Central Bank of Nigeria (CBN), says Nigeria has recorded $2.4 billion in diaspora remittances under the “Naira 4 Dollar Scheme” in 2022. Director of Trade and Exchange Department CBN, Ozoemena Nnaji …
A seven-storey building in Nairobi leased out for nearly a decade to the ruling Jubilee Party was on Monday put up for auction, with the bank targeting raising Sh435 million …
SportPesa has been awarded a license to operate in the current financial year ending June 2023, ending years of regulatory and court battles pitting the firm against the Betting Control …
The demutualisation of the Ghana Stock Exchange (GSE) to make it a Public Limited Company (PLC) is progressing steadily, chairperson of the GSE Council, Mrs Abena Osei-Poku, has said. Among …
The Energy Meter Assemblers and Manufacturers Association is protesting being locked out of the procurement of power distribution products by energy utility firm Kenya Power. The Association in a letter …
Local institutional investors have acquired shares worth Sh9.5 billion in Safaricom following the exit of domestic shareholders and foreigners, reversing the government’s objective of boosting Kenyan retail investors’ stake in …
U.S retail giant Walmart Inc has launched a 6.4 billion rand ($377.6 million) offer to buy the remaining shares of South African retailer, Massmart. They bought the initial 51% in 2011 …
Leading financial services group Absa Bank Kenya reported its financial results for the half year period ended June 2022 with net profit growing by 13 percent to Sh. 6.3 billion …
The Rockefeller Foundation, an American private foundation, and philanthropic medical research and arts funding organization launched a new $5.5 million partnership with e-GUIDE and Atlas AI to encourage climate-resilient infrastructure investment and speed …
Nigeria has entered into a partnership with Israeli and Japanese companies to commence assembling and manufacturing environmentally friendly, green, electric, and smart automobiles by 2023. The National Agency for Science …
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