Tanzania is to receive a $1.46 billion loan (about Sh3.3 trillion at the prevailing exchange rates) from the British multinational banking conglomerate, Standard Chartered Group. The money will be spent.
Guinness Nigeria Plc posted a profit before tax of ₦9.9 billion at the end of the 2018 financial year, the company’s results released by the Nigerian Stock Exchange have shown..
Nigeria’s Access Bank expects the country’s banking industry to hold its regular committee meeting soon to discuss South African telecoms firm MTN’s repayment of $8.1 billion, on the orders of.
Norwegian oil firm Aker Energy will delay submitting a plan for development of its block off Ghana until early next year in order to first complete appraisal drilling, expected to.
President Muhammadu Buhari has said the Federal Government is repositioning the maritime sector to become Nigeria’s economic driver. Buhari made the commitment yesterday in Abuja at the launch of a.
The $3.3 billion Floating Production Storage Offloading (FPSO) unit that sailed away in the early hours of Sunday from Lagos to the 200,000 barrels per day Egina oilfield has opened.
Kenya Airways has reported a Sh4b loss after tax for the first six months of 2018. This is an improvement from the Sh5.66bn posted in a similar period last year..
China-Africa trade has been growing robustly since the launch of 10 major cooperation plans three years ago. In the first half of 2018, bilateral trade rose 16 per cent year.
Ghana and Britain on Tuesday signed a £20m trade and investment agreement to create jobs and promote economic development in the west African nation, the Ghanaian presidency said. The presidency.
The Central Bank of Nigeria (CBN) has injected another sum of $210 million into the interbank foreign exchange (forex) market. The move was part of the central bank’s commitment to.
