WHO WANTS TO BUY 9MOBILE?

The MPC concluded its third seating for the year with all policy rates left unchanged save the Cash Reserve Requirement (CRR) which was harmonized to 31.0%. This was in contrast to the previous 20.0% on private sector deposit and 75.0% public sector deposit (35.0% effective rate as at February 2015). We expect the equities market to react positively to this, given its implied impact on interest income of banking tickers going forward.

Procter & Gamble, AP Moeller-Maersk A/S, the world's largest shipping container line, and German company, Bosch have announced plans to increase their investments in Nigeria as they seek to expand their operations. Procter and Gamble recently invested an additional $300 million for the expansion of its manufacturing plant in Agbara Industrial estate in Ogun State. P&G’s President for India, Middle East &Africa, Mohammed Samir, said the company’s commitment to growth and development of Nigeria is reflected in its continued investment in the country.

Poised to increase insurance uptake and deepen insurance penetration...

Leadway Holdings, one of Nigeria's leading non-banking financial services...

  Africa’s leading integrated payments and digital commerce company, Interswitch...

The Nigerian Communications Commission (NCC) has kicked off activities...

NLNG’s representative, Titi Horsfall (2nd left) receives the FIRS’...

Africa Blue Economy Forum (ABEF) comes to Tunis, Tunisia...