The ship carrying 50,000 metric tons of Dual Purpose Kerosene (DPK) which the Independent Petroleum Marketers Association Nigeria (IPMAN) imported is billed to arrive Lagos today....
Oando Plc has executed a definitive agreement with a vehicle owned by funds advised by Helios Investment Partners LLP, a premier Africa-focused private investment firm, to...
The Central Bank of Nigeria (CBN) said it has observed the growing exposure of banks on payment solutions service providers’ (PSSPs) platform, due to operational failures....
The Minister of Finance, Mrs. Kemi Adeosun, has called on the Central Bank of Nigeria to lower interest rate so that the government can borrow domestically...
Oil halted gains on speculation supply from Nigeria and Libya may rise as conflicts within both OPEC members ease, sustaining a global glut. Futures were little...
Afreximbank Secures $300m The African Export-Import Bank says it has closed its first-ever China/Taiwan specific syndicated loan with a 300 million dollar facility guaranteed by the...
Ghana’s central bank kept its benchmark interest rate unchanged after inflation accelerated in August. The Bank of Ghana held the rate at 26 percent, Governor Abdul...
Stocks rose around the world, buoyed by gains in commodities prices, and the dollar weakened before central bank policy meetings this week. The Stoxx Europe 600...
MTN Scraps Mobile Money Business in South Africa MTN Group (MTNJ.J) has pulled the plug on its local mobile money business, saying it is not viable...
Managing Director/CEO of Sun Trust Bank, Muhammad Jibrin, tells why the new entrant’s game plan is anchored on tectonic shift in banking with emphasis on the...
