February 13, 2024/CSL Research The manufacturing sector was rattled by troika factors in 2023. First, the 49% (June[1]December 2023) currency devaluation by the CBN and FX scarcity dampened the import capacity of the manufacturing sector. For context, we highlight that about 60.0% of companies on the NGX30 have significant FX […]
Other News
Seplat Energy Achieves ISO 26000 Endorsement on Social Responsibility
February 13, 2024/Seplat Energy Plc Seplat Energy Plc, leading Nigerian independent energy company listed on both the Nigerian Exchange Limited (NGX) and the London Stock Exchange (LSE), has achieved the ISO 26000 endorsement, which is a major milestone that reinforces the Company’s commitment to social responsibility. The Company’s ISO 26000 journey commenced in September […]
Yellow Card introduces USD Coin (USDC) on Stellar Network for Lightning-Fast Cross-Border Transactions
With USDC on Stellar, Yellow Card users gain access to expedited transactions, enhancing the convenience and utility of their digital currency dealings February 13, 2024/Yellow Card Financial As Africa slowly inches towards widespread adoption of digital assets, it has become imperative that exchanges provide more cost-effective ways for buying, selling, […]
