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Africa
Nigeria: United Capital Increases Issuance of CPs to N50bn
United Capital Plc has notified the Nigerian Exchange Limited (NGX) that it has secured the approval of FMDQ…
Millennials And GenZs Are Driving The Adoption And Penetration Of Digital Banking…
The banking world has gone through exciting transitions—from the days of taking tallies and manual filings to…
Nigeria: External Reserves Lose Momentum After July Rally
Nigeria’s external reserves could be heading toward the mid-July trough as it fail to sustain the momentum it…
Nigeria: Federal Government To Partner Stockbrokers For Double Digit Economic…
The Federal Government also reiterated its resolve to put an end to insecurity which has significantly dampened…
Nigeria: International VCs and family offices back Alerzo’s Series A
The process of digitizing the operations of mom and pop stores in Nigeria is serious business right now. In fact,…
Nigeria: Capital Market Must Strengthened to Drive Production, Create Employment
The Director-General of the Securities and Exchange Commission (SEC), Mr. Lamido Yuguda has expressed the need for…
Nigeria: Experts seek revival of initial public offerings
Participants at the just-concluded 2021 National workshop of the Chartered Institute of Stockbrokers (CIS) have…
Nigeria: Shareholders Disagree With Securities and Exchange Commission (SEC) Over…
Shareholders of quoted companies in the country have disagreed with Securities and Exchange Commission (SEC) on the…
Nigeria: Honeywell, Transcorp Dominate Stock Market Activities
The financial services industry dominated, in volume terms, last week’s transactions at the…
Nigeria: 20 Years On: Telcos Attain 297m Phone Lines, Fail On Financial Inclusion,…
Despite opportunities the telecommunications revolutions have offered the country this 20 years,…
Lawmakers Fume Over FG’s Plan To Borrow N5.62tn, Tackle MDAs Hiding Revenue
The House of Representatives yesterday expressed displeasure over the way some Ministries, Departments and Agencies…
Buhari Sign New Law To Overhaul Oil Industry
Nigerian President Muhammadu Buhari signed into law long-awaited legislation to overhaul the oil and gas industry…
Petroleum Industry Act (PIA): Clarify 3% Host Community Allocation, Lagos Chamber…
The Lagos Chamber of Commerce and Industry has urged the Federal Government to create more understanding about the…
Federal Government Raised N669billion From Capital Market Via SUKUK Bonds
The Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed, said the Federal Government raised about…
Nigerian City Bans Beggars And Hawkers
The Lagos state government in Nigeria has banned street begging and has formed a special team to stop the “menace”,…
Nigeria’s Central Bank Reportedly Freezes Accounts Of Chaka, Bamboo; What Happens…
A Federal High Court sitting in Abuja has granted the Central Bank of Nigeria an order to freeze the accounts of…
Naira Abusers Risk Jail Terms, Central Bank Of Nigeria Warns
The Central Bank of Nigeria (CBN) has disclosed that it is working with the Nigeria Police Force (NPF), Federal…
Central Bank Of Nigeria Moves To Strengthen Cybersecurity In Other Financial…
The Central Bank of Nigeria (CBN) yesterday moved to strengthen cyber resilience of Other Financial Institutions…
Experts Raise Concern As Nigeria’s Inflation Falls To 17.38%
Economic experts have expressed concerns over the reported decline in the country’s inflation rate to 17.38 per…
TY Holdings Acquires 72% Stake In BOC Gases Nigeria
TY Holdings Limited yesterday announced to investing public that it has acquired 72 per cent stake in BOC Gases…
Stock Market Rebounds As Investors Gain N23bn
The equities market on the Nigerian Exchange Limited rebounded from the loss recorded on Monday with investors…
ECOWAS Fixes January 2025 Deadline For Adoption Of Cleaner Fuels
Member countries of the Economic Community of West African States (ECOWAS) have set a January 2025 deadline for the…
Manufacturers Urge Africa To Tap From AfCFTA
Whitfield, also the president of the Association of African Automotive Manufacturers (AAAM), in a statement,…
Finnfund Backs Telecom Infrastructure Provider With Debt
Finnish development finance institution Finnfund is backing Bandwidth and Cloud Services Group (BCS), a telecom…
Pearl Capital Invests Mix Of Debt And Equity In Cassava Processor
Yield Uganda Investment Fund, an agribusiness impact vehicle managed by Pearl Capital Partners, has committed $2.5…
81% Of Women Entrepreneurs In Middle East, Africa Own Digital Businesses
Despite the gender gap and social challenges, entrepreneurial women across the world and in the Middle East and…
FinTech Raises N11.5bn Series ‘A’ Funding To Address Vehicle Financing Gap In…
Moove, an African mobility fintech, has raised $23 million Series ‘A’ funding, led by Speedinvest and Left Lane…
Singapore To Deepen Investments In Nigeria, Others
Singapore is looking at deepening its economic ties with Nigeria and other West African countries as its…
The Securities and Exchange Commission (SEC), African Development Bank (AfDB)…
The Securities and Exchange Commission (SEC) and African Development Bank (AfDB) have commenced the implementation…
Helios Fairfax Taps Ujiri As Non-Executive Director
Helios Fairfax Partners Corporation (“Helios Fairfax”) (TSX:HFPC.U) announces that it has appointed Masai Ujiri as…