Fidelity Bank is on the verge of sourcing new capital allowing for issuance of over 3 billion shares, the tier 1-aspiring lender said Wednesday, a move that could further expansion plans …
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.
- Banking, Finance & InvestmentNigeriaWestern Africa
- Information TechnologyNigeriaTechnologyWestern Africa
NowNow, Nigerian digital system startup raises $13 million in seed round
Nigerian fintech startup, NowNow announced Wednesday it has raised a $13 million seed round. The funding round was led by NeoVision Ventures Ltd., DLF Family Office, and Shadi Abdulhadi. With …
- Global NewsInformation & TechnologySpotlightTechnology
Justice Ministry in Brazil orders Apple to stop selling iPhones without charger.
Apple has been reportedly ordered by the Justice Ministry in Brazil to stop selling iPhones without a charger in the box. According to Brazilian officials, Apple’s act of giving customers …
- NigeriaPoliticsWestern Africa
INEC announces commencement of adhoc staff recruitment portal for 2023 elections
INEC, The Independent National Electoral Commission announced the commencement of recruitment for ad hoc staff for the upcoming general elections Wednesday on its official Facebook page. The electoral body went …
- AfricaAFRICA NEWSAviationEconomyNewsNigeriaTransportation & LogisiticsTravel & TourismWestern Africa
Nigeria to penalise foreign airlines selling tickets in dollars
The federal government of Nigeria says it will penalise foreign airlines selling tickets to Nigerians in dollars, insisting that such practice is a violation of Nigerian laws. This was disclosed …
- AfricaAFRICA NEWSAviationBusinessNewsNigeriaTransportation & LogisiticsTravel & TourismWestern Africa
Nigeria signs bilateral air travel agreement with Kuwait
The federal executive council (FEC) has approved the signing of a bilateral air services agreement (BASA) between Nigeria and Kuwait. This was disclosed by Hadi Sirika, the Aviation minister after …
- AfricaAFRICA NEWSBusinessFood ProductionNewsSouth AfricaSouthern Africa
Tiger Brands SA recalls baby powder products after traces of asbestos were detected
South Africa’s largest food company Tiger Brands Ltd is recalling its Purity Essentials baby powder products as a precautionary measure after traces of asbestos were detected in test samples, it said …
- AfricaAFRICA NEWSBusinessGlobal NewsNewsSpotlightTechnology
Brazil fines Apple $2.4m, bans sale of iPhone without charger
Apple has been barred from selling iPhones without a charger in Brazil and fined more than $2 million over the issue, the government said Tuesday, after accusing the US tech …
The Kenya Pipeline Company (KPC) has announced plans to build another petroleum products pipeline between Mombasa and Nairobi, barely four years after the commissioning of the line that currently moves …
- AviationKenya NewsTransportation & Logisitics
Kenya Airways set to resume daily flight for the New York route in December
Kenya Airways (KQ) will resume its daily flight frequency for the New York route in December, citing a spike in forward bookings for the festive month. The airline had cut …