Africa’s pace of economic growth is set to pick up this year but the recovery remains patchy and debt levels are soaring, adding urgency to the...
The African Export-Import Bank (Afreximbank) said in Lagos that it will allocate $500 million from its Nigeria-Africa Trade and Investment Promotion Programme to support Nigerian manufacturers...
An estimated rise in the sales of train service ticket via the automated ticketing platform is expected to hit 16 billion Naira in the next ten...
International Monetary Fund (IMF) Acting Managing Director David Lipton has proposed a one-year extension to Carla Grasso’s appointment as Deputy Managing Director and Chief Administrative Officer....
Trading activities in the domestic equities market closed in the red as price depreciation in NESTLE (-3.9%), DANGCEM (-1.4%) and MTNN (-1.1%) drove the All Share...
Tutuka has said that global financial services investor, Apis Partners, as manager of Apis Growth Fund II, has acquired a majority stake in Tutuka. Apis acquired...
Africa Finance Corporation AFC, said that the Republic of Madagascar has become the twenty-second member state of the Corporation. The Republic of Madagascar has sustained positive...
The domestic bourse sustained yesterday’s bullish outing as buying interest in MTNN (+1.1%), INTBREW (+10.0%) and ETI (+5.5%) drove the All Share Index northwards by 8bps...
The Board of Directors of Zenith Bank Plc has approved the appointment of Mr. Henry Oroh as Executive Director of the bank. The appointment is consistent...
The Federal Government has urged the Central Bank of Nigeria (CBN), Nigeria InterBank Settlement System (NIBBS), the National Identity Management Commission (NIMC), to partner the Joint...
The Authority of ECOWAS Heads of State and Government West African nations have adopted a flexible currency regime after making considerable progress on plans for a...
Ecobank Ghana has deferred the payment of its 2018 dividends to shareholders to future growth in a bid to build its reserves after meeting the GH¢400...
(Reuters) – Airtel Africa Ltd, a subsidiary of Indian telecoms group Bharti Airtel Ltd, is considering a stock market flotation in London, it said on Tuesday,...
Despite the country’s challenging and fiercely competitive business environment, Fidelity Bank Plc delivered a solid financial performance in the first half of 2019, recording double-digit growth...
United Bank for Africa Plc has posted a double digit in all its key financial indices in its its audited half year financial results for the...