Nigeria: AfDB issues $2bn five-year global benchmark bond
The African Development Bank has issued a two billion dollar five-year Global Benchmark bond due March 14, 2028. The continental…
Category: Business
Nigeria: Union Bank promotes tech inclusion among women
Union Bank of Nigeria has reaffirmed its commitment to a just and equitable society by promoting equity, justice, and the…
₦2.9bn illegally transferred from accounts of Nigerian fintech company Flutterwave
Counsel for Nigerian fintech company Flutterwave, Albert Onimole, reported a case of ₦2,949,557,867 illegally transferred from the company’s account to…
Kenya: Foreign investor stock sales ease in February
Net foreign investor sales at the Nairobi Securities Exchange (NSE) eased by more than seven times in February compared to…
Egypt: CBE raises maximum limit of transactions value through InstaPay mobile app
The Central Bank of Egypt (CBE) decided Thursday, March 9, to increase the maximum limits of all transactions conducted through…
Nigeria: Stock market rebounds as investors gain N107bn
The Nigerian Exchange Limited on Wednesday, March 8, rebounded as investors gained N107bn. The market had recorded about N1bn loss…
Nigeria: Investment firm gets ‘BBB’ rating
A technology-driven credit rating agency, Datapro in its latest report issued LandWey Investments Limited a long-term rating of “BBB” with…
Togo secured over CFA 43 billion in Q4 2022
In the last quarter of 2022, the Togolese Approval Committee examined 13 projects and approved 12 of them, for a…
Nigerian Breweries records modest profit growth as revenue jumps 25%
The pace at which the net profit of Nigerian Breweries accelerated in 2022 was considerably weaker than that of its…
Kenya: Carrefour Kenya hires new country manager
Dubai-based Majid Al-Futtaim (MFA), the exclusive holder of Carrefour’s franchise in Kenya, has appointed a new country manager amid its…