Sterling Bank PLC has announced it will take a new name after receiving shareholders’ approval to convert from a core banking business to a holding company. The leadership of the Bank …
Vendease, a Y Combinator-backed digital platform that allows restaurants in Africa to buy supplies, access financial services and power their business operations, has raised $30 million in an equity and debt …
Ghana’s Long-Term Local and Foreign Currency Issuer Default Ratings (IDRs) have been lowered by rating agency Fitch from “CCC” to “CC” or further junk status. This is the second time …
The Nigerian National Petroleum Company (NNPC) Limited says six international oil companies (IOCs) will remit N380.04 billion in October as proceeds from the sale of domestic crude oil in July …
The Senate Committee on Federal Capital Territory (FCT) has asked the federal government to tax unoccupied houses in the territory as a way of generating revenue and reducing housing deficit. …
The African Development Bank (AfDB), Islamic Development Bank (IsDB), and the French Development Agency (FDA), have disclosed plans to invest $618 million in the Digital and Creative Enterprises Programme (I-DICE) …
As part of preparations to float the proposed national carrier, Nigeria Air, the Federal Government on Friday announced Ethiopian Airlines as the preferred bidder. Minister of Aviation, Sen. Hadi Sirika, said …
The National Pension Commission (PenCom) on Friday announced that it has approved guidelines for pension contributors in active employment to get a residential mortgage using their retirement savings account (RSA). …
Sovereign debt default is “a real possibility” for Ghana, and any kind of domestic debt restructuring could severely threaten the local banking sector, a senior director from the ratings agency …
The Commonwealth Enterprise & Investment Council (CWEIC), which is the official Commonwealth’s business network, has appointed Nigeria’s Dozy Mmobuosi as a member of its Global Advisor Council. Mmobuosi’s appointment, which was announced by the …
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