West Africa business news from Nigeria, Ghana, Côte d’Ivoire, Senegal and the wider ECOWAS region.
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 …
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 …
Investors have reduced their patronage of Federal Government of Nigeria Savings Bonds by 27 per cent following the 13 basis points, bpts, cut in interest rate by the Debt Management …
Abbey Mortgage Bank grew its gross earnings for the year ended December 31, 2021 by 142 per cent at N3.68 billion compared to N1.52 billion in the previous year. Chairman …
Cornerstone Insurance Plc has announced a dividend payment of 5 kobo per ordinary share of 50 kobo for the financial year ended December 31, 2021. According to the firm, dividend …
Zenith Bank Plc has been ranked as the Number One Bank in Nigeria with $2.75 billion Tier-1 Capital for the 13th year in a row. The ranking, which was published in …
African Alliance Insurance Plc has revived its policyholder businesses and compensated N4.08 billion losses in the first half of the year, the Managing Director/Chief Executive Officer, Joyce Ojemudia has said. …
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