Author: InvestAdvocate

Private Sector Credit Hits ₦58.57 Trillion in September 2024

January 9, 2025/CSL Research The Central Bank of Nigeria (CBN) recently released its Quarterly Statistical Bulletin for Q3 2024 comprising of aggregated data across financial statistics, government finance, real sector, and the external sector. The Deposit Money Banks’ sectoral distribution of credit shows that total private sector credit as of […]

Banking: A Booming Continent Needs a New Payment Infrastructure

Africa’s exploding population presents huge growth opportunities; A world-class digital payments ecosystem will be fundamental to that, write Moment CEO Joel Yarbrough and MultiChoice Africa Group Executive Head Delivery & Operations Craig Coetzer January 9, 2025/MultiChoice Africa is an exciting, vibrant and creative place to do business. But make no […]

NGXASI Gains +0.84%, Buoyed by Blue Chips

January 9, 2025/InvestmentOne Update ASI as at 12.00pm: +0.84% Top Gainers and Losers: MTNN (+10.00%), HONYFLOUR (+9.89%), SUNUASSUR (-9.99%) and TIP (-9.68%). Sector Performances: Consumer Goods (+0.50%), Oil & Gas (+0.18%), Banking (+0.13%) and Industrial. Market activity: In today’s trade, total volume and value declined by 28% and 54% respectively, […]