Senegal’s international bonds fell sharply on Monday after Moody’s Investors Service downgraded the West African nation’s credit rating, warning that it was becoming less certain the country would be able …
Capital Express Life Assurance Limited has reported a 32.11 per cent increase in its insurance revenue, rising to N7.2 billion at the end of 2024 from N5.45 billion in the …
Stanbic IBTC Holdings Plc has played a major role in the acquisition of CHI Limited by UAC of Nigeria Plc, acting as the mandated lead arranger and delivering a full …
African startups are on track to surpass their total fundraising record from last year, having already secured more than $2.2 billion in 2025, excluding exits. This was revealed in the …
The National Pension Commission (PenCom) has said its ongoing recapitalisation requirement for licensed pension fund operators is a strategic move to strengthen the financial base of the industry and safeguard …
Nigeria’s non-interest capital market has grown to over N1.6 trillion, reflecting rising investor confidence and expanding participation in ethical and non-interest finance, according to the Securities and Exchange Commission (SEC). …
The Securities and Exchange Commission (SEC) has identified Islamic finance as a major driver of investment growth and a vital tool for promoting financial inclusion in Nigeria and across Africa. …
Agricultural small and medium enterprises (SMEs) in Nigeria have received a fresh opportunity to access funding, expand operations, and scale their businesses through a high-level networking event organised by the …
Safaricom’s bold move into Ethiopia has reshaped the country’s telecommunications industry, bringing competition, lower data prices, and faster internet access to millions of new users. However, a new World Bank …
Kenya Power and Lighting Company (KPLC) has reported a sharp 18.7 per cent decline in its net profit for the financial year ended June 2025, falling to KSh 24.47 billion …
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