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World Bank says Zambian economy on recovery path, to grow by 4% in 2017
The World Bank is predicting a rise in copper prices and improvement in power supply.
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Shoprite, PEP owner cancel merger talks as parties fail to agree terms
The companies said in a joint statement that shareholders failed to reach an agreement on the share-exchange ratio for the ...
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NSE’s All Share Index falls by 0.69 per cent
On a year-to-date basis, the index has lost 6.36 per cent of its value.
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Guinness Nigeria refutes claims of indebtedness to Pharma-Deko
Guinness Nigeria has assured its employees, customers and shareholders that it is capable of meeting its financial and other ...
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Retail banking most susceptible to fintech disruption in Nigeria – PwC
Respondents to the PwC survey said fintechs provide numerous opportunities for financial services incumbents to improve their ...
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ZACR wins legal right to launch dotAfrica domain
ZACR has announced the tentative date of July 4 for the release of the dotAfrica domain name to the public.
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CBN disburses $2.83 billion to manufacturing, agriculture, other sectors
The CBN said its FX utilization figures indicate that critical sectors received $1.839 billion and $989 million in December and ...
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TerraPay partners Paga to launch remittance service to Nigeria
Following the launch in Spain, TerraPay said its Nigeria cross-border remittance service will be rolled out in other European ...
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AfDB invests $28.2 million in Shelter Afrique to expand access to housing
AfDB said its financing will put Shelter Afrique in a stronger financial position to support more housing development projects ...
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GT Bank appoints Jubril Mobolaji Lawal as Executive Director
Prior to his appointment, Lawal was a General Manager and Head of GT Bank’s Digital Banking Division.
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India's demonetisation is currency theft – Prof Hanke
Hanke said demonetisation has resulted in negative confidence shock in the economy.
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Ghana’s inflation rate falls to 13.3 per cent
Ghana Statistical Service said the inflation rate for January is the lowest rate since December 2013.
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Food prices push Nigeria’s inflation to 18.72 per cent
Food inflation rose to 17.82 per cent in January as against 17.39 per cent recorded in December owing to increases in prices of ...
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Jumia partners Estée Lauder Companies to launch three brands in Nigeria
The three Estée Lauder brands to be launched in Nigeria are Estée Lauder, the company’s flagship cosmetics, ...
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MasterCard’s commits to empower 150,000 small businesses in Kenya
MasterCard said it will provide 150,000 Kenyan MSMEs access to Masterpass QR digital payment solution.
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CBN says less than 1% of naira notes in circulation is fake
The CBN has dismissed allegations that up to 20 per cent of the naira notes in circulation are counterfeit.
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Nigeria loses $100 billion to militant attacks on oil facilities
Kachikwu said Nigeria's crude oil output fell by one million barrels per day to 1.2 million bpd at the peak of the attacks.
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Shell provides $1 billion financing for development of Niger Delta
The fund would be used for the provision of portable drinking water, health impact assessments and remediation technologies for ...
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IFC invests $2 million in French West African mortgage refinancing firm
The WAEMU zone faces a housing shortage estimated at 3.5 million units.
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European Petrochemical and Refining Congress holds in May
The Hamburg conference will showcase state-of-the-art petroleum refining technologies and innovations.
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Nigeria’s forex reserves increase by 11% to N28.7 billion
The forex reserves depleted by 11.1% or $3.2 billion in 2016.
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