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Business
Kenya: The Majority of NSE Companies do not Pay Dividends.
In the most recent financial year cycle, almost half of the Nairobi Securities Exchange (NSE) listed companies did…
Export-related Loans Reached N44 billion.
The intervention funds allocated by the Central Bank of Nigeria under its Export Facilitation Initiative increased…
Why Nigerian Ships are Unable to Lift Crude-Ex-COMD-NNPC.
According to Kon Bob-Manuel, a former general manager of shipping and terminal operations for the Nigerian…
Nigeria Records N170.2 Trillion In Foreign Trade In 5 Years.
According to analysis of National Bureau of Statistics (NBS) reports, trade between Nigeria and other nations…
Ventures Platform Fund Exceeds $40 million Goal.
Ventures Platform, a pan-African venture capital firm that supports the next generation of African technology…
TLG and UGFS: First Close for Tunisia-based Empower Fund.
The Empower Fund, created by the CDC Tunisia, has announced its first close, according to UGFS and TLG Capital.…
Sahel Capital Withdraws its Investment in L&Z Farms.
According to a statement from L&Z Integrated Farms Limited, an integrated dairy processing business in…
Plension Capital Firm Launches and Discloses First Transaction.
Plesion Capital announced its establishment as a social impact venture capital company dedicated to collaborating…
SPE Capital Purchases the Majority of Vital to AIF I’s portfolio.
SPE Capital, an investment company with a focus on Africa and the Middle East, announces the acquisition of a…
Tanzania: Oil Traders Forecast that Local Gasoline Prices will Stabilize 2023.
The year 2023 began with petroleum products moving in a variety of directions, predictions for the stability of…
Nigerian Market will Benefit from Canadian Real Estate Policy.
According to stakeholders, Canada's decision to ban foreign real estate investors will have a positive effect on…
NIMASA: The Key to Effective Port and Flag Administration is Standardized Digital…
According to Dr. Bashir Jamoh, Director General of the Nigerian Maritime Administration and Safety Agency…
The Niger Government Enacts a N243 billion Appropriation Bill.
The 2023 appropriations bill, totaling more than N243 billion, has been signed into law by Niger State Governor…
Nigeria Debt Profile: 28 Governors Accrue N5.8 trillion in Debt.
In the midst of the current economic crisis, the minister of the Federal Capital Territory and the 28 governors of…
China Leads Nigeria’s Imports in the Q2 of 2022, while India Leads Exports.
According to data from the National Bureau of Statistics, China was Nigeria's top import source in the second…
NBK Capital Holds Final Close for Shari’ah Credit Fund.
A renowned regional investment advisor, NBK Capital Partners, has announced the completion of the third-generation…
Amethis Invests Growth Capital into Moroccan Globex Logistics.
The Moroccan company Globex, a specialist in fast messaging, freight, and transit solutions in Morocco and…
2023 Budget would Result in Unemployment and Inflation – Utomi.
According to Pat Utomi, a political economy professor and the founder of the Centre for Values in Leadership, the…
Banks Ban Naira Cards From Online And Point-of-Sale International Transactions.
The usage of Naira cards for international online and Point of Sale (PoS) transactions has been discontinued,…
The Way Of Water from Avatar Brings In $1 billion In Just 14 Days.
The worldwide box office for James Cameron's "Avatar: The Way of Water" has surpassed $1 billion.The combined $317…
Gas Supply Constraints Caused a 61% Revenue Loss for Geregu Power in The Third…
The newly listed company on the Nigerian Exchange Group, Geregu Power Plc, lost N8. 2 billion, or 61 percent, of…
Fitch – Ghanaian Banks will Deteriorate As A Result of The Restructuring of…
When banks replace their current debt with new bonds that have lower coupons and longer tenors, according to…
Nigeria: Lekki Port Starts Discussions On A Liquid Berth Terminal.
According to Laurence Smith, the Chief Operating Officer of Lekki Port LFTZ Enterprise Limited, discussions have…
25-year Port Master Plan will Be Completed In Q3 2023 – NPA.
According to Mohammed Bello-Koko, managing director of the Nigerian Ports Authority, the 25-year port master plans…
Emefiele Should Defend Himself, Group Says Regarding Terrorism Financing.
The South South Reawakening Group (SSRG) demanded that the Central Bank of Nigeria (CBN) Governor, Mr. Godwin…
Afreximbank’s FEDA Purchases A Stake In Geregu Power Plc To Boost The Power…
The Fund for Export Development in Africa (FEDA) of the African Export-Import Bank (Afreximbank) has announced…
In 2023, German Corporations Intend to Invest more in Africa.
43% of German companies anticipate increasing their investments in Africa in the upcoming year, particularly in…
Shell will Pay 15 million Euros to Resolve the Nigerian Oil Disasters.
Shell (SHEL.L) will pay 15 million euros ($15. 9 million) to communities in Nigeria that were affected by multiple…
Nigeria: SEC Begins Annual Registration of Market Operators.
The Securities and Exchange Commission, Nigeria's top capital market regulator, has announced the beginning of an…
Tesla to Freeze Hiring and Lay Off Employees First Quarter of 2023.
There will be further layoffs at electric vehicle manufacturer Tesla Inc (TSLA.O) in the upcoming quarter.…