Most Recent News

African’s Richest Man Dangote, 4 Others Raise N143bn From Commercial Papers’ Issuance

There has been increased activity in the commercial papers’ market in recent times as Dangote Group, Access Bank, Nigerian Breweries, Coronation Merchant Bank and Sterling Bank have been to the.

Deputy Minister Mhaule to represent South Africa at the Singapore-Sub-Saharan High Level Ministerial Exchange

The Deputy Minister of International Relations and Cooperation, Ms Reginah Mhaule, will represent South Africa in the Singapore-Sub-Saharan High Level Ministerial Exchange, scheduled for on 27 and 28 August 2018.

Nigeria: Banks get N23 trillion deposits, engage 44,000 ‘casual workers’

The end month balance of the banking sector’s deposit base as at June 2018 was N23.21 trillion, indicating a level of liquidity at the disposal of the lenders for credit.

Equities Market Rebounds on Bargain Hunting, Gains 0.45%

The equities market rebounded last week with the Nigerian Stock Exchange (NSE) All-Share Index (NSE ASI) gaining 0.45 per cent after three weeks of decline. Although trading in the week.

Egypt’s NBE bank targets $2.5 bln external loans in FY2019

National Bank of Egypt (NBE) is looking to raise its foreign debt by $1 billion to reach $2.5 billion in financial year 2018/2019, vice chairman Yehia Abu Al Fotouh said..

Homa Bay-KNCCI wants State to privatize sugar industries

The Kenya National Chamber of Commerce and Industries (KNCCI) wants the State to privatize sugar industries to overt the ongoing crisis in the sugar sector. National Chairman Kiprono Kittony said.

Theresa May to visit Nelson Mandela’s cell on first trip to Africa

Theresa May is set to visit Nelson Mandela’s former cell to as she makes her first trip to Africa as Prime Minister. Mrs May jets off from Heathrow today before.

Namibia to hold land talks in October to discuss expropriation: President

Namibia will hold countrywide land expropriation talks for the first time since independence as the small southern African nation grapples with political and ethnic tensions over the transfer of wealth.

Central Bank of Libya to hold meeting in Tunisia to facilitate review on its transactions

Sources from the Central Bank of Libya (CBL) said Saturday that the CBL is likely to hold a meeting next week in the Tunisian capital. The sources explained that the.