Drinksdirect.ng And Cane Integrated Investment Ltd On Empowering Women And Young…
Empowerment program by Cane and drinksdirect.ng
Nigeria’s New Naira: Racketeering Thrives In Abuja And Other States
In Abuja, the nation's capital, Lagos, Anambra and other states, black marketers were observed selling the new!-->…
AfDB is Planning a $1.5 billion Food Facility For Nigeria And Other Countries
The African Development Bank has said it has put in place a $1.5bn emergency food production facility to support!-->…
Africa50 Completes Financing for the Senegalese Power Facility.
The co-developed 120 Megawatt power plant in Malicounda, Senegal, which cost €154 million to complete, was!-->…
PENGASSAN intends to Crack Down on Marketers for N650 Gasoline.
The Petroleum and Natural Gas Senior Staff Association of Nigeria raised the alarm that their findings showed that!-->…
Norfund and 54 Funding Provide SAMANU with Growth Capital.
SAMANU is a platform firm that competes in the primary FMCG sub-sectors in Ethiopia with well-known brands (Tena!-->…
Contributory Pension Assets Increased to N14.9 trillion.
The total assets under the Contributory Pension Scheme rose by N1.56tn in 2022, according to figures obtained from!-->…
Classera Generates $40 Million Funds And Plans to Expand in Africa
The largest Series 'A' investment in EdTech history for an unfunded startup was successfully completed by!-->…
Baker McKenzie Appoints Partners for its Corporate Practice in Africa.
Three renowned transactional attorneys have joined the Johannesburg office of a major international law firm,!-->…
AfricInvest Purchases a Small Investment in Justrite.
An African private equity company, AfricInvest, has acquired a small share in the Justrite supermarket chain in!-->…
ECOWAS Adopts New Regulations for the Regional Electricity Market.
The Economic Community of West African States Regional Electricity Regulatory Authority has approved critical!-->…
The Kenyan Central Bank Maintains its Benchmark Lending Rate at 8.75%.
The monetary policy committee of Kenya's central bank maintained the country's benchmark lending rate at 8.75%,!-->…
Central Bank of Nigeria Recovers N1.9 trillion Following Naira Redesign.
The United Nations has said the Nigerian economy will grow to three percent in 2023 because of robust commodities!-->…
IMF Forecasts 3.2% Economic Growth in Nigeria.
According to the International Monetary Fund, actions taken to alleviate insecurity in the oil sector will cause!-->…
The CBN Has Agreed To Extend Exchanging Old Naira Notes By Ten Days.
CBN governor Godwin Emefiele in a statement said the new deadline is February 10, 2023. Emefiele made the!-->…
India’s Adani Dollar Bonds Hit Lowest Since November.
Dollar bonds issued by subsidiaries of the Indian conglomerate Adani Group fell after a scathing report by a!-->…
Banks’ Percentage of Consumer Loans Reaches 29.13%.
By the end of December 2022, the maximum loan rate in the banking industry was 29.13% while the return on savings!-->…
Ghana Agrees to a Domestic Debt Swap in a Deal with Insurers.
Ghana has made progress toward finishing its initiative, a crucial component in reestablishing economic stability!-->…
EU Allocates $102.5 million for Humanitarian Aid to Nigeria and other Countries
According to the European Union, the humanitarian aid of €102.5 million will support Nigeria and other nations in!-->…
United States Denies Access to People who are “undermining” Nigerian…
Prior to this year's elections in Nigeria, the US announced that it is limiting entrance to those "believed to be!-->…
Nigeria: FG Allots N1.2tn for CBN Debt Servicing.
According to research, the Federal Government intends to spend N1.2 trillion servicing the loans it received from!-->…
Nigeria Introduces a Domestic Card Program in an Effort to go Cashless.
Nigeria's central bank unveiled a domestic card program to compete with global cards like Mastercard and Visa in!-->…
Adani Group, Owned By World’s Third Richest Man, Has Been Accused Of Account…
The shares of the Indian conglomerate Adani Group plummeted on Wednesday morning after activist investing company!-->…
Federal Government of Nigeria Seeks Collaboration On Gas and Electric Trains
The Federal Government has disclosed that it was in talks with investors on how to power Nigeria's trains with!-->…
A Microsoft Cloud Outage Affects Users Globally.
Microsoft Corp (MSFT.O) was hit with a networking outage that took down its cloud platform Azure along with!-->…
The NPC has Begun Training for the 2023 Census.
The National Population Commission has begun training functionaries for the 2023 population and housing census,!-->…
Nigeria: Crisis Looms as Interest Rate Hikes.
Members of the country's organized private sector have called the latest increase in the country's benchmark!-->…
CBN Disburses N114.17 billion Under the 100-for-100 Policy.
Since the start of the intervention, the Central Bank of Nigeria has disbursed N114.17 billion to beneficiaries!-->…
Bank Lending to Customers Reaches 29.13%.
As of the end of December 2022, the maximum lending rate in the banking sector was 29.13 percent, while savings!-->…
Stock Investors Lose N24 billion as Lending Rates Rise.
The Nigerian stock market reacted sharply to the interest rate hike, with market capitalisation rapidly falling in!-->…
Dangote Cement Appoints New CEO.
Arvind Pathak has been appointed as the new Chief Executive and Managing Director of Dangote Cement Plc. The new!-->…