Access Holdings’ N351b Rights Issue Poised To Profit Investors
In a bold move to bolster its financial position, Access Holdings Plc, one of Nigeria’s most prominent financial institutions, has launched a N351 billion rights issue, marking a significant step in its ongoing capital raising programme. The rights issue is part of a broader $1.5 billion capital raising initiative, which the company plans to execute […]
Read MoreRecent Trends In Investor Relations In Nigeria: What MSMEs Can Learn
The investor relations (IR) industry in Nigeria has been buzzing with activity, reflecting a blend of innovation and adaptation. As companies strive to make their mark, micro, small, and medium enterprises (MSMEs) have a unique opportunity to leverage these trends to their advantage. Digital Transformation and Real-Time Reporting One of the significant shifts in […]
Read MoreTapping Into Nigeria’s 2024 Trends For Brand Visibility, Growth
The year 2024 in Nigeria is shaping up to be one of vibrant cultural resurgence, technological adoption, and a shift towards sustainable living. These trends offer brands unique opportunities to connect with their audience in meaningful ways. The Rise of Afrobeat Globalisation Afrobeat, already a powerful cultural force, reached new heights in this period, with […]
Read MoreUnion Bank’s Recapitalisation Highlights Importance Of Investor Relations, Fuels Growth
Union Bank of Nigeria has embarked on a recapitalisation journey, a strategic move that underscores its commitment to financial resilience and growth in a rapidly evolving economic landscape. The bank reported a significant 58.19 percent rise in gross earnings for the first half of 2024, this recapitalisation effort not only aligns with the Central Bank […]
Read MoreBoosting Visibility, Trust For Nigerian Startups Through iHATCH Success
The recent development of the federal government awarding $37,000 to startups under the iHATCH program is a significant boost for the tech ecosystem in Nigeria, with far-reaching implications for branding, public relations, and investor relations in the startups involved. Credibility and Trust Winning a government-backed award through a prestigious program like iHATCH instantly elevates the […]
Read MoreSMEDAN, NIPOST Partnership, A Boost For MSMEs Growth
The recent collaboration between the Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) and the Nigerian Postal Service (NIPOST) offers more than just a logistical solution for small and medium enterprises (SMEs). In providing a 15 percent discount on logistics services, this partnership aligns with broader national strategies, such as the GROW Nigerian initiative, […]
Read MoreForeign Portfolio Inflows Into NGX Rise To $161.4m In H1 2024
In the first half of 2024, foreign portfolio inflows into the Nigerian Exchange (NGX) amounted to $161.4 million, marking a 14 percent year-on-year (YoY) increase from the $141.8 million recorded during the same period in 2023. This growth reflects a renewed interest in the Nigerian market by foreign investors, despite ongoing currency challenges and broader […]
Read MoreCBN Approves Merger Between Unity Bank, Providus Bank
The Central Bank of Nigeria (CBN) has officially approved the merger between Unity Bank Plc and Providus Bank Limited. This landmark decision marks the first merger under the new CBN mandate for banks to bolster their capital bases, aiming to fortify the stability of Nigeria’s financial system. The merger is now pending approval from the […]
Read MoreBoosting MSMEs: From Access Holdings’ N350bn Rights Issue
In a significant shift from traditional marketing strategies, Access Holdings, one of Nigeria’s largest financial services companies, has enlisted the help of social media influencers to promote its N350 billion rights issue. This move highlights the growing importance of social media in financial marketing, particularly as banks and financial institutions seek to reach younger, digitally […]
Read MoreUnlock The Power Of Financial Modelling For Startup Success
As a founder, financial modelling may seem intimidating, but it is actually a powerful tool to tell your startup’s story through numbers. By projecting your company’s future performance, you can secure investments, make informed decisions, and drive growth. Why Financial Models Matter Before building a financial model, it is essential to understand its importance. There […]
Read More