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Business
To Accelerate the Growth of SMEs, Bank of Ghana Collaborates with Two Parties.
The Bank of Ghana (BoG) has teamed up with two organizations to provide the nation's micro, small, and…
Elon Musk Prepares for a $56 billion Fight with a Drummer from Heavy Metal.
Elon Musk has fought against the automakers, short sellers, and securities authorities in Detroit. The Tesla…
Uganda Hopes to Enhance its Trading Relations with China.
In an effort to find further avenues for pursuing economic and commercial cooperation on a "win-win basis,"…
Elon Musk Sells at least 3.58billion Worth of Tesla Shares.
Elon Musk, CEO of Tesla Inc. (TSLA.O), sold $3. 95 billion worth of shares in the electric vehicle manufacture;…
$6 million will be Invested in AfyA Care by CardinalStone Capital Advisors.
AfyA Care's Series A capital round will include a $6 million investment from CardinalStone Capital Advisers (CCA);…
Telcos make N1.92billion from Calls and Data.
Between January and September 2022, MTN and Airtel earned N1.92 trillion on calls and data. This is information…
Amazon Establishes An Office In Nigeria
The first office of an IT company, Amazon Web Services, Inc. (AWS), has reportedly been established in Lagos,…
The Second-largest Shareholder in Twitter is the Saudi Prince, Alwaleed.
The monarch stated he adhered to his $1. 9 billion equity promise to the social media business's new owner; after…
International Brewery Estimates a Rise in Sales to N49billion in the Third Quarter…
The third quarter results for International Breweries Plc have been released, and they indicate a record 5.…
Nigeria and Canadas Business Increases to $2.7billion.
According to Temitayo Dada, the Canadian Commerce Commissioner in Nigeria, with $2. 67 billion in annual bilateral…
Buhari Plans to Trade with South Korea for over $1.3billion.
President Major General Muhammadu Buhari (retd) invited top Korean business executives to increase their…
PSBs Must Sell Foreign Currency Gains From International Wire Transfers –…
Payment Service Banks (PSBs) all throughout Nigeria have been given permission even by Central Bank of Nigeria…
FG Expects the Remaining 5G Spectrum Auction to Generate $547million.
The commission set the reserve price for the new 5G spectrums at $273.60 million in the Information Memorandum…
Nigeria’s Imports of Rice Decrease From 98.4% to 15metric Tons In 7 Months.
Between January and July 2022, Nigeria's imports of rice from the Thai Rice Exporters Association (TREA), one of…
Kogi Communities Jubilate As Dangote Cement Obajana Plant Reopens
There were huge scenes of jubilation among affected host communities; following the Federal Government's order for…
Nigeria Has a Chance To Increase Its Revenue as a Result of China’s Decision…
On October 17, Bloomberg reported that China had instructed its state-owned natural gas importers, including…
According to NMDPRA, Dangote’s 650,000bpd Refinery is 97% Finished.
According to announcement from the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), the…
NBC Will Increase Its Investment In Online Banking.
NBC Bank committed to making more efforts in the field of online banking to improve customer convenience and…
After US Interest Rate Increases, Safaricom’s Valuation Falls Below…
Due to the exodus of foreign investors following rate increases in the US, Safaricom's valuation at the Nairobi…
In Just One Week, Airtel Africa’s Market Value Declines by N752 billion.
Following persistent sell pressure on the equity, Airtel Africa Plc, one of the largest telecom companies listed…
Construction Sector Leadership Award Goes to Julius Berger for the Seventh Time in…
Julius Berger Nigeria Plc, ostensibly the most innovative and reputable engineering construction company in the…
Investors’ Groups Criticize the Kogi Government and Claim That Any Action…
The Federal Government of Nigeria has been urged by a group of shareholder associations; to step in immediately…
Banking Sector Disruption: Fintechs Will Continue To Be Guided By CBN, Says…
Financial technology (fintech) businesses, according to CBN Governor Godwin Emefiele, are upending the banking…
Geregu Power inspires investor confidence, gaining N25 billion on I ts Inaugural…
Despite a persistently gloomy market caused by the run-up to the 2023 general elections and an increase in…
Shell Purchases Daystar Power, in Lagos.
Under the condition of regulatory approvals, Daystar Power has declared that it will be bought by Shell; this is…
Ethiopian Airlines Becomes A key Investor In Nigeria Air.
The Nigerian government announced that Ethiopia Airlines is the preferred bidder for Nigeria Air; as it gets ready…
ECOWAS Names Dangote Manufacturing Brand of the Year.
In addition to winning eight separate Manufacturing Excellence Awards (EMEA) from the Economic Community of West…
The CBN Lends N9.3trillion To Businesses While Reducing Interference.
The Central Bank of Nigeria has lent N9.3tn to businesses, recovering N3.7tn from it.The apex bank said N5tn was…
Northeastern Angola Finds 131-Carat Diamond.
Another gem, a 131 carat white Type IIa diamond, has been recovered, according to Lucapa Diamond and Sociedade.…
Kenya Will Stop Using Diesel and Gasoline Trucks and Adopt Green Transportation.
Kenya Power plans to buy additional electric vehicles, including two-wheelers and three-wheelers; in the near…