News from across Africa covering business, markets, policy and development in North, West, East, Central and Southern Africa.
Consumers could dig deeper into their pockets as the government increases import duty, Importers told The New Times. Import duty is a tax collected on imports and some exports by …
Profit-taking activities recorded in Stanbic IBTC, Vitafoam, Nigerian Exchange (NGX) Group and Honeywell Flour Mills pulled down market indicators at the end of last week’s transactions on the Nigerian Exchange …
Stanbic IBTC Holdings, a member of Standard Bank Group, has reiterated its commitment to equipping Nigerians with digital skills to be competitive in the tech-savvy industry and advance their careers. …
In a move to further reduce cash transactions, stimulate innovation and drive the growth of digital payments in Nigeria, ProvidusBank together with Mastercard, Interswitch and Thales Group has launched a …
Following the partnership between Nigeria’s financial institution-Providus Bank and leading beauty brand, Dabota Cosmetics, top bank executives, celebrities and friends gathered to celebrate the milestone. Held at the bank’s executive …
Africa Energy announces that it has secured a US$5 million credit facility from Africa Oil Corp. (“Africa Oil”), Deepkloof Limited and Lorito Holdings S.à.r.l. (together, the “Lenders”). Jeromie Kufflick, Africa …
The Competition Authority of Kenya (CAK) has punished consumer giant Unilever Kenya for revising payment terms with tens of its suppliers after a probe revealed the firm exploited smaller traders. …
The World Bank’s private investment arm sees huge potential to boost investment in Africa and help support entrepreneurship and digital transformation on the continent, top officials with the International Finance …
Elon Musk appeared to put his future in charge of Twitter on the line, posting a poll asking whether he should step down and vowing to abide by the results. …
Stanbic IBTC Holdings Plc, a member of Standard Bank Group, has expressed its unwavering commitment to improving and supporting Nigerian businesses across all sectors. The organization said this during the …
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