August 2, 2024/CSL Research Money Supply statistics from the Central Bank of Nigeria (CBN) as of June 2024 revealed that currency in circulation (CIC) grew by 56% in June 2024 to reach an all-time high of N4.05trn from N2.6trn (June 2023). Month-on-month, there was a marginal increase of 2.1% from […]
Author: InvestAdvocate
Old Mutual in Nigeria Announces Change of Name to EmPLE
Image Credit: Modion Communications August 1, 2024/Modion Communications Upon receipt of all necessary approvals from the National Insurance Commission (NAICOM), Old Mutual Nigeria Life Assurance Company Limited and Old Mutual General Insurance Company Nigeria Limited are proud to announce their rebrand and name change to emPLE Life Assurance Limited and […]
AfDB Approves $500 Million Loan to Boost Electricity Access in Nigeria
New program to support development of 250GW of installed electricity capacity by 2050 August 1, 2024/AfDB The Board of Directors of the African Development Bank Group has approved a loan of $500 million to the Federal Republic of Nigeria, to finance the first phase of the Economic Governance and Energy […]
