Investors Bite

United Capital Weekly Pan African Monitor Friday 20-September-2024

September 20, 2024/United Capital Research Anglophone West Africa (WAEMU) Nigeria Inflation dropped to 32.15% in August 2024 Nigeria’s headline inflation rate dropped to 32.15% for the month of August 2024, This represents a 1.25% decrease from the 33.4% recorded in July 2024 and the second consecutive monthly slowdown in inflation […]

Sterling Holdco Set to Finalise US$50m Capital Raise

September 19, 2024/Sterling Bank Plc Culled: Proshare.co In a recent release, Sterling Financial Holdings Company Plc informed investors that it would be embarking on the bank’s recapitalisation in compliance with the Central Bank of Nigeria (CBN) requirements for a national license. This includes raising US$50m in fresh capital through a […]

The Coca-Cola System in Nigeria Provides Economic Boost Through Major Investment

The US $1 billion investment will support job creation across the value chain September 19, 2024/Coca-Cola The Coca-Cola System in Nigeria, comprised of Coca-Cola Nigeria Limited and its authorized bottler, Nigeria Bottling Company (NBC), announced plans to expand its investments in Nigeria. Over the next five years, with a predictable […]