The volume of mortgage finance provided by companies in Egypt amounted to around EGP 7.27 billion in the first half (H1) of 2022, this was disclosed in the Financial Regulatory …
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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PlayStation dominates Xbox as South African gamers increase demands
South African gamers seem to prefer Sony’s PlayStation over Microsoft’s Xbox, though the games consoles’ distributors have declined to reveal their exact market share. Statcounter’s console operating system market share …
- AfricaAFRICA NEWSEconomyNewsNigeriaWestern Africa
‘Tax the rich, increase salaries by 50%’, NLC writes to the Federal government of Nigeria
The Nigerian Labour Congress (NLC) has asked the federal government of Nigeria to raise taxes across the board for the ‘rich’ and ensure that governors above 50 years resign. The …
- BusinessGlobal NewsManufacturing & Consumer GoodsNews
Johnson & Johnson to stop selling talc baby powder in 2023
Johnson & Johnson, an American pharmaceutical company, says it will stop selling its talc-based baby powder globally in 2023. The company said talc will be replaced by cornstarch. The move …
- AfricaAFRICA NEWSBusinessNewsNigeriaOil & GasWestern Africa
NNPC, contractors renew production sharing agreements
The Nigerian National Petroleum Company Limited (NNPC LTD) and its partners in Oil Mining Leases on Friday signed renewed Production Sharing Contracts agreements to produce 10 billion barrels of oil …
Barloworld, the South African car dealer and supplier of equipment to the mining industry, is marketing the nation’s first sale of debt linked to gender-diversity targets. The Johannesburg-based company is …
For investors trying to decipher if the stock market rebound has staying power, Apple Inc. holds a clue. The world’s most valuable company has the biggest influence in the S&P …
- AfricaAFRICA NEWSBusinessMarketsNewsNigeriaWestern Africa
Naira exchanges N429.62 to dollar at Investors’ window
Naira, the Nigerian currency, appreciated against the dollar at the Investors and Exporters window, exchanging at N429.62. The figure on Friday represented an increase of 0.15 per cent compared with …
SARB, The South African Reserve Bank has imposed R35 million in fines on Nedbank for failures that included not reporting cash transactions of large amounts and shortcomings in record-keeping. The …
The Debt Management Office (DMO) has announced the listing of three Federal Government of Nigeria bonds valued at N225 billion for a subscription via auction at N1,000 per unit. This …