First Bank of Nigeria says it will suspend international transactions on its naira Mastercard from September 30. In a recent statement to its customers, the bank said such transactions would not …
Radarr Africa Business Desk
Radarr Africa Business Desk
The Radarr Africa Business Desk reports daily on companies, markets, banking, energy, technology and policy across Nigeria and Africa. Stories are reviewed and edited by The Radarr Africa Editorial Team in Lagos. Story tips and corrections: business@radarr.africa.
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AfricaAFRICA NEWSBanking, Finance & InvestmentBusinessFinance & ServicesNewsNigeriaWestern Africa
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Ghana’s economy grew by 4.8 percent, year-on-year, in the second quarter of this year largely due to the manufacturing and crop and cocoa sectors, the Ghana Statistical Service (GSS) has …
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EconomyEntrepreneurshipKenya News
Trade Ministry requesting for Sh900mn From Development Partners To Unlock Kenya’s Export Potential
The Ministry of Industrialization, Enterprise and Trade is seeking Sh978 million from the Korea Trade Investment Promotion Agency (KOTRA) and the exchequer to facilitate the implementation of an integrated national …
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BusinessNigeriaTransportation & LogisiticsWestern Africa
Massilia Motors launches Mitsubishi Drive Your Ambition Show
Massilia Motors, the sole distributor of Mitsubishi Motors in Nigeria, has partnered with Under 40 CEOs, a platform which inspires and motivates intending young business leaders across Africa, to launch …
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Public sectors union have announced their plan to strike following a breakdown in negotiations with the government over wage increases. The unions, which form part of the South African Federation …
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NICN, The National Industrial Court of Nigeria has ordered the Academic Staff Union of Universities (ASUU) to suspend its seven months old strike. The order followed the granting of an …
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BusinessInformation TechnologySouthern AfricaTechnology
Apple Inc. unveils iPhone 14 to be on sale in SA.
Apple Inc. unveiled a new line-up of devices last week with few surprises beyond one major one: It didn’t raise its US prices during one of the worst years for …
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AfricaAFRICA NEWSBusinessEconomyNewsNigeriaTechnologyWestern Africa
Nigerian tech startups raised Over $2b in 7 years, the highest on the continent
The Nigerian startup ecosystem has recorded a significant amount of growth in terms of investments, with Lagos taking the lead. According to a report, about 383 Nigerian tech startups raised a …
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The Debt Management Office (DMO) said Nigeria’s total public debt stock, which was N41.60 trillion (100.07 billion dollars) in March rose to N42.84 trillion (103.31 billion dollars) by June. According …
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AfricaAFRICA NEWSEconomyNewsSouth AfricaSouthern Africa
SA inflation dips to 7.6% in August, the lowest monthly change since January
South Africa’s headline consumer inflation fell to 7.6% year on year in August, data showed on Wednesday, suggesting inflation may have peaked in annual terms at 7.8% the previous month. Inflation …