A wide range of energy sources exist on the continent. Yet, more than 600 million Africans lack access to affordable, reliable and modern energy services. Hundreds of millions are also denied access to basic nutrition, quality education, medical services and sanitation due to lack of adequate energy supply.
The Board of Trustees of the Investors’ Protection Fund (IPF or Fund) of The Nigerian Stock Exchange (NSE or The Exchange) has announced that it will, pursuant to Part XIV of the Investment and Securities Act 2007 (ISA), compensate a total of 158 claimants for pecuniary losses suffered by them as a result of wrong doing by certain dealing member firms of The Exchange.
Net 1 UEPS Technologies, Inc. has announced that it has acquired a 25% interest in One Credit Limited, a leading Nigerian consumer finance company focused on providing credit to unbanked, salaried Nigerian consumers.
Banks are meant to do the basic functions of lending, deposit taking, and making payments. It is almost impossible to differentiate one bank from another on the above grounds.