Procter & Gamble Announces Plan to End On-Ground Operations in Nigeria, Shift to Import-Only Model
Consumer goods giant Procter & Gamble (P&G) has revealed its intention to dissolve on-ground operations in Nigeria and transition the…
Day: December 7, 2023
Banks with International Authorization Show Capital Adequacy Ratio Below Regulatory Threshold – Banking Regulator
According to the second-quarter report on financial soundness indicators released by the banking regulator, some banks with international authorization are…
NNPC Signs Agreements for LNG Projects, Targeting Domestic and International Markets
The Nigerian National Petroleum Company Limited (NNPC) has announced the signing of two significant agreements aimed at delivering Liquefied Natural…
Nigeria Signs Bilateral Air Services Agreement with Kuwait, Explores Similar Deal with Iran
The Federal Government of Nigeria has taken a significant step to strengthen trade, tourism, and economic ties with Kuwait by…
Kenyan Court Allows Official Receiver to Seize Cytonn Properties in Liquidation Case
The High Court in Kenya has granted permission for the official receiver to take control of three properties in Nairobi’s…
Bearish Market Conditions Deter Three Companies, Including Credit Bank, from NSE Listing
The persistent bear market on the Nairobi Securities Exchange (NSE) has led three companies, including Credit Bank, to suspend their…
Ghana Revenue Authority Denies Acquiring US$75 Million Loan Amidst Parliamentary Inquiry Calls
The Ghana Revenue Authority (GRA) has strongly refuted claims made by MP Isaac Adongo that it accessed a US$75 million…
MTN Ghana CEO Selorm Adadevoh Appointed Chief Commercial Officer of MTN Group
Selorm Adadevoh, the Chief Executive Officer (CEO) of MTN Ghana, has been appointed as the Chief Commercial Officer of MTN…
Namibia’s Central Bank Maintains Policy Rate Amid Projected Inflation Slowdown
Namibia’s central bank has opted to keep its policy rate unchanged at 7.75%, citing anticipated inflation deceleration in the coming…