AfDB, FCMB sign $50m agreement to boost finance for SMEs, Women-Empowered Businesses
The African Development Bank (AfDB) has signed a $50 million Line of Credit Agreement with Nigeria’s First City Monument Bank...
Nigeria generates N4.2 trillion, achieving 64% of its revenue target while oil revenue performs at 27%
The Federal government of Nigeria generated N4.2 trillion in August 2022. The Nigerian federal government has announced that it achieved...
UK PM Liz Truss resigns after just 6 weeks, rejected by financial markets and her own party
UK Prime Minister Liz Truss resigned on Thursday just over six weeks after she took on the role, making her...
Again, Nigeria refineries process zero crude, spend N4.9bn on personal, car loans for staff
Nigeria’s three refineries in one year handed out to staff N4.93 billion in personal and car loans without interest in...
Uganda and Rwanda are set to overtake Kenya in the number of indigenous dollar millionaires
Uganda and Kenya are projected to have more dollar millionaires over the next decade. A report by New World Wealth...
Top 10 hungriest African countries in 2022
The 2022 Global Hunger Index (GHI) is out, and it has left the government fuming. The recently-released report was prepared...
Dangote wants dealers in foreign textile materials jailed, law banning sale of imported fabrics
Business magnate and President of Dangote Group, Aliko Dangote has advocated for jail terms for dealers in foreign textile materials...
Ghanaian cedi is world’s worst-performing currency
The Ghanaian currency, Cedi, has become the worst performing currency in the world. Ikeanumba Africa magazine gathered that the cedi...
Top 5 richest men in Africa in October 2022, their global ranking, and profit, and loss margins
Dangote is the richest man in Africa, and the only African on the list not below the 200th position. The...
5 interesting facts about the 3,000 seater building paid for by Nigeria’s third-richest man, Abdul Samad Rabiu
Abdulsamad Rabiu is the founder of BUA Group, a Nigerian conglomerate active in cement production, sugar refining and real estate....