The International Monetary Fund (IMF) has retained projected economic growth of 3.4 percent for Nigeria in 2022. The Washington-based institution disclosed this on Tuesday in its World Economic Outlook (WEO) …
Base Resources, a Titanium miner in Kenya, saw its sales surge 44.7 pc to Ksh 10.8 billion in the fourth quarter ended June 30, 2022. The company says sales rose …
Fitch, the global rating agency, has affirmed Long-Term Issuer Default Ratings (IDR) of 10 Nigerian banks at ‘B’ with a stable outlook. In a fresh report obtained from its website, …
Nigerian equities on Monday opened the week extending its losing streak for the fifth consecutive session as investors’ investment declined by N313 billion. The All Share Index (ASI) decreased by …
Jumia Nigeria has been recognised for its innovation and service delivery at the GAGE Awards. The company was awarded e-commerce website of the year, a category that reflects the best …
Ecobank Transnational Incorporated (ETI) has posted a profit before tax of $261 million for the first half of the year ended June 30, 2022. This was contained in the group’s …
TotalEnergies, a broad energy company that produces and markets energies on a global scale has begun production from the Ikike field in Nigeria, which is expected to deliver peak production …
Access Bank Plc has secured a $280 million funding commitment from the International Development Finance Corporation (DFC) to support small businesses in Nigeria. In a statement on Monday, the public affairs …
The Federal Government of Nigeria has shut down the diving operations of Scorpion Oil Services onboard MV African Installer offshore Lagos, Nigeria, for operating without the requisite approvals and violating …
Starlink, high-speed, low-latency broadband internet in remote and rural locations across the globe, developed by billionaire businessman, Elon Musk, is set to begin operation in Nigeria in August 2022. Musk …
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