Global credit rating agency Fitch Ratings has said that the ongoing freeze on U.S. foreign aid and rising global trade tensions, including the imposition of tariffs, are unlikely to lead to widespread credit downgrades cross Africa. The agency noted that the region’s limited integration into global value chains […]
Category: Money Market
Money Market
ISA 2025 Will Stimulate Economic Growth – SEC
The Securities and Exchange Commission (SEC) has said that the Investments and Securities Act 2025 is a game changer that has the strong potential for stimulating growth for the Nigerian capital market and the economy. Director General of the SEC, Dr. Emomotimi Agama who stated this during an […]
ISA 2025: Ponzi Operators Risk 10 Year Jail Term, N20m Fine -SEC
Promoters and operators of any entity engaged in a prohibited scheme commits an offence and is liable on conviction to a penalty of not less than N20m or imprisonment to a term of 10 years or both. This is one of the provisions of the newly […]
Ecobank Group Reports $333m Profit After Tax In 2024
Ecobank Group Plc has announced its audited financial results for the 2024 fiscal year, reporting a 16 per cent increase in profit after tax (PAT) attributable to shareholders, reaching $333 million. This growth was driven by strong fee and commission income, operational efficiencies, reduced impairment charges on other […]
Zenith Bank Gross Earnings Hits N3.97 trillion in 2024
Zenith Bank Plc has announced its audited financial results for the year ended December 31, 2024, delivering significant growth across key performance indicators. The Bank’s impressive performance reflects effective management and pricing of its risk assets, as well as an optimized treasury portfolio, reinforcing its position as a leader in […]
Zambian Vice President Nalumango Arrives Nigeria for Access Bank’s Women’s Conference
Zambia’s Vice President, Mutale Nalumango, arrives Nigeria today for an official visit to attend the 2025 International Women’s Day (IWD) Conference, organized by Access Bank. The highly anticipated event, scheduled for Friday, March 28, 2025 will bring together influential women leaders, policymakers, and advocates from across Africa and […]
Nigeria, OECD Partner On Economic Growth, Illicit Financial Flows
The Federal Ministry of Finance has forged a strategic alliance with the Organisation for Economic Co-operation and Development (OECD) to combat illicit financial flows and strengthen Nigeria’s economic growth framework. This collaboration marks a significant step in strengthening the country’s financial framework and reinforcing global partnerships for […]
Fidelity Bank Equips Entrepreneurs for Global Trade Success with EMP 18
Tier-one lender, Fidelity Bank Plc, has once again highlighted the importance of promoting non-oil exports as it recently hosted the 18th edition of its dedicated capacity development training tagged Export Management Programme (EMP 18). The programme, which was held recently in Lagos provided a platform for entrepreneurs interested […]
Access Bank Celebrates Women Leaders at IWD Conference 2025
Access Bank has announced that it will be honouring the distinguished Power of 100 awardees at its upcoming International Women’s Day (IWD) Conference. The event, scheduled to take place on March 28, 2025, will celebrate the achievements of exceptional women who have demonstrated outstanding leadership, innovation, and impact […]
Hydrogen Donates Solar-Powered System To Lagos School
Hydrogen Payment Services Company Limited (Hydrogen), a subsidiary of Access Holdings Plc in collaboration with the Lagos State Ministry of Education, has donated a 5KVA solar-powered inverter system to Ikosi Senior High School, Ketu. The initiative provides a clean, renewable energy source dedicated to ensuring sustainable access […]