel market has become...

Ecobank Operates with Greater Efficiency as ROE Increases Amid Headwinds

Ecobank Transnational Inc., Africa's most geographically diverse lender, is operating with greater efficiency even amid a challenging macroeconomic environment and threat of a third...

NOVA Merchant Bank CEO Says Strategy is Long Term Funds for Core Infrastructure Investments

NOVA Merchant Bank intends to continue to go into core infrastructure investments in Nigeria, using long term funds raised from a recent bond issuance...

‘At Orchid we Stepped in to Fill Gaps in the Hotel Industry and Serve Nigerians Better’

JONATHAN ODEGA is the Executive Chairman of Orchid Hotels. In this interview held with the MoneyCentral team of Charles Odum and Azarat Haruna last week, ODEGA explains how his training...

Banks Holdco Structure Turmoil to Spur Insurance Penetration

The push by more Nigerian banks to adopt a full holding company (Holdco) structure as a means of generating higher returns and a well-diversified...

Nigeria’s Access Bank Faces Tough Competition in South Africa Venture

Nigeria's Access Bank PLC faces tough competition from incumbents as it ramps up operations in South Africa, but it could find success in niche markets.On May...

Small Cap Stocks Lead Market Charge so Far in 2021

Small capitalized stocks are the best performers so far in 2021 on the NGX exchange with Lasaco Insurance up a whopping 357 percent year to...

Arteriors: Unconventional Furnishing

Going Off Trend!If you a lover of non-conformity and unorthodox décor ideas, you would understand that creative décor is mostly inspired by out of the...

U.S Firm KBR wins FEED Work on Bua Group Refinery

Bua Group has contracted American engineering firm KBR to carry out front-end engineering and design (FEED) on its proposed refinery in Nigeria.KBR carried out...

Nigeria’s Active Labor Force Plunged by 20 million in Two Years – World Bank

The number of Nigerians active in the labour force plunged by 20 million between 2018 and 2020, the World Bank has said.The bank said...

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