NOVA Merchant Bank Limited has announced the appointment of two independent non-executive directors and one non-executive director. In a statement, the bank said it has promoted about 20 per cent …
News
- AfricaBanking, Finance & InvestmentBusinessNewsNigeriaWestern Africa
- AfricaNewsNigeriaTechnologyTelecommunicationsWestern Africa
SERAP sues Buhari over N5m fine imposed on media houses
SERAP, The Socio-Economic Rights and Accountability Project and the Centre for Journalism Innovation and Development (CJID) has filed a lawsuit against President Muhammadu Buhari for imposing fines on some media houses over …
- AfricaBanking, Finance & InvestmentBusinessINVESTMENTNewsSouth AfricaSouthern Africa
Investec South Africa directors to get £100,000 security cover
Investec, a bank that focuses on high-net-worth individuals in South Africa, will spend as much as £100,000 ($121,520) a year on each of its executive directors’ personal security as crime …
- AfricaBusinessEducationNewsNigeriaTransportation & Logisitics
New University of transportation to begin academic activities in September
The newly established University of Transportation in Daura, Katsina State, Nigeria will commence academic activities in September 2022. The Minister of Transportation, Mu’azu Sambo, disclosed this during an inspection visit …
- AfricaBusinessNewsNigeriaWestern Africa
Investors gain N81bn as Nigeria equity market closes positive
Trading activities at the Nigeria equity market closed on positive posture, as investors raked in N81.01 billion gain on Friday. Similarly, the gain made the market capitalisation to close at …
Morocco’s national unemployment rate edged slightly down by 1.6% at the end of the first half of 2022, according to data from Morocco’s Higher Commission of Planning (HCP). Unemployment currently …
- AfricaBusinessEnergyNewsNigeriaWestern Africa
Beacon power services raises $2.7m to improve electricity access in Africa
Beacon Power Services (BPS), a Nigerian energy-tech company, has announced closing a $2.7 million seed round funding led by Seedstars Africa Ventures. The founder and CEO, Bimbola Adisa, in a …
- AfricaAgricultureAmazonFood ProductionNewsWestern Africa
Ghana Exim Bank Launches raw material development project
The Ghana Exim Bank has launched the raw material development project aimed at addressing raw material shortages among companies it is financing. According to the bank, most of the factories …
- Business and EconomyGlobal NewsNews
Bank of England raises interest rate to 1.75%, biggest hike in 27 years
The Bank of England, on Thursday, raised its interest rates from 1.25 percent to 1.75 percent, the biggest hike in 27 years. According to the central bank of the United Kingdom, the decision …
- AfricaBanking, Finance & InvestmentBusinessFinance & ServicesNewsSouth AfricaSouthern AfricaTrending Today
Capitec’s Bank App outage persists for second day
Capitec South Africa banking app, USSD, and internet banking have been offline since early on Thursday morning. The Bank says it is still working on returning its banking services online …