Kenya to reintroduce scrapped tax measures
Kenya is set to reintroduce some of the tax measures which were initially scrapped by President William Ruto after deadly nationwide protests.Recall that Kenya had witnessed nationwide demonstrations in reaction…
Ghana seeks $500 million Cocoa loan amid industry uncertainty
Ghana is negotiating a $500 million loan with cocoa traders, including Olam Group Ltd. and Barry Callebaut AG, to finance its cocoa industry operations. This move comes as the country…
Nigerian Equity Market suffers fourth consecutive loss
The Nigerian equity market's bearish trend continued for the fourth consecutive session on Thursday, resulting in a N56 billion loss for investors. The All Share Index (ASI) declined by 0.10%…
What you should know before investing in bank shares
Following the Central Bank of Nigeria's directive in March, which increased the minimum capital base for banks, 26 banks are now actively engaging in capital markets and investment platforms. This…
Top 10 most expensive states in Nigeria
Bauchi tops Nigeria's most expensive states in July 2024, as inflation soars. Explore the top 10 list and see how rising costs impact living expenses nationwide
Nigeria to issue $500 million domestic bond
Nigeria has announced plans to offer domestic bonds in US dollars starting next Monday. With this dollar denominated domestic bond, the Nigerian government hopes to raise $500 million from investors.The…
Dangote, African leaders to discuss continent’s future in London
On October 29, 2024, the 11th edition of the Financial Times Africa Summit will convene at The Peninsula in London, bringing together African Heads of State, policymakers, global investors, and…
Oando tops losers’ chart as NGX declines
The Nigerian Exchange (NGX) experienced a third consecutive day of decline, with the All Share Index falling by 0.20% to 97,199.60 points on Wednesday. This downward trend resulted in a…
National Assembly proposes ₦25million fine for unlicensed insurance companies
The National Assembly is proposing a ₦25million fine for insurance companies in Nigeria operating without a license.This proposal is part of the new Nigeria Insurance Industry Reform Bill, 2024. This…
Oando Plc rises by 60.47% as NGX Records Gains
Oando Plc made a 60.47% gain in the last trading week ending August 9, 2024.Investors saw the NGX All-Share Index and market capitalization appreciate by 0.87%, closing the week at…
