Kisumu, A local steel manufacturer, Jumbo Steel Mill, has invested Sh2 billion in a new mattress and polyvinyl chloride (PVC) water tank factory in Kisumu. The plant which sits on …
Banking, Finance & Investment
- BusinessINVESTMENTSouth Africa
- AfricaBanking, Finance & InvestmentEducationWestern Africa
Standard Bank focuses on growing Africa’s education sector
Developing and investing in the Africa’s education sector is more crucial than ever. Strengthening Africa’s educational system to facilitate participation of young people in the development of African countries has …
- Banking, Finance & InvestmentEastern AfricaKenyaWestern Africa
Central Bank of Kenya denies dollar shortage
The Central Bank of Kenya Governor Dr. Patrick Njoroge has said there is sufficient foreign currency to meet demand, brushing off manufacturers who warned a shortage of dollars affects their …
Union Bank of Nigeria Plc to Titan Trust Bank Limited, after the consummation this week of a share sale and purchase deal, handing 93.4 per cent stake held by a group …
- Banking, Finance & InvestmentWestern Africa
FCMB partners with PresspayNg to provide education for 1.5 million undergraduates
To develop a digital platform for young Nigerians to fund their tertiary education fees through target savings, scholarships, loans and crowdfunding, FCMB has partnered with PressPayNg The goal of the …
- Banking, Finance & InvestmentUncategorizedWestern AfricaZenith Bank
Police Seals Zenith Bank Branches In Owerri Imo
All the branches of Zenith Bank in Owerri in Imo State have been sealed by policemen, following a court judgment against the bank. The development which rendered staff members and …
- Banking, Finance & InvestmentEconomyINVESTMENTWestern Africa
IMF predicts; Nigerian will spend 100% of revenue servicing debt by 2026
The IMF (International Monetary Funds) has warned that debt servicing may gulp 100 per cent of the Federal Government’s revenue by 2026 if the government fails to implement adequate measures …
According to Karpowership, the world’s biggest supplier of floating gas-fired power plants, some South African government agencies have proved difficult to walk with, stalling its projects, creating an inconducive and …
- Banking, Finance & InvestmentSouth Africa
Standard bank reports dormant account, Undergoes investigation
On Tuesday morning, during the 2022 annual general meeting (AGM), Standard bank told shareholders that it was giving the issue of ghost accounts the seriousness it deserves. Standard Bank has reported …
The top five Nigerian banks by market capitalization FUGAZ (FBN Holdings, UBA Plc, Guaranty Trust Bank, Access Bank and Zenith Bank) paid N8 billion as an information technology tax in …