The Central Bank of Kenya (CBK) has rejected requests to exempt bank staff loans from its new loan pricing system, insisting that all borrowers must operate under the same rules. …
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Business
Brega Petroleum Marketing Company has confirmed that operations at the Ras Al-Mungar depot are proceeding smoothly and at full capacity. On Friday, the tanker Anwar Al-Nasr arrived at the depot’s …
- BusinessCompaniesFinanceProfit ReportsTechnology
Alphabet, Microsoft Boost Tech Giants’ $143B Q2 Profit
The world’s seven largest tech companies—Microsoft, Apple, Alphabet, Amazon, Meta, Nvidia, and Tesla—collectively reported a staggering $143 billion in net profit for the second quarter of 2023, marking a 27.6% …
- BusinessCharityCommunity EngagementCorporate Social Responsibility,HealthcareTechnology
KPMG Ghana Funds Pain-Free Treatment at Korle Bu Hospital
KPMG Ghana, in partnership with its alumni, has organised a fundraising walk in Accra to support the Paediatric Oncology Department of the Korle Bu Teaching Hospital (KBTH). The goal of …
- BusinessEconomyEnergyEnvironmentTechnology
Spiro pushes electric motorcycles into Nigerian market, targets affordable green mobility
Electric mobility firm Spiro has intensified its drive into Nigeria’s motorcycle market, a move seen as a major step for both the country and the global shift toward sustainable transport. …
- BusinessCorporate GovernanceFinanceInsuranceLeadershipNigeriaStock Market
Cornerstone Insurance Reshuffles Board, Appoints Omonkhogbe as Non-Executive Director
Cornerstone Insurance Plc has announced changes to its board of directors, with the exit of Mr. Emeka Anthony Ogbechie and the appointment of Mr. Ejakhaluse Zoe Omonkhogbe as a Non-Executive …
- BankingBusinessEconomyFinanceINVESTMENTRegulation
GTCO Injects ₦365.85bn Into GTBank to Meet CBN Capital Requirement
Guaranty Trust Holding Company Plc (GTCO) has made a huge capital injection of ₦365.85 billion into its main subsidiary, Guaranty Trust Bank Limited (GTBank), in order to meet the Central …
- BusinessInfrastructureINVESTMENTNigeriaTechnologyTelecommunications
T2 Partners Huawei to Rebuild Core Network After Rebrand from 9mobile
T2, the Nigerian telecom operator formerly known as 9mobile, has entered into a multi-million-dollar agreement with Chinese infrastructure giant Huawei to rebuild its core network as part of a new …
- BusinessEconomyEventsMiningSustainabilityTrade
Segilola Resources Reaffirms Ethical Sourcing Commitment
Segilola Resources Operating Limited has reaffirmed its commitment to promoting ethical sourcing in Nigeria’s mining industry following its confirmation as a sponsor of the Gold and Gemstone Conference and Exhibition …
- BusinessEconomyEducationManufacturingPoliciesTrade
Nigeria’s Manufacturing Sector Holds Key to Trade Growth, Experts Say
Nigeria needs to urgently reposition its manufacturing sector if it hopes to compete favourably in global trade and strengthen its non-oil economy. Recent data shows that manufacturing contributed only 9.62 …