Biden Administration Offers $12 Billion to Automakers to Retrofit Plants for EV Production
The Biden administration is providing $12 billion in grants and loans to auto manufacturers and suppliers to retrofit their plants…
Month: September 2023
China Takes Measures to Boost Economy Amidst Slowdown
As China grapples with an economic slowdown and a debt crisis in the property sector, authorities have rolled out a…
Kenyan Savings and Credit Cooperative Societies (Saccos) Report Increased Lending for Land and Housing
Data from the annual Sacco Societies Regulatory Authority (SASRA) report for 2022 indicates that land purchases and home ownership plans…
Nairobi Securities Exchange (NSE) Reports 72.4% Jump in H1 Net Profit Amid Increased Trading Commissions
The Nairobi Securities Exchange (NSE) recorded a substantial 72.4% increase in net profit, reaching Ksh 69.38 million in the first…
“Growing Skills Gap Poses Major Threat to Nigeria’s Telecom Industry,” Warns Expert
A dire warning has been sounded regarding the growing skills gap in Nigeria’s telecommunications sector, which poses a significant threat…
MTN Nigeria’s Financial Maneuvers: Raises N125 Billion via Series 6&7 Commercial Paper Notes for Diversification
MTN Nigeria has successfully raised a substantial sum of N125 billion through its Series 6 and 7 commercial paper notes.…
Dangote Group Shakes Up Subsidiaries in Mega Merger Move: Shareholders Brace for Dilution
The Dangote Group has announced a merger of its subsidiaries, including Dangote Sugar, NASCON, and Dangote Rice, through a scheme…