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Ecobank Transnational Incorporated (ETI), parent company of the Ecobank Group, has appointed Ms. Arunma Oteh to its Board of Directors as a Non-Executive Director. Ms. Oteh...
eTranzact International PLC, Africa’s premier electronic payment solutions provider has gotten the express approval of Shareholders of the company to raise its Authorised Share Capital from...
The Federal Government has said it is working with the Indian Government to access $100 million concessional loan to develop Nigeria’s rural broadband connectivity. The Minister...
NEM Insurance Plc said that Advanced Finance and Investment Group (“AFIG Funds”), a leading African private equity fund manager has, through AFIG Fund II, completed an...
President Muhammadu Buhari has assured electricity consumers in Edo State that he would look into calls for the withdrawal of Benin Electricity Distribution Company (BEDC)’s operational...
The African Export-Import Bank (Afreximbank) has in Cairo signed a facility agreement lending $170 million to Egypt-based conglomerate Orascom Investment Holding (OIH) to assist the company...
Africa’s general economic performance continues to recover and GDP growth is projected to accelerate to 4.0 percent in 2019 and 4.1 percent in 2020. But improved...
Foremost petroleum marketing company in Lagos, Nigeria, MOB Integrated Services Limited, is now the largest supplier of Liquefied Petroleum Gas (LPG) in West Africa, delivering over...
Nigerian energy firm Forte Oil plans to enter into talks to sell its power unit to its major investor, billionaire Femi Otedola, after it failed to...
Heads of states, top officers of governments and African leaders and representatives of African Union and United Nations will converge at the inaugural Africa Business: Health...
Nigerian Association of Small Scale Industrialists (NASSI) has called on the Federal Government to review the conditions of loans for Micro, Small and Medium Enterprises (MSME)....
The Central Bank of Nigeria (CBN) has rolled out measures to ensure that at least 80 per cent of Nigerians have access to banking and other...
By David Lipton The global economy faces a number of complex challenges from technological change and globalisation, and the lingering effects of the 2008-9 financial crisis....
The gaining streak in the local bourse was sustained into today’s trading session as buying interest in DANGCEM (+1.1%), NIGERIAN BREWERIES (+1.0%) and ETI (+2.2%) drove...
Eko Refinery and Petrochemical Company has appealed to the Federal Government to support local refiners with sovereign guarantees loans for the completion of their modular refineries....