Other South African companies that expanded into Nigeria and have since decided to leave are Shoprite and Massmart. Nigerian conglomerate UAC plc has signed an agreement to acquire the minority …
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.
Despite the growth of 5.01% in Q2, 2021, Nigeria needs an “Elite Consensus” that can articulate policies that would translate to double-digit and inclusive economic growth. Mr Tope Fasua, an …
Throughout the world, investors and business people are obtaining second citizenship to avail of the significant benefits associated with dual nationality. Nigerians are no exception. In fact, Nigerians are amongst …
The Naira4Dollar policy of the Central Bank of Nigeria (CBN) may have begun to yield dividends as remittances from Nigerians in the Diaspora now stand at an average of $34 …
- Business PoliciesWestern Africa
Banks, other operators may create e-wallets after e-Naira deadline – CBN
The Central Bank has announced that at the launch of the eNaira project, banks and other licensed operators may provide their wallets which means it wouldn’t compete with existing banks. …
Young people living in the Central African Republic, Chad, Nigeria, Guinea, and Guinea-Bissau are the most at risk of the impacts of climate change, threatening their health, education, and protection, …
Ms Kristalina Georgieva, Managing Director of the International Monetary Fund (IMF) made the following statement today: “The largest allocation of Special Drawing Rights (SDRs) in history—about US$650 billion—comes into effect …
Cryptocurrency prices continue to be a mix of red and green on August 29. The global cryptocurrency market cap is $2.12 trillion, a 0.46 per cent increase over the last …
Angola has unveiled the Saurimo diamond development pole, seeking to consolidate its position as a leading diamond-cutting producer, Minister of Mineral Resources, Petroleum and Gas Diamantino Azevedo said Friday. The …
Unitel, an Angola-based mobile operator, has launched Unitel Money, a digital money service in the Central African country. The technology will be available in all of the country’s 18 provinces. …