The Board of Directors of the African Development Bank has approved its third equity investment of $40 million in Africa Infrastructure Investment Fund (AIIF3), a closed-ended...
In its last sale before the final Monetary Policy Committee (MPC) meeting for 2018, the Central Bank of Nigeria (CBN) on Friday, November 16, 2018, injected...
The Economic and Financial Crimes Commission(EFCC) has boosted the Federal treasury with the sum of N1.37 billion, which no one stepped out to claim since August....
Borrowing by low and middle-income economies from external official and private creditors surged to $607 billion in 2017 from $181 billion the previous year, the highest...
Federal Government is muting the idea of setting up another Peoples Bank. This time it is to boost Small and Medium Scale Enterprises(SMEs). Vice President Yemi...
Ghana will seek to raise as much as $750 million through a sale of shares in a fund that will hold the West African nation’s stakes...
General Electric said it has divested from transportation and handed over the leadership of a consortium chosen to run a Nigerian rail concession to South Africa’s...
The Central Bank of Nigeria (CBN) has warned that electronic fraud losses in the banking system would reach N6.1 trillion by 2021. Mr Sunday Salam-Alada, Director,...
The African Export-Import Bank (Afreximbank) has launched a project preparation facility aimed at increasing the availability of viable well-prepared projects in Africa and at making such...
Nigeria’s Main One Cable Co took responsibility for a glitch that temporarily caused some Google global traffic to be misrouted through China, saying it accidentally caused...
Plans by South Africa’s ruling African National Congress (ANC) to change the constitution to allow the expropriation of land without compensation have unnerved investors, a senior...
The just-concluded Africa Investment Forum successfully convened key stakeholders and provided a platform for effective dialogue to drive investments into the continent. Running on the margins...
The Nigeria Employers’ Consultative Association (NECA) has expressed its shock and utter dismay at the gruff actions and jungle behaviour of Mr. Lanre Gbajabiamila, new...
MTN Group will apply for a mobile banking licence in Nigeria and plans to launch the service next year, its CEO said, further embedding the South...
The Central Bank of Japan has become the first among G7 nations to own assets collectively worth more than the country’s entire economy, following a half-decade...