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...
This is a very bad time for oil dependent country like Nigeria because a scary analysis in Bloomberg by Gary Shilling has predicted a further tumble...
Alhaji Aliko Dangote, business magnate who owns the Dangote Group reportedly made some $1.7 billion in the first three months of this year, according to research...
