MTN Group has decided to pull the plug on its operation in war-torn Syria after it lost control of the business. It has booked a loss of R4.7 billion on …
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.
The federal government is now set to reintroduce toll collections on some selected dual carriageways across the country, according to Babatunde Fashola, Minister of Works and Housing. Fashola, disclosed this …
Hackers behind one of the biggest ever cryptocurrency heists have returned more than a third of $613 million (roughly Rs. 4,550 crores) in digital coins they stole, the company at …
A new report on money laundering in the United States has revealed that more than $2.3 billion was laundered through U.S. real estate in the last five years. Additional information …
- Entrepreneurship
Naspers Foundry leads $8.3m Series A investment in South African insurtech startup Naked
Naspers, through its early-stage tech investment vehicle Naspers Foundry, invested $8.3 million (R120 million) in Naked, the artificial intelligence (AI)-driven insurtech startup that offers full digital insurance to cars, homes, …
Environmental Rights Action/Friends of the Earth Nigeria (ERA/FoEN) has urged African countries to urgently embrace renewable energy sources so as not to be left behind in the ongoing rapid global …
The Nigerian National Petroleum Corporation (NNPC) has continued its ongoing major reshuffle of key managerial positions in the national oil company, a move that has affected at least 52 officials …
Uncap, a funding platform seeking to revolutionize access to early-stage funding in Africa aims to make early-stage funding accessible to every good entrepreneur in sub-Saharan Africa.Uncap aims to invest in …
Ejisu (Ash), Aug. 10, GNA – About 40 per cent of start-up businesses in Ghana do not make a profit at all, Mr. Sherif Ghali, Chief Executive Officer of the …
Business mogul, Aliko Dangote, is the only Nigerian to make a list of 500 billionaires published by Bloomberg Billionaires Index on Tuesday. The index which was updated by the close …