Fintech company, Flutterwave, has said it will be shutting down its virtual dollar card service also known as Barter card, effective from July 17, 2022. The company disclosed this in …
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.
- AfricaBusinessNewsNigeriaTechnologyWestern Africa
The National Bureau of Statistics on Friday revealed that the nation’s headline inflation rate increased to 18.60 per cent in June, up from 17.71 per cent in the previous month. …
Glencore Plc is expanding a coal mine that scientists have estimated leaks so much planet-wrecking methane each year it has the same warming impact as the annual emissions from millions of cars. New …
- AfricaBanking, Finance & InvestmentBusinessGlobal NewsNigeriaWestern Africa
UBA opens branch in Dubai
The United Bank for Africa (UBA) has officially launched a new branch in the United Arab Emirates (UAE). The Nigerian tier-1 bank is extending its operations to the oil-rich Middle East country …
Tongaat Hulett has approached the JSE for a temporary suspension of its listing, saying it will not be able to publish its financials on time, again. The company’s share price …
- AfricaGlobal NewsHealthcareHospitality, Travel & TourismWestern Africa
Akwaaba Travel Market Partners Turquaz Health Tourism
The organisers of AKWAABA African Travel Market have announced a partnership with Turkish firm Turquaz Health Tourism as their Official Exclusive Partner for this year’s AKWAABA event. Turquaz Health is …
The International Air Transport Association (IATA) has expressed shock at the announcement by the government of the Netherlands that it would cut the number of annual flights at Schiphol Airport …
- Banking, Finance & InvestmentEastern Africa
Equity, AFCTA Ink Deal To Accelerate Sh678bn Recovery Stimulus Plan
Equity Group Holding Plc has signed a Memorandum of Understanding (MoU) with Africa Continental Free Trade Agreement (AFTCTA) that will see the former accelerate the Shs 678 billion (USD 6 billion) …
- AfricaBusiness and EconomyNewsNigeriaWestern Africa
Naira hits 620/$ at parallel market as FX demand surges
The naira fell to N620 per dollar yesterday at the parallel market amid the lingering scarcity of the greenback. The figure represents a depreciation of N5 or 0.8 percent from …
- AfricaEntrepreneurshipMobile Telecommunications Network (MTN)NigeriaWestern Africa
BOI, MTNF offer training, N2 million credit to female entrepreneurs
Nigeria’s Bank of Industry (BOI) and telecoms company, MTN, have announced a business initiative that will train female entrepreneurs and provide them with loans and grants. The effort, through MTN’s Y’ellopreneur, …