Nigeria’s bad bank, AMCON, seeks anti-graft agency, EFCC, collaboration to recover N4.6trn debt from recalcitrant obligors
In a renewed strategy to recover a whopping debt obligation of over N4.6 trillion owed it by recalcitrant debtors, the Asset
Nigeria banks’ quote using investors’ window seen moving towards single naira rate
A move on Wednesday that saw Nigerian banks using the naira exchange rate at the Investors’ and Exporters’ foreign exchange window was
Nigeria MSME’s poor credit history, non-bankable collateral hinder access to finance, says Detail Solicitors
Nigerian small and medium scale enterprises’ poor access to commercial credit has been linked to a lack of credit history by the
Zimbabwe’s economy reacts positively to Internet payments
Zimbabwean companies including Delta Corp Ltd. and BAT Zimbabwe Ltd. have seen their fortunes turn as cash-strapped consumers start to
Tech stocks pull down European markets after Amazon miss
European markets were pulled down by technology stocks Friday after Amazon worse-than-expected earnings Thursday sent waves through
Nigeria’s equities surge to 31-month high on H1 earnings expectations
Nigerian stocks Wednesday sustained a two-week long uptrend as all-share index surged 3.4 percent to a 31-month high of 36,740.77
China declares war on Ponzi schemes, fundraising ploys
Chinese police will strike hard against shady financial schemes because of the risk of social unrest from such fundraising ploys,
Nigeria central bank warns of return to negative growth if fiscal policies not activated, holds policy rates at 14%
Rising from its 257th monetary policy committee (MPC) meeting Tuesday, the Central Bank of Nigeria (CBN) voted to hold all policy
Unilever plans debt payment, raw materials, working capital with N58.9bn rights issue
Unilever, the multinational fast moving consumer company, currently in the market for N58.9 billion through a rights issue offering,
Nigerian bourse: Industrial goods, banking sectors boost market as index rise 1.2%
The bullish run at the Nigerian equities market extended into a 14th consecutive trading session Tuesday as the benchmark index (ASI)