JP Morgan delists Nigeria from emerging market list, as govt plans another $950m debt
JPMorgan has removed Nigeria from its list of emerging market sovereign recommendations over its fiscal woes. The global financial institution...
Maradona ‘Hand of God’ jersey auctioned for N3.8bn
The jersey worn by Argentine football legend, Diego Maradona, when he scored the famous “Hand of God” goal against England...
Dangote Cement raises N116 billion to refinance debts
Dangote Cement has raised N116 billion from banks and high networth individuals to repay the cement business rising debt, as...
Sanlam announces strategic €2 billion deal with Allianz to combine resources across 29 African countries
One of Africa’s largest insurance services providers, Sanlam, has announced a strategic partnership with Allianz SE, a global leader in...
Aliko Dangote is now the 67th richest person in the world with a net worth of $20.7 billion
Africa’s richest man Aliko Dangote, has emerged as the 67th richest person in the world with an estimated net worth...
FERTILIZER: Nigeria to pay more for Canada’s potash, sanction against Russia bites
Africa’s most populous country has turned to Canada for its potash needs – a key raw material input for fertilizer...
Chelsea Football club Prioritizing Todd Boehly’s Bid Despite Sir Jim Ratcliffe’s Late £4BN Offer
Chelsea are prioritising Todd Boehly’s consortium’s bid for the club despite Sir Jim Ratcliffe making an 11th-hour bid. However, Boehly’s...
Eurobond fails to lift reserves as more borrowing underway
The $1.25bn Eurobond Nigeria issued in March this year failed to shore up the country’s external reserves, which dropped by...
Angola Stock Exchange is finally set for its first IPO 8 years after it was established
After eight whole years since its establishment in 2014, the Angola Stock Exchange is finally set for the first Initial...
Japan overtakes China in fresh Kenya loans race
China has cut fresh financial commitment to Kenya’s development projects by nearly four times in seven years, falling behind Japan...