Twiga Foods CEO Transfers Land from President’s Scheme to Private Company
Twiga Foods CEO, Peter Njonjo, transferred 20,000 acres of land allocated to him by the administration of…
Nigeria Warns of Potential Flooding from Lagdo Dam Opening in Cameroon
The Nigerian government has issued a warning that several states located along the path of the River Benue could…
Central Bank of Nigeria Renews Currency Swap Agreement with China After Expiry
Contrary to previous reports indicating that the currency swap agreement between Nigeria and China had expired,…
KPMG Nigeria Adjusts Economic Forecast to 2.65%
KPMG Nigeria Adjusts Economic Forecast to 2.65%, Citing Factors Such as Oil Production Contraction and Reforms…
Nigerian Crypto Platform Patricia Plans to Repay Hacked Funds with Debt Management…
Nigerian cryptocurrency platform Patricia has revealed its intention to use a newly created debt management token,…
Ukraine and Russia Clash Over Black Sea Oil and Gas Platforms; Military Activity…
The UK Ministry of Defence has reported that Ukraine and Russia are engaged in a conflict over strategic oil and…
Uncertain Prospects for Port Harcourt Refinery Restart as Doubts Surface Over…
The hopes for the Port Harcourt refinery's resumption of fuel production by December 2023, following its Turn…
BP CEO Discusses $3.5 Billion Investment Plan in Egypt with President and Minister
Bernard Looney, the CEO of BP, engaged in discussions today with Egypt's President Abdel Fattah al-Sisi and…
Analysts Predict Second-Half Growth Surge Amidst Q2 Economic Slowdown
Despite the economic growth dipping to 2.51% in the second quarter of the year, experts anticipate that a…
Tony Elumelu Urges Bold Strategies for Nigeria’s Transformation at NBA…
Tony Elumelu, the Group Chairman of United Bank for Africa (UBA) Plc, emphasized the critical necessity for…
Nigeria’s Unclaimed Dividend Reaches N190 Billion; SEC Implements Reforms…
At a post Capital Market Committee (CMC) press briefing, Dayo Obisan, the executive commissioner in charge of…
Foreign Investment in Nigerian Stocks Hits Lowest Level Since Reform-Driven Rally;…
Foreign investment in Nigerian stocks has dropped to its lowest point since President Bola Tinubu's reforms…
Surge in BUA Foods and Dangote Sugar Stocks Sparks Market Rally, Adding N324…
The Nigerian stock market kicked off the week on a positive note as renewed investor interest in key stocks like…
Unclaimed dividend grows by 7.35% to N190bn, says SEC
The total value of unclaimed dividends in Nigeria has risen to N190 billion, marking a 7.35% increase from the…
NCI fund: BoI, NCDMB disburse N38.4bn for oil, gas investors
The Nigerian Content Intervention (NCI) Fund, managed by the Bank of Industry (BoI) under the Nigerian Content…
Commercial Banks in Nigeria Seek Central Bank Liquidity Amidst Increasing…
Commercial banks and merchant banks in Nigeria are turning to the Central Bank of Nigeria (CBN) for liquidity,…
Nairobi Stock Exchange Sees 50% Plunge in Investor Wealth in 2 Years”
Investor wealth in the Nairobi Securities Exchange (NSE) has been cut in half since reaching its record high…
Kenya Re to Exit Indian Market Amid Heavy Losses from Agricultural Sector
Kenya Re, one of Kenya's leading reinsurance companies, is planning to exit the Indian market due to increased…
Rwanda’s Bus Shortage Fuels Unregulated Alternatives, Raises Concerns of…
The ongoing shortage of public buses in Rwanda has led to a host of issues for commuters, prompting the emergence…
Surprising Surge: Kenyan One-Year Treasury Bill Interest Rates Spike to 14%…
In an unexpected twist, the interest rate on the one-year Treasury bill in Kenya soared to a remarkable 14% during…
Credit Bank PLC Set to Make a Splash on Nairobi Securities Exchange, Aiming to…
In a bold move marking a significant shift on the financial horizon, Credit Bank PLC has announced its upcoming…
Kenyan Fintech Zanifu Bags $11.2M in Pre-Series A Round to Supercharge MSMEs with…
In a groundbreaking stride, Kenyan fintech powerhouse Zanifu has clinched a monumental $11.2 million in a…
Cape Town’s VC Powerhouse HAVAÍC Deepens Investment in RapidDeploy’s…
Venture capital juggernaut HAVAÍC, headquartered in Cape Town, is making waves again. Fresh off their…
Revolutionary Fundraising Blitz: RH Managers Spearheads R2-billion South African…
Johannesburg-based private equity and infrastructure powerhouse, RH Managers (RHM), is igniting a fervent…
AIIM and N+ONE Partner to Drive Pan-African Data Center and Cloud Services…
African Infrastructure Investment Managers (AIIM) and N+ONE DATACENTERS are collaborating to establish a…
Nigeria Loses 400,000 Barrels of Crude Oil Daily to Theft Despite Efforts to Curb…
Despite ongoing efforts to combat crude oil theft, Nigeria is still losing around 400,000 barrels of crude oil…
Nigerian Banks and Listed Companies Fined N125m for Failing to Submit Financial…
A total of eight banks and 18 listed companies in Nigeria have been collectively fined N125 million for their…
Over 88% of Working-Age Nigerians Lack Salary-Paying Jobs: NBS Data Reveals
Recent findings by The PUNCH indicate that a staggering 88.2% of working-age Nigerians are without salary-paying…
Nigerian Economy Suffers N1 Trillion Loss Across 26 Sectors in Q2 2023
The Nigerian economy continues to grapple with challenges as the food, textile, and 24 other sectors face a…
Equity Market Shake-Up: Domestic Investors Steal the Show, Foreigners Left…
The allure of foreign investments in equities has taken a hit due to ongoing macroeconomic challenges, as revealed…