According to a report by Bloomberg, Ghana has overtaken South Africa as continental leader in gold production, making South Africa Africa’s second-largest gold producer. South Africa’s gold production output is shrinking as operators capitulate to stubbornly high costs, regular strikes and the geological challenges of tapping the world’s deepest mines, whiles Ghana is benefiting from
KPMG Professional Services says consumer goods and financial services are top attractive investment sectors in Nigeria. The firm disclosed this in its second edition of the KPMG’s report entitled, ‘Doing deals in Nigeria 2019 – Key insights from dealmakers.’ It stated that the report was the result of a survey of 50 senior business executives
Total pension funds’ assets under management increased to N8.63 trillion in the fourth quarter of 2018 (Q4 2018), compared to N8.32 trillion in Q2, according to the National Bureau of Statistics (NBS). FGN bonds accounted for 52.49 per cent or N4.53 trillion of the total pension assets, while treasury bills represented 19.37 per cent or
The 4th Nigeria Finance and Innovation Awards, which recognizes the accomplishments of financial executives and organizations for their financial leadership and contributions to their companies’ growth held on Friday, November 2, 2018 at Oriental hotel, Victoria Island, Lagos. The event which was on the theme: ‘Rewarding Excellence in the Finance Industry’ saw a total of
Nigerian National Petroleum Corporation (NNPC) has announced a major reshuffling involving 55 top management staff across its operations. Affected in the exercise include Roland Ewubare, formerly MD of the Integrated Data Services Limited, IDSL moves to the National Petroleum Investment Management Services, NAPIMS as the new Group General Manager while Diepriye Tariah, former GGM and
