News
Nigeria: Lagos attracts over $1bn in 365 days from data center investment
Lagos State Deputy Governor, Dr Obafemi Hamzat has disclosed that the state has attracted over $1 billion in data centre investment within one ...
News
Nigeria: FG’s deficit spending rises 7% to N593bn — CBN
The Federal Government recorded deficit spending of N593 billion in August this year, representing seven per cent higher than N554.21 billion recorded in ...
News
Nigeria: Reps order CBN to suspend cash withdrawal policy
Angry with the N100,000 weekly cash withdrawal limits recently set by the Central Bank of Nigeria (CBN) and its attendant economic and social ...
News
Zimbabwe: Econet lauded for leading in adopting ESG as part of its business strategy
Econet Wireless Zimbabwe has been hailed as a leader in adopting environmental, social and governance (ESG) issues and integrating them into its business ...
News
Nigeria: N5 trillion worth of Sharia-compliant products to hit capital market by 2025
50 Sharia-compliant products with a market capitalisation of N5 trillion are expected to be listed between now and 2025. This is in line ...
News
Nigeria: CBN warns banks, payment service providers others against discrimination of payment cards
The Central Bank of Nigeria (CBN) has cautioned banks, switching companies, and other relevant parties in the Nigerian payment system against discrimination between ...
Africa
Africa: Nigeria, others recorded $95.6b diaspora remittances in 2021, says AfDB
As Nigeria and other African countries continue to explore alternative sources of revenues to meet developmental challenges, President of the African Development Bank ...
Kenya
Kenya: Ecobank on the spot over Sh4bn fraud suit
Ecobank is on the spot over a Sh4 billion fraud case involving an online payment company that had been linked to an international ...
Ghana
Ghana: BoG doubles down on crypto cautionary stance; leaves door open for product dev’t, future regulatory framework
The Bank of Ghana (BoG) has reiterated its cautionary stance to institutions it licences as well as the wider public on the use ...
Ghana
Ghana: S&P Global downgrades Ghana to ‘CC’ from ‘CCC-plus’ with default a ‘virtual certainty’
A Reuters report has stated that a rating agency, S&P Global has downgraded Ghana’s long-term local currency bonds to “selective default”. According to ...