Investors lost N116bn on Wednesday as sell pressures in MTN, Access Bank, Stanbic dragged the NSE-ASI

Investors lost N116bn on Wednesday as sell pressures in MTN, Access Bank, Stanbic dragged the NSE-ASI

Charles Abuede The local bourse continued in its staggering movement on Wednesday due to selling pressures in MTN Nigeria (-2.9%), Access Bank (-3.6%), and Stanbic IBTC (-1.0%) which dragged the All-Share Index lower by 0.57 per cent to settle at 39,045.13 points. As a result, the market year to date loss worsened to -3.0 per […]

Nigeria's Access Bank buys $60 million stake in South Africa's Grobank

Nigeria’s Access Bank buys $60 million stake in South Africa’s Grobank

An Access bank signage is displayed on the roof of the bank’s building along Herbert Macualay way in Abuja, Nigeria, August 30, 2017. REUTERS/Afolabi Sotunde ABUJA (Reuters) – Nigeria’s biggest lender Access Bank has invested around $60 million to acquire a stake in South Africa’s Grobank, its chief executive said on Tuesday, to become the […]

Corporate lending

Dealing with more than 200 corporate and banking transactions each year means we are able to bring experience and a commercial edge to the advice we give you. Acting for borrowers, lenders and investors means we understand the needs of all parties in financing a transaction. Clients say we are “one of the most commercial […]

EY, Edinburgh Varsity Engage Stakeholders on SDGs Data Analytics

EY Nigeria and University of Edinburgh recently engaged stakeholders on the Sustainable Development Goals Data Analytics, with participants drawn from the public and private sectors, as well as developmental institutions, civil societies and NGOs. The three-day workshop with the theme ‘SDGs Data Management for enhanced Corporate Sustainability Performance’, sought to understand the current efforts to […]

GhIPSS, partners intensify education on Ghana’s QR Code for payment

The Ghana Interbank Payment and Settlement Systems (GhIPSS), a subsidiary of the Bank of Ghana , and partner institutions have embarked on public education to create awareness and to drive patronage of Ghana’s Universal Quick Response code for payment. Vice-President Mahamudu Bawumia launched the GhQR last year to add up to Ghana’s existing electronic payment […]