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...
2022
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...
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...
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...
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...
Top 10 hungriest African countries in 2022
The 2022 Global Hunger Index (GHI) is out, and it has left the government fuming....
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...
Ghanaian cedi is world’s worst-performing currency
The Ghanaian currency, Cedi, has become the worst performing currency in the world. Ikeanumba Africa...
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...
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,...