Author: InvestAdvocate

Coronation Fixed Income and Exchange Rate Update

October 2, 2024/Coronation Research Summary Market liquidity closed positive at N698.bn on Friday (27, Sept ‘24). Call, overnight, and repo rates closed within the range of 7.5% – 30% as rates in the market tightened.  Last week, the average NTB yield increased by +113bps to close at 21.9% w/w. At […]

FG Extends Rice subsidy Programme to States

October 2, 2024/CSL Research A Punch news report says the Federal Government is expanding its subsidised rice programme to address food insecurity in Nigeria, with plans to roll out sales in Lagos, Kano, and Borno states, according to a director at the Federal Ministry of Agriculture and Food Security. Earlier […]

Kazang Pay Launches Card Acquiring Service in Zambia

Kazang Pay makes it affordable for merchants to accept card payments on the same Kazang terminal they use to sell prepaid products and services October 2, 2024/Kazang Kazang, the prepaid value-added services (VAS) and card acquiring business within JSE-listed fintech Lesaka Technologies, has launched its Kazang Pay card acceptance solution […]