The World Bank has agreed to finance the construction of the Mphanda Nkuwa hydropower plant in Mozambique. The massive project is valued at US$6.4 billion (about 406.4 billion meticais) and …
Banking, Finance & Investment
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AFRICA NEWSEconomyEnergyEnvironmentInfrastructureINVESTMENT
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Banking, Finance & InvestmentDevelopmentEducationFinance & ServicesNigeria
Polaris Bank Empowers Over 3,000 Youths at 2025 Maracana Children’s Fest in Ajegunle
Polaris Bank has reaffirmed its commitment to youth empowerment and social inclusion by supporting the 2025 Maracana Children’s Fest, a grassroots event that impacted over 3,000 young Nigerians in Ajegunle, …
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EconomyInfrastructureINVESTMENTNigeriaReal Estate
Luxury Real Estate Booms in Lagos as Market Hits N3.2tn Value, Investors Eye 5.5% Yearly Yields
The luxury real estate market in Lagos State is fast becoming a top destination for investors, as the latest State of Lagos Housing Market Report (Vol. 3) reveals average rental …
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BusinessEconomyFinance & ServicesInfrastructureINVESTMENTMarkets
Craneburg EKSG Motorway Company Lists N32.5bn 20-Year Infrastructure Bond
Craneburg EKSG Motorway Company Plc has officially listed its N32.5 billion, 20-year, 22 per cent senior guaranteed fixed-rate infrastructure bond on the Nigerian Exchange Limited (NGX). The bond was admitted …
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BusinessEconomyEnergyInfrastructureINVESTMENTTrade and Commerce
UK Businesses Eye Nigeria, Africa for Strategic Growth Amid Mineral Wealth, Reforms
British businesses are showing growing interest in Nigeria and other African countries as the continent becomes a key target for international investments. This development is driven by Africa’s vast mineral …
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Banking, Finance & InvestmentBusinessEconomyFinance & ServicesNigeria
Union Bank Promotes 24% of Staff in Largest Promotion Exercise in a Decade
Union Bank of Nigeria Plc has promoted about 24 percent of its workforce following the conclusion of its annual staff assessment and performance evaluation exercise. The bank made this known …
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Banking, Finance & InvestmentEconomyEvents
BoG Governor Urges Ghanaians to Use Cedi, Reject Dollar Payments
The Governor of the Bank of Ghana (BoG), Dr. Johnson Pandit Asiama, has called on all Ghanaians to support efforts aimed at protecting the cedi, Ghana’s only legal currency. He …
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Banking, Finance & InvestmentBusinessEconomyFinance & ServicesGOVERNMENTNigeriaZenith Bank
Zenith Bank Named Nigeria’s Best Bank at Euromoney Awards 2025
Zenith Bank Plc has been named Nigeria’s Best Bank for 2025 by the prestigious Euromoney Awards for Excellence. The award was presented to the bank at The Peninsula Hotel in …
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Banking, Finance & InvestmentEconomyFinance & ServicesGOVERNMENTINVESTMENTMarkets
Nigerian Stock Market Hits Historic Highs with 136% Gain Under Tinubu Presidency
The Nigerian stock market is experiencing its most remarkable growth since the country’s return to democracy in 1999, recording a 136% gain in the All-Share Index (ASI) under President Bola …
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Banking, Finance & InvestmentBusinessEconomyGOVERNMENTMarkets
First HoldCo Plc Slams Over Misleading Reports
First HoldCo Plc has criticised recent reports by Arise TV and ThisDay Newspaper over the company’s recent high-value block trade on the Nigerian Exchange Limited (NGX). The financial services group …