African Research and Innovation Hub that was recently launched by African Export-Import Bank is seeking to unlock up to $70 billion annually…
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Niteon launches first African neo-bank designed for African manufacturers to unlock $200bn digital export market
Niteon, Nigeria’s leading digital export marketplace, has launched Niteon Capital, the first neobank designed exclusively for African manufacturers. Unlike traditional banks, Niteon…
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Dangote Group to build a $2.5bn fertiliser plant in Ethiopia, will maintain 60% ownership
Ethiopian Investment Holdings (EIH), the strategic investment arm of the Government of Ethiopia, and Dangote Group have announced the signing of a…
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NGX stock trading began the week in the positive territory as buy interest in DANGCEM, BUAFOODS and BUACEMENT pushed the NGX-ASI up…
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Moody’s has affirmed Ecobank Transnational Incorporated’s (ETI) B3/Not Prime long- and short-term issuer ratings; B3 senior unsecured debt rating; b2 notional Baseline…
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The Nigerian Exchange (NGX) expanded to approximately N77 trillion on Wednesday as equities investors gained about N212 billion as bargain hunting persisted…
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Crude oil prices fall on demand concerns in volatile session as US court blocks Trump tariffs
Crude oil prices fell on Thursday, retreating from earlier gains, after the International Energy Agency’s director warned of weaker demand in China,…
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Afreximbank Group has said it delivered satisfactory financial performance for the first quarter of 2025, meeting expectations with solid profitability, strengthened liquidity…
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Nigerians react to Meta threat, seek establishment of indigenous social media platforms
Some social media users across the country have advocated for the establishment of an indigenous social networking platforms following Meta’s threat to…
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Nigeria and the Federative Republic of Brazil are to review their existing Bilateral Air Services Agreement to allow for the immediate commencement…
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Ecobank Nigeria has reiterated its commitment to supporting the growth and success of small and medium-sized enterprises (SMEs) across the country, affirming…
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PwC shut operations in nine Sub-Saharan African countries last month following a strategic review, the Big Four accounting firm said, in response…
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In the first quarter of 2025, the Central Bank of Nigeria (CBN) sold N5.53 trillion worth of Treasury bills to investors amidst…
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African Export–Import Bank (Afreximbank), a key investor in oil and gas projects, has earmarked $3 billion to finance the purchase of refined…
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The Justice Department has launched an investigation into the reasons for the surge in egg prices, the Wall Street Journal reported citing…