October 2, 2020/Cowry Asset Report In the just concluded week, one of the leading providers of credit ratings, Fitch Ratings, revised outlook on Nigeria’s long-term foreign-currency issuer default rating (IDR) to “Stable” from “Negative” and affirmed the IDR at “B”. According to the credit rating agency, the revision of the […]

September 29, 2020/US SEC The Securities and Exchange Commission today charged three Florida residents with fraudulent sales of stock in NIT Enterprises Inc., a South Florida technology company. The SEC previously charged NIT Enterprises, its former CEO, and two SEC-barred brokers with allegedly defrauding over 100 retail investors, many of […]

Orange announced the Sanza touch – an exclusive Orange smartphone and the most affordable 4G Android (Go edition) device globally September 29, 2020/Orange Affordability of devices remains one of the most significant barriers to smartphone adoption in Africa. The average cost of an entry level smartphone in Africa still exceeds […]