MTN Group Limited has concluded all plans set to sell its $534 million stakes in tower assets in West African and East African countries Ghana and...
Indication has emerged that majority of the banks in Nigeria and indeed the world over “are not in great shape” or economically viable to withstand imminent...
Central Bank of Nigeria (CBN) has signalled it will allow the naira to weaken past its official rate as it gradually unwinds its regime of multiple...
Public Investment Corp. (PIC), MTN’s largest shareholder, is reportedly pushing for the restructuring of the leadership of the mobile-phone company to avoid the regulatory, legal and...
Aliko Dangote, Africa’s richest man, has said that he is still interested in buying Arsenal. one of English premier league football teams. In an interview he...
Nigeria is reportedly in talks with Russia’s Rosatom to build as many as four nuclear power plants costing about $80 billion as Africa’s biggest economy seeks...
Barclays Africa Group Ltd., which is expanding on the continent after buying most of its parent’s operations in Africa, has applied for an equities trading license...
According to latest survey released by New York based financial newswire service, Bloomberg, Africa’s largest economy Nigeria has been ranked among 20 fastest growing economies in...
Alibaba has doled out $200 million to invest in photo-messaging app Snapchat, a source familiar with the deal said, striking its latest Silicon Valley deal...
Bloomberg and the AfDB through the African Financial Markets Initiative (AFMI) have launched the AFMISM Bloomberg® African Bond Index (ABABI), a new family of African bond...