Culled—Proshare August 5, 2016/FSDH Research We expect the July 2016 inflation rate (year-on-year) to increase to 17.35% from 16.48% recorded in the month of June 2016. We expect the increase to come from the increase in the prices of food items and other non-food items as a result of the […]

August 4, 2016/First Bank of Nigeria Ltd … FirstBank is first financial institution in Nigeria to achieve and sustain this feat  First Bank of Nigeria Limited, Nigeria’s Most Valuable Bank Brand, has been recognised by Interswitch Group, Africa’s leading integrated payment and transaction processing company, as the first financial institution […]

Culled—-Reuters August 4, 2016 South African mobile phone operator MTN Group flagged a half-year loss on Thursday, blaming a hefty fine in Nigeria and underperformance at home. * MTN said on June 10 it had agreed to pay a heavily reduced fine of 330 billion naira ($1.2 billion), or a […]