News
Nigeria: Subsidy Removal – Stabilise Economy Before New Minimum Wage, NECA Tells Govt
The Nigeria Employers’ Consultative Association, NECA, has given the Federal Government a hint on how to make the planned new minimum wage meaningful. ...
Africa
Africa: AfreximBank Launches Insurance Subsidiary to Support Intra-African Trade
The African Export-Import Bank in Accra launched its wholly owned insurance management services subsidiary, AFREXInsure, with a commitment to provide a single-entry point ...
Nigeria
Nigeria: What to know about new Data Protection Bill
The Nigerian Data Protection Bill (NDPB) was officially signed into Law by President Bola Tinubu on Monday, 12 June 2023. This was disclosed ...
Africa
Africa: Afreximbank Expects Up to 20 Countries to Use Pan-African Payment System by Year’s End
As many as 20 countries may be part of a pan-African payment system by the end of the year. African Export-Import Bank (Afreximbank) President Benedict ...
News
South African Company Maltento Secures USD 3.3 M Funding
Maltento, a company dedicated to unlocking the functional compounds of insect-based feed solutions, has recently concluded a capital raise of USD 3.3 M ...
Nigeria
Nigerian Startup Messenger Raises Pre-Seed Funding
Messenger, a one stop logistics platform that finances and aggregates end to end logistics and supply chain operations has raised an undisclosed amount ...
Nigeria
Nigeria: Binance sends cease and desist notice to fraudulent Nigerian entity
Binance CEO Changpeng Zhao has announced that Binance has officially issued a cease and desist notice to the fraudulent entity known as Binance Nigeria Limited. ...
News
Nigeria: CBN confirms 43 banned items policy remains, not eligible for forex in I&E window
The Central Bank has said that the status quo remains on the 43 non-eligible items banned from the forex market introduced under Godwin Emefiele leadership ...
News
Sudan: Central Bank of Sudan Takes Steps to Address Banking Disruptions
The Central Bank of Sudan (CBoS) has implemented measures to tackle the disruptions in banking services caused by the ongoing war. However, expert ...
News
Nigeria: Treasury Bills Rates Crash, Demand Declines
In the secondary, the average yield on Nigerian Treasury bills declined further as investors intensified bill buying, dragging yield lower despite rising headline ...