Africa

The naira fell to N620 per dollar yesterday at the parallel market amid the lingering scarcity of the greenback. The figure represents a depreciation of N5 or 0.8 percent from …

Nigeria’s Bank of Industry (BOI) and telecoms company, MTN, have announced a business initiative that will train female entrepreneurs and provide them with loans and grants. The effort, through MTN’s Y’ellopreneur, …

SendSprint, a Fintech company based in the UK with operations within the US and Nigeria, has launched with a feature set to give it an edge over its competitors- a …

The Debt Management Office (DMO) said the Federal Government’s debt mix aligns with the Debt Management Strategy 2020-2023 The organisation also claimed the government’s recourse to external debt is aimed …

A leading global Oil & Gas refining company, Maire Tecnimont Group has pledged to support Nigeria both in unlocking greater values by processing its natural resources and in developing circular economy …

The Central Bank of Nigeria (CBN) through its Standing Lending Facility in two months, lent to commercial banks a total of N595.34 billion. The figure is captured in its recently …

Aliko Dangote, Chairman of Aliko Dangote Group is now the 63rd richest billionaire in the world, according to the latest ranking by Bloomberg. Chief Executive Officer of Tesla, Elon Musk, …

African Development Bank (AfDB) has been named the most transparent organisation in the world by Publish What You Fund, the global campaign for aid and development transparency. Released yesterday with …

Med-Direct Africa, a retail pharmacy in Nigeria has introduced its e-pharmacy services aimed at reducing the price of quality drugs in Nigeria. With the introduction of the e-pharmacy, Med-Direct Africa …

Sterling Bank Plc has won the Best Participating Financial Institution under the National Farmer of the Year 2021 Award of the Agricultural Credit Guarantee Scheme Fund (ACGSF) of the Central …