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Africa
Adiwale Partners Made Final Close Of It’s First Fund For Investment In…
Private equity firm Adiwale Partners has made a final close of its first fund, nearly two years after making a…
Citi Launch Holistic Digital Policy
Citi has launched its latest Global Perspectives & Solutions (Citi GPS) report, entitled: ‘’Holistic Digital…
Africa50 Launch $500 Million Infrastructure Acceleration Fund
Africa50, a pan-African investment platform, has launched $500 million Infrastructure Acceleration Fund to bridge…
Stone Three Get Funding From Venture Capital Firm “Knife Capital”
Cape Town-based Stone Three, an industrial internet of things (IoT) firm, has secured funding from venture capital…
AfricInvest Acquires Minority Stake In Royal Exchange General Insurance Company
AfricInvest, a leading Pan-African asset management company has announced the acquisition of a minority stake in…
Nigeria Seeks participation In Business Jet Services
Nigerian operators are seeking more participation in the global luxury travel market estimated to grow by $1,232.77…
Crude Oil Benchmark “Brent” Rise To $82.39 Per Barrel
Crude oil prices settled higher on the back of tightened supply balances and a weak United States employment report…
Nigeria Equity Market Investors Gain N340.29 Billion
Investors in the Nigerian equities market earned N340.29bn as trading ended on the floor of the Nigerian Exchange…
MTN Nigeria Get SEC Approval To Launch Its series II Bond
The Securities and Exchange Commission (SEC) has granted MTN Nigeria Communications approval to launch its series…
Federal Government Of Nigeria Allocated N5.93 Trillion To Critical Sectors
The Federal Government has allocated the sum of N5.93tn to critical sectors of the economy including defence,…
Naira Exchange At N414.67 To $1 Officially
The exchange rate between the naira and the US dollar closed at N414.67/$1, at the Investors and Exporters window,…
Nigeria Fintech Provider Attracted Over $1 Billion Investment In Six Years
The Nigerian financial technology providers, fintechs, have attracted at least $1 billion (about N410.82 billion)…
Co-Impact To Give Grant For Promotion Of Gender Equality
Co-Impact has reiterated its commitment to raising and deploying $1 billion, through its Gender Fund, to…
Nigeria Lose N103.92 Million From 2976 Hour Twitter Ban
The Nigerian government had on June 4 ordered the suspension of Twitter.
Recently, the President, Major-General…
We Haven’t Borrowed Beyond Sustainable Limit: Nigeria’s President
President Muhammadu has justified his quest for more financial borrowings, saying that the debt of the federal…
Nigeria Total Pension Assets Have Risen To Over N13 Trillion: PenCom
National Pension Commission (PenCom) says the nation’s total pension assets have risen to over N13 trillion.…
International Airlines Plan Airfare Hike Of At Least $2.3bn (N950bn)
Airfare hikes by international airlines operating flights into Nigeria and other countries may be imminent as…
Nigeria E-Payment Rose By 6.37% In September
The value of e-payment transactions in Nigeria rose by 6.37 per cent to N24.08tn in September.
This was…
World Bank Growth Projection Of Nigeria Economy Change From 1.8% To 2.4%
The World Bank has said Nigeria’s economy is projected to grow by2.4 per cent in 2021.
This is an increase in…
Rise In Global Oil Prices And Naira Depreciation Leads To Rise In Price Of Diesel
Fuel marketers have increased the price of Automotive Gas Oil, also known as diesel, to N320 per litre as the…
Nigeria Banks Begin Application Of E-Naira Features
Banks have started to onboard the e-Naira feature on their applications.
In its latest update, the Guaranty…
Consumption Of Premium Motor Spirit (PMS) Dipped By 132,301,071 Litres In August…
The Petroleum Products Pricing Regulatory Agency (PPPRA) report on Petroleum Products Supply in August yesterday…
PMB: Nigeria’s President Writes Lawmakers Requesting 17.67% Increase Of Federal…
Nigerian President Muhammadu Buhari has written to lawmakers seeking a 17.67 percent increase of the Federal…
United Kingdom And Lagos State Government Formalise Partnership Programme
The Foreign, Commonwealth, and Development Office has partnered with the Lagos State Employment Trust Fund to…
Nigeria Broadband Penetration Experienced Significant Increase In August
Broadband penetration in Nigeria increased by 1.21 percent from July to August. Data from the Nigerian…
Anyone Below 18 Years Cannot Register And Own A Sim Card In Nigeria : NCC
The Nigerian Communications Commission has disqualified anyone below the age of 18 from registering and owning a…
Nigeria Exchange Limited Stock Market Gain N247 Billion
The stock market of the Nigerian Exchange Limited (NGX) yesterday ended trading activities for the second day of…
Google Says It Will Invest And Back Africa Startups To Support Its Digital…
Google plans to invest $1 billion in Africa over the next five years to ensure access to fast and cheaper internet…
Interstellar Partner With Interswitch Group To Develop Blockchain-Powered…
Interstellar Inc. has partnered with Interswitch Group to develop blockchain-powered infrastructure services and…
Airtel Africa New Managing Director and Chief Executive Officer Begin Role…
Airtel Africa Plc has announced the resumption of duties of its new Managing Director and Chief Executive Officer,…