COVID-19 Creates Fundamental Shifts in Africa’s Consumers Johannesburg, 26 May 2020 – The COVID-19 pandemic has given rise to a new kind of African consumer who is...
Heritage Bank Resumes Forex Sales to SMEs, to Disburse N100bn Loan Heritage Bank has resumed the sale of foreign exchange to Small and Medium Enterprises and...
Tomato Jos Secured $4.2 Million in Series A Round to Expand Operations Tomato Jos, an agro-processing venture, has secured $4.2 million in a Series A funding...
COVID-19: Emirates Planning to Cut 30,000 Jobs Amid Low Demands The world’s largest long-haul carrier, Emirates Group, is said to be planning to cut at least...
Borrowers Groan as MfBs Demand Loan Repayment Some borrowers from microfinance banks have decried their exemption from loan tenor extension in the banking industry, which some...
Dollar Scarcity Continues to Hurt Naira Value, Exchanges at N450/$ The Nigerian Naira declined further at the parallel market on Wednesday as dollar scarcity continues to...
GTbank Approves N73.577bn Dividend For FY 2019 The board of directors, Guaranty Trust Bank Plc, has approved the sum of N73.577 billion to be paid as...
Declare State of Emergency in the Manufacturing Sector, CEOs Tell FG Chief Executive Officers of manufacturing companies in Nigeria have said the Federal Government needs to...
Importers, Cargo Handlers Fight as Demurrage Hits N2bn Many importers were dumbfounded following the imposition of demurrage on their goods despite knowing that the COVID-19 lockdown...
African Banks Jump on Bonds as Risk Associated With Real Economy Surges Despite measures put in place by Central Banks in some African countries to increase...
