AFRICA’S OIL-RICH NATIONS EXPERIENCES DECLINE IN INVESTMENTS, SAYS WORLD BANK

Africa's oil-rich nations are experiencing major reduction in investment, says the World Bank. In Africa nations, oil as a resource is one valuable and profitable...

RWANDA SUCCESSFULLY REPAYS $400 MILLION EUROBOND DESPITE ECONOMIC CHALLENGES

Rwanda has successfully paid off its $400 million Eurobond despite the effects caused by recent events around the globe ranging from the COVID-19 pandemic,...

NO PLANS TO WITHDRAW REDESIGNED NOTES DESPITE ITS SCARCITY, SAYS CENTRAL BANK OF NIGERIA

The Central Bank of Nigeria has declared the claim that it was going to withdraw the redesigned 200, 500 and 1000 notes as false...

FIVE STARTUPS RECEIVE FUNDS TO IMPROVE NIGERIA HEALTH SECTOR

Nigeria Water Sanitation Hygiene organisation (WASH) has awarded 17.5 million naria to five startup businesses for creating innovative solutions to address water sanitation hygiene...

WORLD BANK DEMANDS THAT INFRASTRUCTURAL PROJECT BE COMPLETED QUICKLY IN WESTERN UGANDA

The World Bank has ordered contractors in Western Uganda to complete their projects. Mr. Stephen John Ajalu, the World Bank's senior urban development specialist,...

KENYA TACKLES DOLLAR SHORTAGE THROUGH INTERBANK FOREIGN EXCHANGE MARKET

Kenya has recently been experiencing dollar shortage and it is reported some days back that banks ran out of US currency while those with...

FINANCIAL SOLUTIONS OFFERED TO AFRICAN IMPORTERS BY STANBIC IBTC

Stanbic IBTC  has offered an across-the-border system tagged "Africa China Agent Proposition (ACAP)" for offering standard financial solutions to importers from Africa who exchange...

RENEWED BARGAIN IN MTN NIGERIA COMMUNICATION AND 32 OTHER STOCKS LIFT MARKET CAPITALIZATION

The Nigerian Exchange Limited (NGX) resumed in a positive mood yesterday as investor wealth increased by N137 billion as a result of renewed bargain...

WANING FOREIGN INVESTMENT DECREASES NIGERIAN STOCK EXCHANGE ETF

The Nigerian Stock Exchange (NGX) Exchange Traded Fund (ETF) has suffered as a result of dwindling foreign investor participation, which has led to a...

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