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Flutterwave was founded on the principle that every African must be able to participate and thrive in the global economy. To achieve this objective, we have built a trusted payment infrastructure that allows consumers and businesses (African and International) make and receive payments in a convenient border-less manner. We are recruiting to fill the position […]

Stanbic IBTC Plc Halts Uptrend, Slides by 7% The share price of Stanbic IBTC Plc declined by 7% to close at N65 on Friday, stock market data showed. The financial services group market valuation then rested at N842 billion due to selloffs. Stanbic IBTC Holdings Plc had crossed N1 trillion in market capitalisation before it […]

Market Upgrades Unity Bank Valuation by 57% Unity Bank Plc’s share price has been gathering energy from increased demand by Alpha seekers taking position amidst an unconfirmed Merger and Acquisition deal.  The bank share price climbed by 57% in five trading sessions due to heavy positioning.  As of Friday, equities investors in the Nigerian Exchange […]

MeCure Industries Plc Enjoys Post-Listing Gains The stock market price of MeCure Industries Plc spiked by 61% to N9.21 in the last five trading sessions, data from the Nigerian Exchange shows. The company is now worth N36.84 billion. The price increase followed sustained interest in the company’s future earnings performance by equities investors. MarketForces Africa […]

NGX Rises to N39.17T as Equities Investors See N65bn Gain The Nigerian Exchange (NGX) market capitalisation rose to N39.17 trillion after sustained bullish momentum added about a N65 billion gain to investors’ wealth. On weekly comparison, the local exchange ascended by 0.17%, driving a year-to-date return far ahead of an annual inflation rate of 27.33%.t […]Read More

DMBs Preferring Investment in Bonds Over Lending –Report Deposit Money Banks (DMBs) in Nigeria showed a strong preference for investing in government bonds and other fixed interest securities over lending amidst increasing risks of delinquent loans in the sector. Local lender loan appetite switched despite Central Bank of Nigeria’s (CBN) 65% loan-to-deposit ratio, FitchSolutions hints […]

Nigeria Oil Boosts Ease Fiscal Pressures After a long period of underperformance, the Nigerian government has seen an improvement in oil export receipts after the nation’s oil production level increased over the months. This has reduced fiscal pressures as revenue from hydrocarbon sakes still accounts for the largest chunk of overall income to the government. […]

Naira: CBN to Develop New Foreign Exchange Guideline –Cardoso The Central Bank of Nigeria (CBN) has revealed a plan to launch new foreign exchange (FX) guidelines to curb pressures on the local currency. A sustained increase in demand for foreign currency has reduced the value of the Nigerian naira. While demand for the US dollar […]

A group of youths from the south-south states have urged the National Judicial Council, NJC, to urgently investigate all the conflicting tribunal and Appeal Court cases in some states of the country. The group specifically wants the Zamfara, Plateau, and Kano cases to be revisited by the NJC, describing the judgments as “scandalous”. In a […]

The Speaker of Kogi State House of Assembly, Rt Honourable Aliyu Umar Yusuf has said the House of Assembly will make a law to ensure power rotation among the senatorial zones in the state. Umar states this yesterday when he received the Kogi West Ododo/Joel Campaign Council led by its director general, Mr. Funsho Olumoko, […]

Legal practitioner, Sosepriye Long Williams Esq. has felicitated with all the lawyers who were recently conferred with the title of Senior Advocate of Nigeria (SAN). In a statement, Mr Long Williams commended the efforts of the new SANs, describing their elevation as a “great feat”. He noted that they will be formally robed by the […]

*ECOWAS Condemns Reported Arms Plot to Disrupt Sierra Leone’s Stability Sierra Leone has declared a nationwide curfew after gunmen attacked a military barracks in the capital, Freetown, according to a government statement, after months of post-election unrest in the West African nation. Sierra Leone’s government on Sunday said they had repelled the attack at the […]