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Access Bank Kenya's assets, liabilities to be transferred to National Bank of Kenya

Nigeria, Sept. 24 -- The Central Bank of Kenya has announced the transfer of the entire assets and liabilities of Access Bank (Kenya) Plc to National Bank of Kenya Limited as part of a business combin... Read More


MPR cut is positive for markets, analysts say

Nigeria, Sept. 24 -- The decision by Nigeria's monetary authority on Tuesday to cut the reference rate by up to 350 basis points could have a broadly positive impact, according to analysts. "I actual... Read More


Rate cut positive for markets, analysts say

Nigeria, Sept. 24 -- The decision by Nigeria's monetary authority on Tuesday to cut the reference rate by up to 350 basis points could have a broadly positive impact, according to analysts. "I actual... Read More


Nascon, Coronation, Jaiz Bank top stock pick this week

Nigeria, Sept. 21 -- Nigerian stocks advanced by 2.9 per cent last week, lifted by bank and oil & gas equities. All the sector indexes appreciated during the week. The main equity index has yielded 6... Read More


Dangote Refinery to double workforce in expansion push

Nigeria, Sept. 18 -- Dangote Petroleum Refinery and Petrochemicals FZE plans to double its labour force to meet its target of doubling its processing capacity by 2029. "Well, within the refinery, the... Read More


Dangote Refinery plans US listing in three to four years

Nigeria, Sept. 14 -- Africa's richest man aims to list his 700,000 barrel-per-day oil refinery, which commenced its initial public offering Monday morning, in the United States in the next three to fo... Read More


BREAKING: Billions of naira subscribed by investors within minutes of Dangote Refinery's IPO opening - Official

Nigeria, Sept. 14 -- Dangote Refinery, which kicked off its Initial Public Offering (IPO) on Monday morning, attracted billions of naira within minutes of opening from thousands of investors, Aigboje ... Read More


Transcorp, AXA Mansard, GTCO top stock pick this week

Nigeria, Sept. 14 -- Nigerian stocks slid by 1.6 per cent last week, following profit-taking activities across all sectors except oil & gas. The Insurance Index was worst hit, declining by 5.5 per ce... Read More


Dangote Refinery opens order book for $1.6 billion Africa's biggest IPO

Nigeria, Sept. 14 -- Dangote Refinery will Monday open the order book for its $1.6 billion initial public offering IPO (IPO), marking the kickoff of the capital-raising programme that is targeting ret... Read More


Otedola speaks on FirstHoldCo's inclusion in FTSE Frontier 50 Index

Nigeria, Sept. 8 -- The Chairman of First HoldCo Plc, Femi Otedola, has described the company's inclusion in the FTSE Frontier 50 Index as a "defining milestone" in the evolution of the financial serv... Read More