FeatureTelecomNigeria’s telecom attracts foreign investors, mainly ChinaInternational Finance Business DeskOctober 19, 2020 by International Finance Business DeskOctober 19, 2020 The Nigerian government is also stimulating investments through infrastructure programmes... Read more
FeaturedForexNigeria to resume forex sales to the Bureaux de Change operatorsInternational Finance Business DeskOctober 6, 2020 by International Finance Business DeskOctober 6, 2020 The central bank has injected $51.8 million into the foreign exchange market... Read more
FeaturedTelecominq. acquires 100% stake in Vodacom Business Africa’s operationsInternational Finance Business DeskSeptember 25, 2020 by International Finance Business DeskSeptember 25, 2020 It will acquire operations in Nigeria, Cote d’Ivoire and Zambia, with Cameroon pending regulatory approvals... Read more
Banking and FinanceMagazineWhy Nigeria is a haven for money market fundsWebAdminSeptember 21, 2020September 21, 2020 by WebAdminSeptember 21, 2020September 21, 2020 The total asset value of mutual funds climbed to N1.31 trillion in May—pointing to a N270 billion increase... Read more
EconomyFeaturedNigeria’s capital imports nosedive 78.6% to $1.295 bn in Q2International Finance Business DeskSeptember 1, 2020 by International Finance Business DeskSeptember 1, 2020 Its capital imports had dropped $21.32 billion seven years ago to $5.12 billion in 2016 and has merely recovered ever since... Read more
BankingFeaturedThe Access Bank UK sees strong growth in key marketsInternational Finance Business DeskAugust 5, 2020October 13, 2020 by International Finance Business DeskAugust 5, 2020October 13, 2020 The main focus of the bank lies in building and strengthening customer relationships in sub-Saharan Africa, Asia and the Mena region... Read more
MagazineTechnologyThe rise of crypto adoption in AfricaWebAdminJuly 22, 2020August 11, 2020 by WebAdminJuly 22, 2020August 11, 2020 Facebook’s Libra and CBDCs are contributing factors to increase the popularity of cryptocurrency in Africa... Read more
FeaturedPorts and ShippingSamsung seeks to modernise shipbuilding in NigeriaInternational Finance Business DeskJuly 16, 2020July 16, 2020 by International Finance Business DeskJuly 16, 2020July 16, 2020 The company has identified Nigeria and West Africa as emerging markets with growth potential... Read more
FeaturedFinanceNigeria, Kenya, South Africa sees 613 VC deals in 6 yearsInternational Finance Business DeskJuly 13, 2020 by International Finance Business DeskJuly 13, 2020 It is reported that 21 percent of venture capital deals were achieved by African-owned companies established outside the continent... Read more
EconomyFeaturedNigeria anticipated to hit its worst recession in four decades: World BankInternational Finance Business DeskJune 26, 2020June 26, 2020 by International Finance Business DeskJune 26, 2020June 26, 2020 The IMF and the World Bank anticipate the Nigerian economy to slip into recession impacting its lenders at a large scale... Read more