Finance and financial services news from Africa: banks, insurers, payments, capital markets and regulators.
The Ministry of Mines and Steel Development has urged artisanal miners to expand their frontiers by registering with cooperative societies. This according to the Minister of Mines and Steel Development, …
The Director General of Standards Organization of Nigeria (SON), Mallam Farouk Salim, has called for collaboration between stakeholders in industrial and manufacturing business to collaborate with SON to reduce the …
Nigeria’s economy grew by 2.25 per cent in real terms in the third quarter of 2022, the national bureau of statistics has said. The gross domestic product, which measures the …
A global smart home appliance brand, Syinix Electronics, has announced the launch of its entry point appliance, Syinix Swallow Maker. The Syinix Swallow Maker is aimed at helping in the …
The Board of Directors of Stanbic IBTC Holdings Plc has announced the appointment of Mr. Babatunde Omotowa, as an independent non-executive director, following the receipt of all required regulatory approvals. …
Heineken-backed Nigerian Breweries PLC will issue one new extra share to its shareholders for every four held by them, according to a regulatory filing seen by PREMIUM TIMES, its first bonus issue in …
The House of Representatives Committee on Public Procurement has decried the poor allocation to the Bureau of Public Procurement(BPE) for monitoring and surveillance of projects in the 2022 budget. The committee …
Following their weak corporate earnings, investors have shunned listed companies on the Nigerian Exchange Limited’s Alternative Securities Market Board. A total of four companies comprising Capital Oil Plc, Rak Unity …
Eskom’s general executive for generation, Rhulani Mathebula, has resigned from his position and will leave the utility at the end of November 2022. Eskom chief operating officer Jan Oberholzer announced …
The Nigerian Economic Summit Group has said that the Federal Government must grow Nigeria’s gross domestic product to $4.5tn to $9tn in the next 28 years. Speaking at the 28th …
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