Western Africa

The central bank of Ghana has raised its main interest rate by 200 basis points to 19% to control inflationary pressures and promote macroeconomic stability, Ernest Addison governor of the …

Veritasi Homes Completes ITUNU Residential Initial Property Listing on Squareroof Squareroof, a digital real estate brokerage marketplace, has partnered with real estate company, Veritasi Homes to launch “ITUNU.” The company …

The Nigerian government has introduced a new tax on phone calls to fund the provision of healthcare to vulnerable Nigerians who cannot afford the cost of medical care. President Muhammed …

The U.S. government has announced the extradition of a Nigerian, Chibundu Anuebunwa, a suspect accused of a multi-million dollar business email compromise scam. Mr Anuebunwa was extradited from the United …

Nigeria’s leading telecommunication companies lost over 17,000 subscribers between June 2021 and February 2022, data published on the Nigerian Communication Commission (NCC) website has shown. Details of data from the …

The company says it has produced 100 prototypes to get feedback from users in Nigeria. Innoson Vehicle Manufacturing Comapany (IVM) says it is diversifying into the production of tricycles, in …

 Seplat Energy Plc has announced the appointment of Basil Omiyi as its new independent non-executive chairman. Mr. Basil Omiyi replaces A.B.C Orjiakor whose tenure ended Wednesday. According to a notice …

French oil major TotalEnergies has launched a sale of its minority stake in a Nigerian oil joint venture. A document tendering for interest showed that the oil firm appointed Canada’s …

MoMo Payment Service Bank (PSB), the fintech subsidiary of MTN Nigeria Plc has commenced commercial operations in Nigeria. The telecom giant notified its shareholders and the investing public of the …

There are palpable fears of job loss in the financial sector as banks move to contain rising high operating costs.In the first quarter of the year, the cost of diesel …