Nigeria’s fast-growing financial technology company, OPay, has recorded another major milestone after winning two top recognitions at the ninth Tech Innovation Awards. The company was named Fintech Company of the …
Business
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BusinessCyber securityDigital EconomyFintechNigeriaTechnology
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Africa EconomyBusinessFinancial MarketsINVESTMENTTelecommunications
Vodacom Moves to Take Control of Safaricom in $2.1 Billion Deal as Kenya Sells Stake
by Radarr Adminby Radarr AdminSouth Africa’s biggest mobile operator, Vodacom Group, has announced a major step to increase its presence in Africa with a plan to take control of Safaricom, East Africa’s largest telecoms …
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BusinessMarket TrendsRetailSouth AfricaTechnology
Checkers Tops Media Sentiment Ranking Ahead of SA Retail Rivals
by Radarr Adminby Radarr AdminIn the last three months, Checkers has emerged as the South African retailer with the most positive media coverage, beating major competitors such as Spar, Pick n Pay, and Woolworths. …
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BankingBusinessDebt Management,EconomyFinanceGOVERNMENT
AMCON Says It Has Repaid N3.6tn to CBN, Plans Workforce Cut as Debt Recovery Intensifies
The Asset Management Corporation of Nigeria has revealed that it has repaid about N3.6tn to the Central Bank of Nigeria since it was created in 2010 to stabilise the financial …
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The Nigerian Exchange Limited has taken another step to expand Nigeria’s capital market by introducing Commercial Paper listings, a move expected to deepen the country’s short-term debt segment and provide …
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BusinessEconomyFiscal PolicyGovernment PolicyNewsRegulationTaxation
FIRS says new tax laws will boost competitiveness, simplify levies and attract investments
The Federal Inland Revenue Service has said that Nigeria’s newly enacted tax laws are part of a broader plan to strengthen the country’s economic competitiveness, attract more investments and ensure …
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AfricaBusinessClimate ChangeEducationYouth Empowerment
African student innovators compete in Abuja as JA Africa opens 2025 Company of the Year contest
Nigeria and seven other African countries have converged in Abuja for the 15th edition of the Junior Achievement Africa Company of the Year (COY) competition, the continent’s biggest student enterprise …
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BusinessCorporate AffairsEconomyEnergyFinanceINVESTMENTNigeria
Eterna Plc launches N21.52bn rights issue to boost expansion plans
Eterna Plc, one of Nigeria’s leading integrated energy companies, has taken a major step to strengthen its financial position with the launch of a rights issue valued at about N21.52 …
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BankingBusinessEconomyFinanceInflationMonetary Policy
CBN Keeps Interest Rate at 27% as Inflation Slows and Exchange Rate Stabilises
The Central Bank of Nigeria has once again held the Monetary Policy Rate at 27 per cent, marking the fourth time this year that the rate has remained unchanged. The …
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BusinessDevelopmentEconomyEnergyGOVERNMENTOil & Gas
FG Warns Oil Companies to Show Real Commitment or Lose Space in Nigeria’s Energy Sector
The Federal Government has issued a clear warning to international oil companies and other operators in the petroleum sector, saying only those ready to speed up field development and deliver …