Nigerians made $274.6 billion worth of e-payments in the first 4 months of 2022
Between January and April 2022, Nigerians performed N114.8 trillion ($274.6 billion) worth of electronic transactions....
Investment
FALL OF THE GHANAIN CEDI AND WAY FORWARD
Is the Ghanaian Cedi on a free-fall? Some seems to think so. According Bloomberg, the...
TotalEnergies is selling off its 10% stake in 13 Nigerian onshore oilfields
It’s been confirmed that TotalEnergies SE is now among the top international oil companies divesting...
Weak Naira, rising food prices drag Nigeria’s inflation rate for April to 16.82%
Inflation in April 2022 increased to an 8-month high of 16.82 per cent amid rising...
Nigerian billionaire and Chairman of Zinox Group, Leo Stan Ekeh, might be planning a takeover bid for Jumia.
A source with insider knowledge of the situation told Nairametrics, a Lagos-based business publication, that...
Zimbabwe has suspended banks from lending money to private companies and government agencies
On Saturday, the President of Zimbabwe, Emmerson Mnangagwa, issued an executive order that banks should...
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...
Maradona ‘Hand of God’ jersey auctioned for N3.8bn
The jersey worn by Argentine football legend, Diego Maradona, when he scored the famous “Hand...
Dangote Cement raises N116 billion to refinance debts
Dangote Cement has raised N116 billion from banks and high networth individuals to repay the...
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...