M4A (Pty) Ltd, a Leading OEM, Secures Private Equity Partnership for Expansion
M4A (Pty) Ltd, an Original Equipment Manufacturer (OEM) specializing in various products, including passive network infrastructure for fibre networks and…
Day: July 31, 2023
Kasha Raises $21 Million in Series B Funding to Revolutionize Women’s Health in Africa
As Africa’s youth population grows, entrepreneurs are urged to develop healthcare solutions catering to the continent’s future medical needs. However,…
Save Nigeria Movement Demands N2 Trillion Compensation for Consequences of Naira Redesign Scheme
The Save Nigeria Movement (SNM) has called on the Central Bank of Nigeria (CBN) to compensate Nigerians with the sum…
ECOWAS Responds to Coup in Niger with Sanctions and Demands for Restoration of Constitutional Order
The Economic Community of West African States (ECOWAS) has demanded the full restoration of constitutional order in Niger following the…
Nigerian Stock Market Records Modest Gain as Bullish Trend Slows
The Nigerian Exchange Limited witnessed a slowdown in bullish trading last week, resulting in a modest gain of N8 billion…
Meridiam Completes Acquisition of Rift Valley Energy, Strengthening Clean Energy Portfolio in Tanzania
Infrastructure investor, Meridiam, has successfully concluded the acquisition of Rift Valley Energy Tanzania (RVE), an infrastructure platform with a 30-MW…
Infra Impact’s Mid-Market Infrastructure Fund Exceeds Fundraising Target in South Africa
Infra Impact Investment Managers Successfully Closes Mid-Market Infrastructure Fund Infra Impact’s Mid-Market Infrastructure Fund 1 has achieved a remarkable milestone…
Central Bank of Nigeria Achieves 64.1% Financial Inclusion, Targets 95% by 2024
The Central Bank of Nigeria (CBN) has reported achieving a financial inclusion rate of 64.1%. The CBN aims to raise…
Sukuk Bonds: N8.17bn Rental Payments Made in Q1 2023, Similar to Previous Year
The amount paid on rentals for Sukuk bonds in Q1 2023 was N8.17bn, which remained unchanged from the same period…
Currency in Circulation Surges to N2.6tn in June 2023, CBN Reports
Currency outside banks reached N2.26tn at the end of June 2023, a significant increase of 185.68% from N792.18bn in January…
Petrol Prices Set to Surge Further as International Crude Oil Market Gains
International market data reveals that the price of Brent crude oil has increased by 20%, signaling a potential further rise…