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 …
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- AfricaDangote IndustriesNewsNigeriaPoliticsTrending TodayWestern Africa
Dangote and 5 other Nigerians receive the highest civilian honours in Niger Republic
To mark the Independence Day commemorated on August 3, the Republic of Niger on Wednesday honoured six Nigerians: two Presidential aides, two businessmen and two state governors, with their national …
- Eastern AfricaEconomySafaricomTechnology
Safaricom Set To Revamp Corporate Structure to Spur Expansion
Safaricom Plc, the Kenyan mobile-phone company that counts Vodafone Group Plc as its biggest investor, plans to revamp its corporate structure in the next two years to make it easier to expand …
- AfricaAmazonBanking, Finance & InvestmentInformation TechnologyNewsTechnologyWestern Africa
Absa Bank, Amazon sign pact to lead cloud computing transformation
Absa Bank Ghana is working with Amazon Web Services (AWS) to provide cloud computing skills in. The partnership allows Absa to identify an implementing partner in Ghana to train and …
- AfricaBusinessMobile Telecommunications Network (MTN)NigeriaTelecommunicationsWestern Africa
MTN Plans N113.9bn Interim Dividend For Shareholders
MTN Nigeria Communications (MTNN) Plc, in line with its dividend policy, approved an interim dividend of N113.98 billion, representing N5.60 per share to be paid out of distributable net income. …
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Honeywell, Jaiz Bank lead Nigerian capital market’s N364.3bn recovery
The equity capitalization in the Nigerian capital market rose to N27.30 trillion at the close of trading on Tuesday. The figure was N364.3 billion higher than the N26.93 trillion posted …
- AfricaBusinessFinance & ServicesMobile Telecommunications Network (MTN)NigeriaTelecommunicationsWestern Africa
MoMo wallets records N2.4 active wallet, in less than two months
MoMo, MTN’s Payment Service Bank, has recorded 4.2 million wallets with 2.4 million being actively used in less than two months of its launch. The company disclosed this in its financial result …
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Elon Musk keeps selling Tesla shares even without Twitter deal
Investors expect Elon Musk to sell more shares of his electric carmaker Tesla Inc. by the end of 2022, according to the latest MLIV Pulse survey. About 75% of 1,562 …
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Central Bank of Kenya orders Banks to close Flutterwave and Chipper Cash accounts
The Central Bank of Kenya (CBK) has directed banks and microfinance institutions to seize dealing with payments technology firms Flutterwave and Chipper Cash. In a letter to chief executives, the …
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Access Bank gets ISO certification
Access Bank Plc has attained the MSECB Management System Certificate in accordance with the management system requirements in ISO 37301:2021. This feat sees the institution become the first bank to achieve …