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Market News Nigeria
Africa

KENYA; Local Rice Millers Object About The Window For Duty-Free Imports Being Locked Out.

Feb 1, 2023 0
Africa

UGANDA: Due To Costly Imports, Egg Prices Will Increase.

Business

Diesel prices rise 182.6% in a year as a result of high energy costs.

Africa

First female CEO for UBA’s operations in Africa is appointed.

Breaking

After Moody’s Downgrading, Investors Sell Off Nigerian Bonds.

Local

Drinksdirect.ng And Cane Integrated Investment Ltd On Empowering Women And Young…

Jun 23, 2022 0
Empowerment program by Cane and drinksdirect.ng
Banking

Nigeria’s New Naira: Racketeering Thrives In Abuja And Other States

Jan 31, 2023 0
In Abuja, the nation's capital, Lagos, Anambra and other states, black marketers were observed selling the new…
Breaking

AfDB is Planning a $1.5 billion Food Facility For Nigeria And Other Countries

Jan 31, 2023 0
The African Development Bank has said it has put in place a $1.5bn emergency food production facility to support…
Africa

Africa50 Completes Financing for the Senegalese Power Facility.

Jan 31, 2023 0
The co-developed 120 Megawatt power plant in Malicounda, Senegal, which cost €154 million to complete, was…
Business

PENGASSAN intends to Crack Down on Marketers for N650 Gasoline.

Jan 31, 2023 0
The Petroleum and Natural Gas Senior Staff Association of Nigeria raised the alarm that their findings showed that…
Business

Norfund and 54 Funding Provide SAMANU with Growth Capital.

Jan 31, 2023 0
SAMANU is a platform firm that competes in the primary FMCG sub-sectors in Ethiopia with well-known brands (Tena…
Business

Contributory Pension Assets Increased to N14.9 trillion.

Jan 31, 2023 0
The total assets under the Contributory Pension Scheme rose by N1.56tn in 2022, according to figures obtained from…
Business

Classera Generates $40 Million Funds And Plans to Expand in Africa

Jan 31, 2023 0
The largest Series 'A' investment in EdTech history for an unfunded startup was successfully completed by…
Business

Baker McKenzie Appoints Partners for its Corporate Practice in Africa.

Jan 31, 2023 0
Three renowned transactional attorneys have joined the Johannesburg office of a major international law firm,…
Business

AfricInvest Purchases a Small Investment in Justrite.

Jan 31, 2023 0
An African private equity company, AfricInvest, has acquired a small share in the Justrite supermarket chain in…
Africa

ECOWAS Adopts New Regulations for the Regional Electricity Market.

Jan 31, 2023 0
The Economic Community of West African States Regional Electricity Regulatory Authority has approved critical…
Africa

The Kenyan Central Bank Maintains its Benchmark Lending Rate at 8.75%.

Jan 31, 2023 0
The monetary policy committee of Kenya's central bank maintained the country's benchmark lending rate at 8.75%,…
Business

Central Bank of Nigeria Recovers N1.9 trillion Following Naira Redesign.

Jan 31, 2023 0
The United Nations has said the Nigerian economy will grow to three percent in 2023 because of robust commodities…
Finance

IMF Forecasts 3.2% Economic Growth in Nigeria.

Jan 31, 2023 0
According to the International Monetary Fund, actions taken to alleviate insecurity in the oil sector will cause…
Local

The CBN Has Agreed To Extend Exchanging Old Naira Notes By Ten Days.

Jan 30, 2023 0
CBN governor Godwin Emefiele in a statement said the new deadline is February 10, 2023. Emefiele made the…
Market

India’s Adani Dollar Bonds Hit Lowest Since November.

Jan 27, 2023 0
Dollar bonds issued by subsidiaries of the Indian conglomerate Adani Group fell after a scathing report by a…
Business

Banks’ Percentage of Consumer Loans Reaches 29.13%.

Jan 27, 2023 0
By the end of December 2022, the maximum loan rate in the banking industry was 29.13% while the return on savings…
Africa

Ghana Agrees to a Domestic Debt Swap in a Deal with Insurers.

Jan 27, 2023 0
Ghana has made progress toward finishing its initiative, a crucial component in reestablishing economic stability…
Europe

EU Allocates $102.5 million for Humanitarian Aid to Nigeria and other Countries

Jan 27, 2023 0
According to the European Union, the humanitarian aid of €102.5 million will support Nigeria and other nations in…
Local

United States Denies Access to People who are “undermining” Nigerian…

Jan 27, 2023 0
Prior to this year's elections in Nigeria, the US announced that it is limiting entrance to those "believed to be…
Banking

Nigeria: FG Allots N1.2tn for CBN Debt Servicing.

Jan 27, 2023 0
According to research, the Federal Government intends to spend N1.2 trillion servicing the loans it received from…
Local

Nigeria Introduces a Domestic Card Program in an Effort to go Cashless.

Jan 27, 2023 0
Nigeria's central bank  unveiled a domestic card program to compete with global cards like Mastercard and Visa in…
Business

Adani Group, Owned By World’s Third Richest Man, Has Been Accused Of Account…

Jan 25, 2023 0
The shares of the Indian conglomerate Adani Group plummeted on Wednesday morning after activist investing company…
Business

Federal Government of Nigeria Seeks Collaboration On Gas and Electric Trains

Jan 25, 2023 0
The Federal Government has disclosed that it was in talks with investors on how to power Nigeria's trains with…
Business

A Microsoft Cloud Outage Affects Users Globally.

Jan 25, 2023 0
Microsoft Corp (MSFT.O) was hit with a networking outage that took down its cloud platform Azure along with…
Local

The NPC has Begun Training for the 2023 Census.

Jan 25, 2023 0
The National Population Commission has begun training functionaries for the 2023 population and housing census,…
Finance

Nigeria: Crisis Looms as Interest Rate Hikes.

Jan 25, 2023 0
Members of the country's organized private sector have called the latest increase in the country's benchmark…
Finance

CBN Disburses N114.17 billion Under the 100-for-100 Policy.

Jan 25, 2023 0
Since the start of the intervention, the Central Bank of Nigeria has disbursed N114.17 billion to beneficiaries…
Local

Bank Lending to Customers Reaches 29.13%.

Jan 25, 2023 0
As of the end of December 2022, the maximum lending rate in the banking sector was 29.13 percent, while savings…
Market

Stock Investors Lose N24 billion as Lending Rates Rise.

Jan 25, 2023 0
The Nigerian stock market reacted sharply to the interest rate hike, with market capitalisation rapidly falling in…
Local

Dangote Cement Appoints New CEO.

Jan 25, 2023 0
Arvind Pathak has been appointed as the new Chief Executive and Managing Director of Dangote Cement Plc. The new…
1 2 3 … 464 Next

Recent Posts

Mafab has Launched its 5G Network.

Jan 25, 2023

3M to Lay off 2,500 Workers and Forecasts a Weak First…

Jan 25, 2023

CBN Promotes e-payments Ahead of Deadline for New Naira…

Jan 25, 2023

Bank of Ghana Plans to Raise Interest Rates by 175 Basis…

Jan 25, 2023
Prev Next 1 of 3,469

NIGERIA

Local

China’s Loans to Developing Nations Reached a 13-year Low in 2021.

Jan 24, 2023
Local

Nigeria: FG wants the London Court to Reverse $11 billion in Damages.

Jan 24, 2023
Business

Nigeria Launches a $1 billion Deep Sea Port.

Jan 24, 2023
Local

Nigeria FG has Approved a Pay Increase for NPA Employees.

Jan 23, 2023
Prev Next 1 of 1,507

World

World Bank: 28.9 million Nigerians Rely on Food Aid.

Jan 23, 2023

Davos2023: A WEF Survey Predicts a Global Recession in 2023.

Jan 17, 2023

Book “Spare” by Harry Sells a Record-Breaking…

Jan 12, 2023
Prev Next 1 of 1,369
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