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...
No fewer than 400 fresh graduates have benefited from Unity Bank’s entrepreneurship development initiative, also known as Corpreneurship Challenge over the past five years. This reflects the...
Zenith Bank Plc has emerged as the Best Commercial Bank, Nigeria in the World Finance Banking Awards 2024, retaining the award for a fourth consecutive year....
Fidelity Bank PLC has launched a rights issue, offering 10 billion ordinary shares of 50 kobo each at N9.75 per share and an additional 3.2 billion...
Nigerian Deposit Money Banks borrowed N5.38 trillion from the Central Bank of Nigeria (CBN) in the first five days of July 2024. This was a 245...
