Real Time Financial News Website
The Biden administration is providing $12 billion in grants and loans to auto manufacturers and suppliers to retrofit their plants for the production of electric and other advanced vehicles. This…
As China grapples with an economic slowdown and a debt crisis in the property sector, authorities have rolled out a series of measures to stimulate the economy and revive the…
Data from the annual Sacco Societies Regulatory Authority (SASRA) report for 2022 indicates that land purchases and home ownership plans accounted for 33.2% of the new credit advanced by savings…
The Nairobi Securities Exchange (NSE) recorded a substantial 72.4% increase in net profit, reaching Ksh 69.38 million in the first half of the year. This boost was attributed to higher…
A dire warning has been sounded regarding the growing skills gap in Nigeria’s telecommunications sector, which poses a significant threat to the industry’s future. Mr. Omobayo Azeez, a telecoms policy…
MTN Nigeria has successfully raised a substantial sum of N125 billion through its Series 6 and 7 commercial paper notes. This strategic move is part of MTN’s ongoing efforts to…
The Dangote Group has announced a merger of its subsidiaries, including Dangote Sugar, NASCON, and Dangote Rice, through a scheme of consideration. Here’s what this merger means for shareholders: For…