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Jennete Ugo Anya
- March 6, 2025
Moniepoint, AfriGO To Launch 5m Contactless Cards In Nigeria
Moniepoint has joined forces with AfriGO, the national domestic card scheme, to introduce five million contactless payment cards across the country. This move is set to accelerate Nigeria’s transition toward a cashless economy by providing consumers and businesses with a seamless and secure way to make transactions using tap-to-pay technology. The initiative leverages Moniepoint’s extensive […]
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- March 6, 2025
AfDB Proposes $230m Trade Finance Boost For Access Bank
The African Development Bank (AfDB) is planning a $230 million trade finance package for Access Bank Plc to enhance trade finance and provide foreign exchange liquidity for small and medium-sized enterprises (SMEs) in Nigeria. A recent Project Summary Note outlines the facility’s structure and expected impact on Nigeria’s trade ecosystem. The package comprises a $170 […]
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- March 5, 2025
BUA Cement Declares ₦2.05 Final Dividend
BUA Cement Plc has announced a final dividend of ₦2.05 per ordinary share of 50 kobo for the financial year ended December 31, 2024, with payments scheduled for August 28, 2025. In a recent statement published on the Nigerian Exchange Group (NGX) and signed by Company Secretary, Hauwa Satomi, BUA Cement confirmed that only shareholders […]
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- March 5, 2025
Smart Residences Gets ₦2.5bn In Series II Commercial Paper
Smart Residences Limited (SRL), a leading Nigerian hospitality firm, has successfully redeemed its Series I commercial paper while securing full subscription for its Series II issuance, raising ₦2.5 billion from investors. The Series I commercial paper, issued on April 24, 2024, was fully redeemed on January 16, 2025, reaffirming SRL’s commitment to meeting its financial […]
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- March 5, 2025
Fidelity Bank’s Additional Share Listing Lifts NGX By N94bn
The Nigerian Exchange (NGX) had seen a boost in market capitalisation on Monday, 3 March, 2025, as Fidelity Bank Plc’s listing of additional shares added N94 billion to the exchange. This came after the successful conclusion of the bank’s hybrid offer, which included both a rights issue and a public offer that were oversubscribed. A […]
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- March 5, 2025
Investor Relations View On Nigeria’s Tax Reforms And Growth
By Enam Obiosio I find the seeming debate between Mr. Taiwo Oyedele, Chairman of the Presidential Committee on Tax Reforms, and Dr. Paul Alaje, Chief Economist of SPM Professionals, on tax reforms particularly relevant to the investment climate in Nigeria. While tax reforms present an opportunity for economic transformation, they also raise critical concerns that […]
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