WorldRemit Launches New Product for Business Payments to Kenya

June 12, 2019/WorldRemit Kenyan entrepreneurs and contractors selling goods and services to small and medium-sized enterprises (SMEs) in the U.K. can now receive payments faster and more conveniently following the launch of WorldRemit for Business (https://bit.ly/2WBd2dv). Launched by leading digital remittances firm WorldRemit (www.WorldRemit.com), the new service enables U.K.-based SMEs to quickly […]

Market Interest Rates Edge Upwards

June 11, 2019/Coronation Report For weeks we have been perplexed by one-year Naira-denominated risk-free rates lower than 250 – 300 spread over inflation which we think foreign investors require. Last week rates moved backup. As we argue on page 2, a soft outlook for US rates does not necessarily mean […]

Nigerian Equities Market Sustain Bullish Run on Losses Across Sector

June 11, 2019 By Paschal IJEH InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian equities market continued its bearish run on Tuesday as the all-share index (ASI) lost 0.73 percent to close at 30,099.83 basis points on losses across sectors. InvestmentOne report says market breadth index was negative with 15 losers compared to 10 […]