Nigerian Breweries records modest profit growth as revenue jumps 25%
The pace at which the net profit of Nigerian Breweries accelerated in 2022 was considerably weaker than that of its revenue as…
Category: Finance
Ghana: BoG directs banks to submit prudential reports on sex-disaggregated basis
Banks and other deposit-taking institutions in the country are now required to submit their monthly prudential returns to it on…
Nigeria: Zenith Bank’s deputy MD bows out
The Deputy Chief Executive Officer at Zenith Bank, Adaora Umeoji, has retired after seven years in that role. This was…
Togo: EIB to support Togo’s development in the energy, water, and agriculture sectors
The Prime Minister of Togo, Victoire Tomegah-Dogbe, met with the Vice President of the European Investment Bank (EIB), Thomas Östros,…
Nigeria: AfDB issues $2bn five-year global benchmark bond
The African Development Bank has issued a two billion dollar five-year Global Benchmark bond due March 14, 2028. The continental…
Kenya: Foreign investor stock sales ease in February
Net foreign investor sales at the Nairobi Securities Exchange (NSE) eased by more than seven times in February compared to…
Egypt: CBE raises maximum limit of transactions value through InstaPay mobile app
The Central Bank of Egypt (CBE) decided Thursday, March 9, to increase the maximum limits of all transactions conducted through…
Nigeria: Stock market rebounds as investors gain N107bn
The Nigerian Exchange Limited on Wednesday, March 8, rebounded as investors gained N107bn. The market had recorded about N1bn loss…
Nigeria: Investment firm gets ‘BBB’ rating
A technology-driven credit rating agency, Datapro in its latest report issued LandWey Investments Limited a long-term rating of “BBB” with…
Togo secured over CFA 43 billion in Q4 2022
In the last quarter of 2022, the Togolese Approval Committee examined 13 projects and approved 12 of them, for a…