Financial institutions like commercial banks will be required to immediately give up the full rights to individual apartment buyers when they finish paying up their mortgages or loans under new …
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.
Safaricom’s share price closed at an all-time high of Sh39.9 on Wednesday as investors rushed to buy on news that the telecoms operator is close to securing an operating licence …
Savings offset many of the costs that came with hiring thousands more workers. With Covid-19 restrictions lifting, more people are booking trips and hotels online, which is very good for …
Nairobi accounted for 75.8 per cent of Kenya’s billionaires, reflecting the county’s economic dominance over the other 46 devolved units created eight years ago to address the wealth imbalance, a …
TIME disclosed that the fintech company was chosen for its efforts in recharging retailers after the pandemic slowed travel in Nigeria. Flutterwave is the only African company listed in this …
Cryptocurrency exchange Gemini has partnered with Mastercard and WebBank to launch a crypto rewards credit card for its users. Gemini disclosed on Tuesday that the partnership with Mastercard cardholders earns …
- Business PoliciesEnergyWestern Africa
IFC to provide $20 million debt finance to Nigerian off-grid power firm
The International Finance Corporation (IFC) has announced its plans to provide $20 million to Nigerian off-grid power service providers. According to Daybreak Power Solutions, a subsidiary of Daystar Power Group, …
The Central Bank of Nigeria has added 10 companies to the list of International Money Transfer Operators licensed in the country. This was disclosed on Monday in a report, titled …
The management of The Waterfront Mall in Karen has denied that the property and the 50 acres of land it is sitting on are up for sale. The move comes …
- AfricaNigeriaPress OfficeReal EstateWestern Africa
The State of Real Estate in Nigeria and The Possibilities By Dr. Freeman Osonuga
Every economic and political factor in Nigeria indicates that the Real Estate ecosystem can only expand for both private and public investors. 2019 was an excellent year for Nigeria’s housing …