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Features2 months ago

Safaricom post-IPO investor wealth rises to Sh1.3trn peak

The Safaricom stock hit a historic peak recently, closing at a high of Sh32.80 per share on Friday, thereby swelling...

News2 months ago

Absa lending capacity boosted with $497m guarantee

One of the largest diversified financial service providers in Africa, Absa Group has announced that its lending capacity will increase...

News2 months ago

$33m German bank cash to support 10,000 SMEs

The African Guarantee Fund (AGF) recently said the additional $33 million financing from German lender KfW Development Bank it received...

News2 months ago

Dangote Targets $30bn in Revenue in Two Years

Founder and President of Dangote Group, Aliko Dangote, has projected a turnover of $30 billion for his businesses in the...

Features2 months ago

Rolls-Royce announces highest annual sales of 5,152 cars in 2019

Rolls-Royce Motor Cars has achieved the highest annual sales in 2019 with a global performance unequalled in the company’s 116-year...

Top CFO3 months ago

Paga names Cleverly as new Group CFO

Nigerian mobile money company, Paga, has announced the appointment of Ian Cleverly as its new Group Chief Financial Officer. Cleverly...

News3 months ago

‘e-Cashier Processing 140 Billion Transactions’, Says Owolabi

Indigenous digital payment service provider, Xpress Payment Solutions Limited, revealed that it has processed transactions in excess of N140 billion...

Features3 months ago

Hyundai plans to invest $87 billion into producing 44 new electric vehicles

Hyundai Motor Group is set to invest $87 billion in the production of electric vehicles and autonomous driving. This was...

Features3 months ago

Completed e-payment transactions hit N203 trillion in 6 Months , says CBN

Electronic payment (e-payment) transactions worth N203.35 trillion were carried out by banks between January and June 2019, Central Bank of...

Features3 months ago

NNPC Announces N13.23bn Surplus for October

The Nigerian National Petroleum Corporation (NNPC) announced a trading surplus of N13.23billion in October 2019. This represented an increase of...