West Africa business news from Nigeria, Ghana, Côte d’Ivoire, Senegal and the wider ECOWAS region.
TrustBanc Holdings Limited, the parent company of three regulated financial services companies, said it has successfully closed its series 7 and 8 commercial paper issue for a total amount of …
Shareholders of one of Africa’s largest manufacturing companies, BUA Cement Plc, have approved dividends of N88.047billion for its financial year ended December 31, 2021, at N2:60k per ordinary share of 50k …
Sudo Africa, Nigerian fintech has appointed Farida Kabir as its new Head of Growth. Sudo Africa, which was launched in 2020, provides a card-issuing API to businesses and developers. Founded by Aminu …
The Federal Government of Nigeria will spend N2.7 trillion on fuel subsidy payment in 2023. The Minister of Finance, Budget, and National Planning, Zainab Ahmed, who disclosed this during the …
Debt servicing surpassed Nigeria’s generated revenue in the first quarter of this year, the Ministry of Finance revealed on Thursday. In the fiscal performance report released by the ministry, the …
Phase3 Telecom, an aerial fiber optic network infrastructure provider is partnering with YahClick (powered by Hughes) to offer high-speed, low-latency satellite broadband services. Consequently, satellite broadband services would be available …
The Nigerian Senate, on Wednesday passed the Nigerian Startup bill, 2022 The passage of the bill followed the adoption of a report of the Senate Committee on ICT and Cyber …
The Nigerian Civil Aviation Authority (NCAA), on Wednesday, suspended Dana Airline operations indefinitely over its alleged inability to run safe operations. The move, following an investigation by the apex regulatory …
The National Grid on Wednesday suffered another system collapse resulting in blackout in some parts of the country. The Eko Electricity Distribution Company (EKEDC) confirmed the development in a statement …
Bread makers have said they would commence a four-day warning strike tomorrow, July 21 to protest the unbearable cost of doing business in Nigeria. In a statement on Wednesday, the …
Chat us up