Flutterwave, Africa’s leading payments technology company, today announced that over 1,000,000 merchants can now accept eNaira payments from their customers on their platform. This follows the 3.0 product announcement event …
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- AfricaAFRICA NEWSBusinessFinance & ServicesNewsNigeriaWestern Africa
US blockchain financing startup PowerDFI acquires Naijacrypto
PowerDFI, a recently founded Wyoming-based Blockchain financial startup, has acquired Naijacrypto, a Nigerian-owned cryptocurrency exchange focused initially on the African markets. Naijacrypto, which recently expanded its offering to include multiple …
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Twitter shareholders vote in favour of Musk’s $44bn offer
Twitter shareholders approved billionaire Elon Musk’s proposed $44 billion buyout, paving the way for a trial next month to determine the deal’s fate. A majority of Twitter shareholders voted in …
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France’s Canal+ doubles stake in MultiChoice in a year
Canal+, a unit of France’s $9.7 billion Vivendi SE, has been speeding up its acquisition of shares in South African television and entertainment company MultiChoice Group, with its stake having …
- AfricaAFRICA NEWSBanking, Finance & InvestmentBusinessGhanaNewsNigeriaSpotlightWestern Africa
Jeremy Awori to succeed Ade Ayeyemi as Ecobank Group CEO
Ecobank Transnational Incorporated (ETI), the parent company of the Ecobank Group, has announced that a new Chief Executive Officer, Jeremy Awori will succeed Ade Ayeyemi upon his retirement at age …
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Nigerian government grants cashew processors five-year tax relief
Nigerian companies involved in cashew processing will enjoy income-tax-free for three years which can be extended to five years. This move is part of the government’s efforts to diversify the …
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Ice pellets destroy over 300 farms in Katsina State
A heavy downpour accompanied by ice pellets in Kafur Local Government Area in Katsina State has destroyed more than 300 farms in eight communities in the area. The Chairman of …
- AfricaAFRICA NEWSBanking, Finance & InvestmentBusinessEconomyNewsSouth AfricaSouthern Africa
AFDB appoints Nomfundo Xenia Ngwenya as the new executive director for South Africa, Eswatini, and Lesotho.
The African Development Bank(AFDB) has named five women including South Africa’s Nomfundo Xenia Ngwenya as executive directors for a three-year term. In total, 12 executive directors were appointed, according to …
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Sterling Homes CEO, Dr. Kunle Adeyemi Wins International Award of Excellence
Dr. Kunle Adeyemi, The CEO of Nigeria’s foremost real estate company, Sterling Homes has been honoured with an award of excellence by the National Association of Yoruba descendants in North …
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Lagos Free Zone N25bn infrastructure bond launches on Nigerian exchange
The Lagos Free Zone (LFZ) N25 billion series 2 bonds, which is Nigeria’s first 20-year corporate infrastructure bond, have been launched on the Nigerian Exchange Limited (NGX) market. LFZ is the infrastructure development …