Starlink officially launched in Botswana
Starlink, SpaceX's Low-Earth Orbit (LEO) satellite internet service, has officially launched in Botswana, making it the sixth Southern African country to host the service, following Zimbabwe.This development comes after a…
Banks drive trading as investors anticipate higher dividends
The Nigerian stock market has continued its upward trend, with banking stocks driving the spike and contributing more than N2.62 billion to the market.Investors are showing renewed interest in banking…
Oil discovery, Presidential elections spark interest in Namibian asset
The discovery of more crude oil reserves and preparations for presidential elections have sparked an interest in Namibian assets. The Southern African nation is being courted by major international oil…
Johann Rupert becomes Africa’s richest man
The South African billionaire and chairman of Richemont, Johann Rupert, has surpassed Nigerian's Aliko Dangote to become Africa's richest person.This is according to the Bloomberg Billionaires Index, which states that…
FG to create new National Carrier, proposes merger of Arik Air and Aero Contractors
The Asset Management Corporation of Nigeria (AMCON) is considering merging Arik Air and Aero Contractors to create a new national carrier.The AMCON Managing Director/Chief Executive Officer, Gbenga Alade, announced this…
3 years after, payment system uncertainty plagues AFCFTA deal
The African Continental Free Trade Agreement was brokered by the African Union and officially launched in 2021. The agreement was designed to boost trade among countries within the continent by…
Nigeria picks 23 firms to manage $10billion investment funds
The Federal government of Nigeria has selected 23 firms to manage the $10 billion Nigeria Global Investment fund. The investment fund was set up to attract international and local capital…
ICT sector boosts Nigeria’s real GDP by 19.78%
The Information and Communications Technology (ICT) sector has contributed 19.78% to Nigeria's real Gross Domestic Product (GDP). This is according to data released by the National Bureau of Statistics, NBS.The…
Telegram CEO’s arrest piles pressure on Toncoin
Telegram CEO's arrest in France has piled pressure on cyprtocurrency, Toncoin. Telegram CEO, Pavel Durov was arrested in France last Saturday over issues bordering on lack of moderation.Telegram is accused…
FCMB collaborates with stakeholders to boost Nigeria’s non-oil sector
First City Monument Bank (FCMB) and key stakeholders have called for urgent and transformative growth in Nigeria's non-oil sector, to position it as a cornerstone of the nation's economic development.…
