Experts at PCL. ONSA maiden meeting advise Nigerian firms to align with global digital trends for improved productivity

Experts with Microsoft, Phillips Consulting Limited (Pcl) and the Office of the National Security Adviser (ONSA) have encouraged Nigerian firms and industries; both small and large towards getting more familiar with digital trends that drives global innovation. Their opinions were expressed at the maiden edition of Pcl’s quarterly Chief Information Officers (CIOs) breakfast meeting that […]

Jumia’s planned $100m American IPO could raise $500m, says Rennaissance Capital

The planned $100 million initial public offering (IPO) to be listed on the New York Stock Exchange (NYSE) by African, e-commerce platform, Jumia, could raise an estimated $500 million, says Renaissance Capital’s research analysts. Jumia on Tuesday filed its IPO offer with the American Securities and Exchange Commission (SEC) with no disclosed pricing terms.   […]

Banking stocks rally, as stock market rises by 0.5%

Nigeria’s stock market rose by 0.5 percent Wednesday as All Share Index settled at 30,878.56 points following gains in banking stocks such as Guaranty Trust Bank (+2.8%), Zenith (+0.9%) and Fidelity (+9.6%). The market’s year-to-date losses thus improved to -1.8 percent while market capitalization increased by N52.8 billion to settle at N11.5 trillion. Activity level […]