Guaranty Trust Holding Company Plc (GTCO) has announced a new offering of 9,000,000,000 ordinary shares of 50 kobo each. This strategic move aims to recapitalize its...
Nigerian banks have significantly increased their support for the private sector with loans and other forms of credit to the tune of N375.78 trillion in the...
The Central Bank of Nigeria (CBN) has excluded Bureau De Change (BDC) operators from its latest allocation of $122.67 million in forex sales. This decision, announced...
Aisha Hassan-Baba, an Independent Non-Executive Director of the United Bank for Africa Plc (UBA), has invested NGN30.63 million in the purchase of shares. According to a...
The Central Bank of Nigeria (CBN) has announced plans to double diaspora remittance flows to $39 billion by 2025. CBN Governor Olayemi Cardoso unveiled this plan...
Ghana’s economic recovery faces significant hurdles as the nation grapples with a $2.2 billion dispute over arrears with its electricity suppliers. Despite recent progress in restructuring...
The Angolan government has announced plans to sell a minority stake in Standard Bank de Angola SA, previously controlled by a former insurance magnate currently serving...
Nigeria is poised to see its capital inflows reach a five-year high, according to a recent report by Afrinvest (West Africa) Limited. This notable growth reflects...
Pension funds have invested a record N1 trillion in the real estate sector in 2023. According to Oguche Agudah, CEO of the Pension Fund Operators Association...
Saudi Arabia has subtly cautioned the Group of Seven (G-7) nations against seizing nearly $300 billion of Russia’s frozen assets, sources familiar with the discussions have...
