Concerns about the delta variant of Covid-19 look to be seeping into volatility markets just as the traditionally challenging month of August kicks off. The Cboe Volatility Index, or VIX, …
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.
Reports on Monday suggested vaccine makers Pfizer (PFE) with BioNTech (BNTX) and Moderna (MRNA) raised the prices of their Covid shots, leading BioNTech stock to pop. The report comes a …
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CBN Dismisses Rumours of Plans to Convert Forex in Customer’s Domiciliary Accounts into Naira
Central Bank of Nigeria (CBN) has allayed fears over domiciliary account deposits as it dismissed rumours of plans to convert foreign exchange in customer’s domiciliary accounts into Naira. Osita Nwanisobi, …
United Arab Emirates-based music streaming app Anghami has announced a new business venture called Lab, a project that will see music studios launched in several major cities across the globe …
MTN Group’s Nigerian unit has reported a 27.6% increase in half-year earnings before interest, tax, depreciation and amortisation (Ebitda), despite a sharp decline in subscribers brought about by regulatory restrictions …
Shell, a world energy giant, has named Elohor Aiboni as the managing director of Shell Nigeria Exploration and Production Company Limited (SNEPCo), its Nigeria deep-water business, with effect from 1st …
Airtel Africa Plc has announced that it has secured a $200m investment from Qatar Holding LLC. This is in a bid to boost its mobile money arm. According to a …
Ola Williams has been announced as the new country manager for Microsoft Nigeria. Previously the specialist sales leader working with the extended team and the company’s partner organizations to grow …
Property Developers in Nigeria have said that building low-cost houses and putting on the property market for low-income earners is not possible in the country as such a venture is …
Leading real estate developer and luxury lifestyle provider, Periwinkle Condos will Wednesday sign a multibillion naira land acquisition deal with Eko Atlantic City, Victoria Island, Lagos. The construction of Pan …