In a significant stride toward reshaping Africa’s automotive landscape, Nigerian mobility-fintech startup Shekel Mobility has successfully secured $7 million in seed funding. The funding, consisting of...
Ethiopian Airlines has made history by securing the largest-ever purchase of Boeing airplanes on the African continent. The airline has inked a deal for 11 Boeing...
The Central Bank of Nigeria (CBN) has announced its decision to extend the validity of the old N200, N500, and N1,000 notes indefinitely. The apex bank...
The Nigerian National Petroleum Company Limited (NNPC) has announced that the $2.8 billion Ajaokuta–Kaduna–Kano (AKK) gas pipeline project, under construction by Oilserve Limited, is set to...
Union Bank of Nigeria has announced a revision in the stake acquisition price for minority shareholders, increasing it from N7 per unit to N7.70. The disclosure...
Airtel Africa Plc has declared its intention to pay an interim dividend for the half-year period ending September 2023. The telecommunication giant, listed on both the...
The Nigeria Customs Service, Seme Area Command, has announced the facilitation of N8 billion worth of export cargoes from September till date. Timi Bomordi, the Customs...
Blockchain.com, a prominent player in the cryptocurrency exchange and wallet services sector, has successfully closed a $110 million funding round, spearheaded by UK-based Kingsway Capital. This...
Capital inflow into the cryptocurrency space surged to over a year high as both retail and institution investors increased their holdings and investments in key coins,...
Global markets experienced a surge as unexpected slowdowns in both U.S. and UK inflation fueled speculation that central banks may halt their aggressive interest rate hikes....