October 31, 2024/CSL Research The National Bureau of Statistics (NBS) recently released its 2023 Internally Generated Revenue (IGR) report, covering Nigeria’s 36 states and the Federal Capital Territory (FCT). According to the report, these states and the FCT collectively generated ₦2.43 trillion in IGR for 2023, marking a y/y increase […]
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Janngo Capital Reaches Final Close of Its oversubscribed $78 Million Fund, Marking Africa’s Largest Gender-Equal Tech Venture Capital Fund
With this fundraising, Janngo Capital becomes the largest venture capital firm accelerating gender equality in Africa October 31, 2024/Janngo Since inception, the firm has made about 30 investments in 21 startups and has successfully exited the leading fintech company Expensya, achieving an average internal rate of return (IRR) of 48%. […]
FBN Holdings Plc 9M 2024: Decent 9M Performance
October 30, 2024/CSL Research FBNH 9M 2024 unaudited numbers showed strong growth in both Interest and Non-Interest Income. Interest Income was up 164.6% y/y and 36.6% q/q driven by growth in both earning assets and average yield. Net Loans to customers were up 47.3% at the close of 9M 2024 […]
