Top 10 Richest People in Africa – Forbes.
It's worth noting that the path to wealth is not always straightforward, and many of the richest people faced!-->…
FCMB Group Issues N20.68bn Bond
In accordance with its N300 billion debt issue plan, FCMB Group Plc has announced the issuance of a N20.68 billion!-->…
NIBSS Reports a 44% Decrease in E-bill Payments Due to a Cash Shortage.
Despite the Central Bank of Nigeria's naira redesign strategy, which aims to increase cashless transactions, the!-->…
International Breweries Supports Climate Action with Gas-Powered Trucks
International Breweries Plc has started using gas-powered vehicles to transport its products around the nation as!-->…
N1trn Debt Payment, Gas Supply, Others Top Gencos’ Agenda for Incoming Govt
The next president should give special attention to a number of challenges that Power Generating Companies!-->…
Despite a Rise in February’s Crude Production, Nigeria’s Oil Rig Count…
Nigeria's oil rig count remained constant at 13 during the month of February despite an increase of around 48,000!-->…
Despite Europe’s Need for Spot Supply, Nigeria’s LNG Production…
According to a Natural Gas Intelligence (NGI) report, the six-train Nigeria LNG (NLNG) facility on Bonny Island!-->…
Due to Shaky Investor Sentiment, the Stock Market fell by N16 bn.
The Nigerian Exchange Limited (NGX) stock market began the new trading week yesterday by extending its losing!-->…
Shell Claims Significant Decline in Nigerian Oil Spills After Shutdown.
In Nigeria's oil-rich Delta, Shell reported a substantial decrease in oil spills in 2022 due to sabotage, which!-->…
In Nigeria, 75% of the Power is Produced by Generators.
According to the most recent assessments from the Society for Planet and Prosperity, GCA Capital Partners, and!-->…
Anger as NNPCL Hiring an Expatriate to Lead a Subsidiary
The nomination of Jean-Marc Cordier as the head of the Nigerian National Petroleum Corporation Limited's oil!-->…
Interswitch CEO Wins Entrepreneur Award
Mr. Mitchell Elegbe, the Chief Executive Officer and Founder of Interswitch Ltd, was recognized on Friday as the!-->…
Jumia Laid Off 20% of Staff in Q4 2022 Amid Work to Reduce Losses by Half this…
Jumia's streamlining initiatives resulted in a 60% drop in management personnel in Dubai and overall headcount!-->…
Nigerian credit-led Fintech FairMoney Acquires PayForce in Retail-merchant Banking…
FairMoney, a Nigerian credit-driven digital banking platform, has acquired PayForce, a small business-focused!-->…
Credable, a Digital Banking Infra Startup that wants to Build Unit For Emerging…
A $2.5 million seed round has been raised by Credable, a newcomer in this field that offers its clients the!-->…
BlackRock Eyes Deal to Buy Into Biggest Africa Wind Power Farm in Kenya
Northern Kenya's Lake Turkana Wind Power is home to Africa's largest wind farm, and a public-private partnership!-->…
Airtel Launches First eSIM Card Services in Tanzania
The eSIM (embedded SIM), a digital SIM that gives users access to the same functionality as physical SIMs sold in!-->…
Moody’s in Tanzania to Evaluate Credit Worthiness
Tanzania can borrow money from foreign markets at fair rates if the government's efforts to improve its credit!-->…
T-bills, Bonds Still Safest to Invest in — Ebo Turkson
According to Assistant Professor of Economics Prof. Festus Ebo Turkson, notwithstanding the government's!-->…
Foreign Investors Dump Over Four billion NSE Shares
In multi-year selloffs, foreign investors have sold nearly four billion Nairobi Stock Exchange (NSE) shares,!-->…
State Owes ViVo Energy Sh21 Billion Fuel Subsidy
The parent company of the oil marketer flagged the delayed payments after the government's debt to Vivo Energy!-->…
SEC Rejects Nigerian Enamelware’s Debt Conversion, Bonus Shares
Nigerian Enamelware Plc's attempt to convert a significant shareholder's debt to equity was denied by the!-->…
NEXIM, Navy, and NIWA Unveil River Navigation Charts, Providing a Boost to the…
The release of navigational charts for the lower River Niger has boosted the $61.5 million regional Sealink!-->…
MTN To Merge Two Financing Companies.
Momo Payment Service Bank Limited and Yello Digital Financial Services Limited, two finance subsidiaries of!-->…
Currently Circulating Currency now N982bn – CBN
As a result of the Central Bank of Nigeria's naira redesign strategy, the amount of currency in circulation in the!-->…
Unilever Nigeria to Quit the Skin Care and Home Care Industries.
Unilever Nigeria's Fast Moving Consumer Goods division has announced that it will leave the skin care and home!-->…
Inflation Can’t Reduce With High Fuel Price – Abuja chamber
According to the Abuja Chamber of Commerce and Industry, the price of Premium Motor Spirit, more commonly known as!-->…
Manufacturers Seek Access to Loans
The Manufacturers Association of Nigeria, which represents manufacturing CEOs, claims that the difficulty in!-->…
NCC, Stakeholders Hold Talks on Data Depletion
The Nigerian Communication Commission announced intentions to implement measures on Thursday in order to prevent!-->…
Manufacturers Claim a 25% Decline in Sales Due to a Cash Shortage.
According to manufacturers, the prolonged shortage of naira notes has caused a 25% decline in sales of!-->…