In a major show of investor confidence, First Bank Holdings Plc (First HoldCo) has announced a 25% oversubscription in its recently concluded rights issue, underscoring strong market appetite for its …
Western Africa
- AfricaBanking, Finance & InvestmentBusinessFinance & ServicesMarketsNigeriaWestern Africa
- Cyber securityDigital EconomyInformation & TechnologyNigeriaTechnologyWestern Africa
NDPC Investigates TikTok, Truecaller Over Alleged Data Privacy Breaches
Abuja — The Nigeria Data Protection Commission (NDPC) has launched investigations into TikTok and Truecaller, following multiple reports of alleged violations of Nigeria’s data privacy laws. According to a statement …
- AfricaBusiness and EconomyEconomyEnergyNigeriaOil & GasWestern Africa
FG Panel Reconvenes Monday Over Naira-for-Crude Oil Controversy
Abuja — The Federal Government’s investigative panel set up to unravel the controversial “naira-for-crude oil” swap deal is expected to reconvene on Monday, March 25, amid growing public concern over …
- AFRICA NEWSAgricultureBusinessEconomyFood ProductionGOVERNMENTManufacturing & Consumer GoodsSecuritySenegalWestern Africa
Senegal’s Rice Revolution: Govt Plans Local Production of 1.4 Million Tonnes in 2025
In a bold move to curb import dependence and achieve food sovereignty, the Senegalese government has unveiled an ambitious plan to produce 1.4 million tonnes of rice locally by 2025, …
- Banking, Finance & InvestmentBusinessBusiness and EconomyEconomyFinance & ServicesManufacturingNigeriaWestern Africa
CBN Reports Sustained Growth in Nigeria’s Economic Activities
The Central Bank of Nigeria (CBN) has reported that Nigeria’s economic activities continued their upward trajectory for the second consecutive month, signalling gradual recovery and renewed optimism among businesses. In …
- AfricaAFRICA NEWSAviationBusinessBusiness and EconomyFinance & ServicesNigeriaWestern Africa
AMCON Moves to Recover Alleged N455bn Debt from Arik Air
The Asset Management Corporation of Nigeria (AMCON) has renewed its battle to recover a staggering N455 billion debt allegedly owed by Arik Air, one of Nigeria’s formerly leading domestic carriers. …
- AfricaAFRICA NEWSAviationBusinessGhanaTravel & TourismWestern Africa
Kotoka Airport’s Terminal 2 Gets New Look as Ghana Repositions for Domestic, International Flights
Ghana is reshaping its aviation landscape as authorities move to repurpose Terminal 2 of the Kotoka International Airport (KIA) to accommodate both domestic and international flight operations. The Ghana Airports …
- AfricaAFRICA NEWSBusiness and EconomyEconomyGhanaGOVERNMENTWestern Africa
Top 5 Profit-Making State-Owned Enterprises in Ghana Revealed
Amid rising concerns about the profitability of state-owned enterprises (SOEs) across Africa, Ghana has spotlighted its top-performing government-backed businesses – and the numbers are eye-catching. According to fresh data, the …
- AfricaAFRICA NEWSBanking, Finance & InvestmentEconomyFinance & ServicesGhanaGOVERNMENTWestern Africa
Ghana’s Finance Minister Meets Banks Over T-Bills, Spending, Debt Exchange Programme
Ghana’s Finance Minister has stepped up engagement with key financial institutions, holding a crucial dialogue with 22 banks to deliberate on the government’s Domestic Debt Exchange Programme (DDEP), Treasury Bills, …
- AfricaAFRICA NEWSEconomyFinance & ServicesGhanaGOVERNMENTWestern Africa
IEA Criticises Ghana’s 2025 Budget Revenue Projections as ‘Unambitious’
The Institute of Economic Affairs (IEA) has taken a swipe at Ghana’s proposed 2025 budget projections, describing the 16.1% revenue-to-GDP target as weak and far from ambitious. In a statement …