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Stanbic IBTC Q1’24: Strong Start to the Year

April 26, 2024/CSL Research Stanbic’s Q1 2024 unaudited numbers showed a 129.7%y/y increase in Interest Income to N115.8bn driven by improved yields on risk assets. Net Loans to customers grew 6.5% in Q1 2024 compared with the December 2023 position (inclusive of the impact of the devaluation on foreign currency […]

Sub-Saharan Africa’s Growth Requires Quality Education for Growing Population

(Credit: Alexander-Farnsworth / iStock by Getty Images) April 25, 2024/IMFBlog By Michele Fornino, Andrew Tiffin Demographic transition may be the biggest single opportunity for the economies of sub-Saharan Africa, but countries will only be able to enjoy the dividends if they make sufficient investment in education. The region’s population is poised […]

TRANSCORP, Transcorp Hotels, MTNN Buoy NGXASI to Advance +0.03%

April 25, 2024/InvestmentOne Report The NGXASI advanced by 0.03% today to close at 98,169.39pts, as price appreciation in TRANSCOHOT (+9.75%), MTNN (+0.20%) and TRANSCORP (+0.72%) propelled the local bourse into the green zone. In the fixed income space, the Treasury Bills secondary market closed bullish, majorly due to buy pressure across the […]