Eskom Holdings SOC Limited, South Africa’s state-owned electricity giant, has come under scrutiny for giving mixed signals about its legal challenge to the National Energy Regulator of South Africa (Nersa) …
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- BusinessGovernancePoliticsSouth Africa
- BankingBusinessDigital BankingEconomic DevelopmentFinanceGhanaWestern Africa
First Atlantic Bank Expands to Liberia, Boosting West Africa Banking
First Atlantic Bank PLC (FAB) has taken a major step in its regional growth strategy after securing regulatory approval to operate in Liberia. The development marks an important milestone for …
- BankingBusinessEconomyEnergyFinanceInfrastructurePower Sector
Sahara Power Services $438m Loan, Backs Nigeria Power Sector Growth Plans
by Radarr Adminby Radarr AdminSahara Power Group has disclosed that it has so far paid the naira equivalent of $438 million in loan repayments, representing about 73 per cent of its original $600 million …
- BusinessCapital MarketCompaniesFinancial MarketsINVESTMENTNigerian Economy
NASD Market Cap Rises to N2.19tr on Continued Investor Interest
by Radarr Adminby Radarr AdminThe NASD Over-the-Counter (OTC) Securities Exchange sustained its positive momentum, recording gains for the fourth consecutive trading session as investor sentiment remained mildly upbeat in the unlisted securities market. Market …
- BusinessEnergy SectorInfrastructureTechnologyTelecommunicationsUGANDA
UCC Flags Challenges Slowing Uganda’s Mobile Connectivity
by Radarr Adminby Radarr AdminLimited access to electricity is severely hampering Uganda’s telecom sector, leaving hundreds of installed towers idle and costing operators millions of dollars annually, according to a recent report by the …
- Asia-PacificBusinessCommoditiesGlobal MarketsINVESTMENT
Gold Prices Gain in Asia Amid Global Market Caution
Global financial markets opened the new year on a mixed but largely positive note, with investors across Asia turning to safe-haven assets such as gold and silver, while equities in …
- BusinessEconomyEnergyManufacturingOil & GasUncategorized
Dangote Refinery Says Operations Ongoing, PMS Supply Stable
Dangote Petroleum Refinery has firmly dismissed reports claiming that it has shut down operations for maintenance, describing the information as false, misleading, and capable of causing unnecessary panic in the …
- BusinessCapital MarketCorporate FinanceInvestmentsManufacturingNigerian Economy
Champion Breweries Strengthens Finances with 19.5% Bond Issue
Champion Breweries Plc has taken a major step in strengthening its financial position after successfully issuing a five-year fixed rate senior unsecured bond at a coupon rate of 19.50 per …
- BusinessFinancial ServicesInsuranceRegulation
NIA Promises Support for Insurers Under New Insurance Reform Act
by Radarr Adminby Radarr AdminInsurance operators across Nigeria have been urged to put clear plans and practical measures in place to ensure the smooth and successful implementation of the Nigeria Insurance Industry Reform Act …
- BusinessCapital MarketEconomyFinancial ServicesINVESTMENT
NGX Posts Sharp Rise in Share Transactions
by Radarr Adminby Radarr AdminNigerian Exchange (NGX) Limited recorded a strong increase in trading activities last week, as investor participation rose sharply following the resumption of normal market sessions after the festive holidays. The …