PARALLEX BANK LAUNCHES LAUNCHES NEW INNOVATION, RELEASES UPDATED MOBILE APP

Parallex Bank has released an updated mobile banking app called Parallex Mobile App 2.0. Dr Olufemi Bakre, Managing Director of Parallex Bank, said in...

OLAM TEMPORARILY HALTS MASS PURCHASE OF GRAINS OVER SOARING PRICES

Amidst surging prices and supply chain disruptions affecting essential grains in Nigeria, Olam Agri's Nigerian subsidiary announced a temporary halt in the procurement of...

LUNO SECURES CUSTOMERS’ INVESTMENT, ROLLS OUT NEW PROOF OF RESERVE

Luno, the leading cryptocurrency investment software, unveils a new feature to safeguard customers' investments and enhance transparency, according to its report released on 14th...

JOHANN RUPERT, SOUTH AFRICA’S RICHEST MAN, NET WORTH SOARS AMID RICHEMONT SHARES SURGE

The richest person in South Africa, Johann Rupert, has seen an incredible increase in his net worth, rising by $2.2 billion in less than...

NIGERIA’S EQUITY MARKET RECORDS N329 BILLION GAIN

The Nigerian exchange continued to trade positively for the second day in a row, gaining N329 billion. The All-Share Index and market capitalisation increased...

HIGH INFLATION RATE HITS JUMIA, AS ORDERS DECREASE BY SIX MILLION IN 2023

Jumia, the leading e-commerce platform in Africa, has disclosed its financial reports for last year approved by the CEO, Francis Dufay. The report unveils...

CISCO TO REDUCE WORKFORCE BY 5% AMID REVENUE DECLINE

The well-known manufacturer of network equipment, Cisco, has announced plans to fire more than 4,000 workers, or 5% of its 85,000 global workforce. The...

NIGERIA SIGNS AGREEMENT WITH JOHN DEERE TO PROMOTE MECHANIZED AGRICULTURE

The Nigerian federal government has launched significant cooperation with American company John Deere in an attempt to address the long-standing issue of land preparation...

CARBON ACQUIRES NIGERIAN FINTECH COMPANY, VELLA FINANCE

Carbon, a digital financial services provider, has successfully acquired Vella Finance, a Nigerian fintech company specialising in SMEs. The two businesses released a statement...

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