Nigeria leads Africa investability gains
•Up four places in Bloomberg’s ranking By Yinka Kolawole Nigeria has emerged as the biggest climber among major African economies in Bloomberg Economics’ 2026 Investment Risk-O-Meter, rising four places to eighth position on the back of improved economic and fiscal fundamentals. The latest scorecard released yesterday, which assesses the relative investability of 19 African economies, […]
App monetisation: Can Verve Payment Wallet save developers?
Africa’s payment card, Verve has said that it has developed a solution that will help mobile application developers to monetize their products and services without going through the telecommunication companies.
Modern technology can save farmers from poverty —Experts
Leading agriculture experts have attributed hunger and poverty tin Africa to the decline in agriculture , adding that growth in agriculture equates to a reduction in hunger and poverty.
Current exchange rate policy portends more risk to economy
The exchange rate policy of using the foreign reserves to defend the naira being pursued by the Central Bank of Nigeria (CBN) portends more risk to the economy.
Revisiting the Nigerian Stock Exchange —1
“Stock Exchange lost N780bn in turbulent Q1”, PUNCH, April 22, 2014.
The report by Simon Ejembi went on to disclose that “the Banking Index fell by 16 per cent in the first quarter of this year; more than any sectoral indices, in what some analysts say is the worst performance by the Exchange in 10 years.”
Dangote Cement laments high cost of production, pays N7 dividend
Dangote Cement Plc has decried the high cost of production, which it explained has resulted to the rise in the price of cement in the country, even as it rewarded shareholders with a dividend of N7.00 per share for the financial year ended December 31, 2013.
