Western Africa

Nigeria’s electricity supply crisis could worsen from tomorrow as the organised labour has directed workers in the power sector to down tools and commence an indefinite strike over pending labour …

The Bank of Industry (BoI) Nigeria has completed a landmark €1 billion Guaranteed Senior Loan Facility to further enhance its capacity to deliver on its mandate. According to the bank, …

The Nigeria Inter-Bank Settlement Systems (NIBSS) has said that transactions done on the Point of Sales (PoS) terminals across Nigeria rose by N1.05 trillion from N3.56 trillion in the first seven …

The Naira on Monday depreciated against the dollar at the Investors and Exporters window, exchanging at N430. The figure represented a decrease of 0.09 per cent compared with the N429.62 …

Pastel, a Nigerian bookkeeping and digital platform for merchants, on Monday secured a $5.5M seed fund. The seed round was led by pan-African venture capital firm TLcom Capital and included …

Nigeria’s inflation rate in the month of July 2022 rose to a 17-year high of 19.64%. This compares to 18.6% recorded in the previous month of June 2022. The latest …

The Bank of Ghana has assured that its quest to implement the digital currency, also known as the e-cedi, will not disrupt or collapse the mobile money (MoMo) system. According …

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) at the weekend inaugurated a 12-member Flare Gas Commercialisation Programme Team with responsibility to drive the process and coordinate the Flare Gas Commercialisation Programme …

The Securities and Exchange Commission (SEC) has approved the Nigerian Exchange Limited (NGX)’s guidelines on Trade Execution via the exchange’s On-Manual Negotiated Deal Window for fixed income (FI) securities. The FI …

The Nigerian Labour Congress (NLC) has asked the federal government of Nigeria to raise taxes across the board for the ‘rich’ and ensure that governors above 50 years resign.  The …