October 29, 2018/EY South Africa shares the title of largest African FDI hub with Morocco; Southern, West, East and North Africa all receive more or less equal FDI (measured in project numbers); The USA remains the single biggest country investing in Africa, while Western Europe is by far the biggest […]
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CSCS to Begin Cross-Border Data Exchange in Africa
October 29, 2018/Punch Feyisayo Popoola The Central Securities Clearing System Nigeria Plc has completed an innovative pilot scheme that will allow cross-border data exchange in Africa. The CSCS, in a statement on Thursday, said the scheme was an innovation of Tata Consultancy Services aimed to create a pan-African ecosystem using […]
FBN Holdings Plc Q3 2018: Uninspiring Net Interest Income and Non-Interest Income.
October 27, 2018/InvestmentOne Report Net interest income of N71.8billion, down 2.7% q/q; down 20.4% y/y Non-interest income of N31.0billion, up 13.7% q/q, up 38.0% y/y Profit before tax of N12.5billion, down 37.9% q/q; down 37.1% y/y Profit after tax of N11.4billion, down 39.1% q/q; down 30.1% y/y FBN Holdings released […]
