Excitement was on the menu when former McDonald’s restaurants reopened in Russia last month under new management and branding, but the successor to the golden-arched throne has a problem: a …
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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- Banking, Finance & InvestmentBusinessSouthern Africa
Standard Bank headquarters at Joburg closes after fire breaks out
Standard Bank has shut one of its largest branches in Johannesburg after a fire broke out. The bank’s Simmonds Street complex in the Johannesburg CBD caught fire in its Energy …
Abdul Samad Rabiu, Founder and Chairman of BUA Group has been re-appointed as President of the France Nigeria Business Council by President Emmanuel Macron of France. This was announced at …
- Business and EconomyNigeriaWestern Africa
Fidelity Bank disburses N100 billion loan to SMEs in H1, 2022
Fidelity Bank Plc has disbursed over N100 billion loans to Small and Medium Enterprises (SMEs) in the real sector in the first half of the year. The bank has also …
The Nigerian National Petroleum Company (NNPC) Limited has won a court decision temporarily blocking Exxon Mobil Corporation from selling assets in Nigeria to Seplat Energy Plc. A judge in Abuja …
Five international oil companies operating in Nigeria’s oil and gas sector are to remit an outstanding balance of about N400bn to the Federation Government through the Nigerian National Petroleum Company …
Nigeria’s broadband penetration recorded a quantum leap in the last seven months from November 2021 with a record of seven million new subscriptions, indicating a steady rise in nation’s quest …
A team of lawyers led by Mr A.M Makinde, SAN for Dr. Charles Mekwunye, SAN, has filed a motion before the Federal High Court in Lagos seeking an order to nullify …
- AfricaBusinessCryptocurrencyTechnologyWestern Africa
Zhao visits West Africa, donates funds for community education workshops
The Founder and CEO of Binance, the world’s largest cryptocurrency and blockchain infrastructure provider, Changpeng Zhao, recently visited Ivory Coast and Senegal as part of his tour to connect with Binancians across …
- AfricaBusinessEntrepreneurshipNigeriaWestern Africa
Flourish Africa Fund empowers 500 female entrepreneurs
Flourish Africa, founded by Africa’s richest woman, Apostle Folorunso Alakija, has announced the graduation of the first batch of 500 female entrepreneurs of the Flourish Africa Business and Life Skills …