News
Nigeria: Yields Uptrend Back Down as CBN Repriced Spot Rates
The yield curve reversed in the secondary market following demand pressures that resulted in lower spot rates on long-dated treasury bills offered for ...
Kenya
Kenya: Kenyan firms hit as Microsoft, Google talent war raises pay
Local companies are struggling to recruit and retain key talent as US tech titans led by Microsoft, Amazon and Google tilt the market ...
News
Nigeria: Business Treepz Launches as Treepz Celebrates its 3rd Anniversary
Africa’s leading shared-mobility startup, Treepz, is set to launch Business Treepz, a new service aimed at providing staff bus solutions and bus rental ...
News
Nigeria: MTN Nigeria and Ericsson Launch 5G Services
Ericsson and MTN Nigeria have reached a historic milestone with the successful launch of 5G services. This landmark deal is the result of ...
Kenya
Kenya: Court stops tenfold rise in NSSF deductions to Sh2,000
The High Court has stopped the bid to increase monthly contributions to the National Social Security Fund (NSFF) ten-fold up to Sh2,068 after ...
Africa
Africa: Nigeria, Egypt, South Africa control over 50% of Africa’s total private wealth – Report
The Africa Wealth Report 2022 has shown that three countries control more than half of the continent’s total wealth, with South Africa leading ...
Angola
Angola: Perception TVCDN Ltd to launch a new, free mobile TV service in Angola in partnership with Africell
Perception TVCDN have signed a deal with Africell to launch a new free TV service in Angola, monetised with data revenues. The service ...
News
Nigeria: Fitch Upgrades FirstBank to ‘B’; Outlook Stable; Emphasises Growth indices including Improved Capitalisation and Asset Quality
Fitch Ratings has upgraded FBN Holdings Plc’s (FBNH) and First Bank of Nigeria Ltd’s (FBN) Long-Term Issuer Default Ratings (IDRs) to ‘B’ from ...
Kenya
Kenya: CBK directs all unregulated Digital Lenders to Cease Operations
The Central Bank of Kenya (CBK) announces that the transition period for all operating unregulated Digital Credit Providers (DCPs) to apply to CBK ...
Africa
UBA records strong double-digit growth in top & bottom lines
Africa’s Global Bank, United Bank for Africa (UBA) Plc, has announced its audited financial results for the half-year ended June 30, 2022 – ...