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Uganda Shilling Increases as Oil Prices Decline.
The rise in the import bill brought on by a significant increase in oil imports and the high cost of debt…
Nigeria Opens its First Deep Sea Shipping Port.
Nigeria's first deep sea port was turned over to the government by China Harbor Engineering Company Ltd. (CHEC)…
FG Charges 16 Foreigners with Oil Theft and Detains the Vessel.
16 foreigners have been charged by a Federal High Court in Port Harcourt, Rivers State, with offenses that include…
Egyptian Fintech Equity and Financing Round Led by EIIC and Sawari
The Egyptian finance firm, Blnk, formed in 2021 by Amr Sultan and Tarek Elsheikh, has revealed that it has earned…
Helios Invests Expansion Money in IXAfrica.
Helios Investment Partners, the top private investment company with an emphasis on Africa, and IXAfrica Data…
Quona Capital Closes a $332 million Fund to Finance Fintech Businesses in…
Quona Capital, a venture capital firm, has announced that Fund III, its third fund, has reached its final closure…
To Further its Worldwide and African Development, Yassir Gets $150 million in…
Yassir, an Algerian super-app with a San Francisco headquarters that provides financial and on-demand services,…
Buyoya Promoted to be IFC’s Regional Director for West Africa.
Olivier Buyoya has been appointed as the new regional director for the International Finance Corporation (IFC) in…
Central Bank of Kenya Requests Banks to take Additional Loan Pricing Criteria into…
In order to extend loans at an acceptable price, the Central Bank of Kenya (CBK) has urged lenders to take into…
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…
In October, Inflation Reached 40.4% In Ghana.
Ghana's year-over-year inflation increased to 40.4% in October from 37.2% in September, according to the Ghana…
Sam-Bankman Fried Informed the Director of OKX that FTX had a $7 billion…
According to a top official at OKX, FTX CEO Sam Bankman-Fried requested a $2 billion to $4 billion capital…
Rise and Fall of Crypto Exchange FTX
Exchanging cryptocurrencies Following the failure of a rescue from bigger rival Binance, FTX was on the verge of…
Toyota Tsusho Establishes “Health54,” a Startup Investment in the…
Toyota Tsusho Corporation ("Toyota Tsusho") announced that its subsidiary CFAO SAS ("CFAO") has founded Health54…
The Strategic Partnership of RMB Corvest is Extended to a Solar Supplier.
To help Sedgeley Solar Energy Namibia (Sedgeley Energy) better capitalize on rooftop solar photovoltaic (PV)…
Financial Watchdog Investigates Sportsbet and Bet365 on Grounds of Money…
On the grounds that Sportsbet and Bet365 may not have complied with anti-money laundering regulations, the…
In View of a Severe Labour Shortage, Canada Announces an Immigration Plan.
Currently, Canada anticipates bringing in 465,000 new permanent residents in 2023, up 4% over the prior goal, and…
CMA Supports the Return of Investments in Mobile Bonds.
The M-Akiba bond, on the other hand, which was tested in April 2017, only required a minimum investment of…
NNPC and Addax Enter an Agreement to Resolve a License Issue.
To resolve the conflict over Oil Mining Leases 123/124 and 126/137, the Nigerian National Petroleum Company…
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.…
In the Persian Gulf, Iran’s IRGC Intercepts a Foreign Fuel Tanker.
Iran's military has detained a tanker flying a foreign flag on suspicion of engaging in unlawful smuggling…
Ukraine has Reported Airstrikes on Critical Infrastructure.
Ukrainian officials reported Russian strikes on vital infrastructure; with one official reporting that 40 missiles…
Lula Defeats Bolsonaro to Retake the Presidency of Brazil.
The leftist Worker's Party candidate Luiz Inacio Lula da Silva beat incumbent President Jair Bolsonaro; this is…
Nigeria Immigrants to Canada Ranks Fifth Overall.
According to the country's 2021 census, Nigeria is one of the top 5 countries of birth for recent immigrants to…
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…
Guinness Nigeria Stockholders will Get a Dividend of N15.639billion.
Guinness Nigeria Plc shareholders, who own 50 shares of the UK-based Diageo Plc subsidiary, approved a proposed…
According to Reports, Musk Intends to Finalize the Twitter Deal.
In a video conference call with bankers who are helping to finance the deal, Elon Musk promised to close his $44…
Adidas Cuts Ties With Kanye West Due to Antisemitism, Reducing His Net Worth to…
After Mr. Wests debut, a "White Lives Matter" T-shirt design at Paris Fashion Week, Adidas' Yeezy brand…
The Effect of Nigeria’s Manufacturing Sector on Economic Growth.
Production is a phrase that many academics use to refer to manufacturing. According to Sloman (2016), there are…
According to Gas Boss, Ukraine is Headed for the “Worst Winter Ever.”
Winter in Ukraine will be the coldest it has ever been, and it will be distinguished by persistent outages,;…