November 10, 2021/CSL Research Ten days ago, a high-rise block of luxury flats under construction within the Lagos metropolis collapsed. The reported death toll is forty-four (44), and several other victims with injuries are currently being treated. The survivors are unclear of the funding source for their cost of treatment […]
OPINION/EDITORIAL
Payment Service Banks Series 2 – Potential Impact on Banking Profitability
November 10, 2021/United Capital Research In continuing with our conversation on Payment Service Banks (PSBs), today’s series looks to examine the impact of CBN’s recent approval-in-principle for major telecoms (MTNN and Airtel) to establish subsidiaries to conduct PSB operations on banks’ profitability. Since the CBN granted approvals in principle to […]
MTN Nigeria: Again, Roll Out the “Yello” Carpet
November 10, 2021/CSL Research Following the listing by introduction of 20.3bn units of its shares on the premium board of the Nigerian Stock Exchange (NSE) at N90 per share in May 2019, MTN Nigeria (MTNN) has announced plans to sell 14% of its shares held by the parent company (MTN […]
