UBA’s share price surges 95% in one year – Report
The United Bank for Africa Plc’s share price has increased by 95% in a year, garnering analysts’ ratings. According to BusinessDay, financial…
Business
Why renewables decline in underdeveloped nations – SEForAll
Sustainable Energy for All has stated that the high cost of financing severely reduces the economic benefit of renewable energy solutions in developing…
Avanti crowned sub-Saharan Africa’s satellite market leader
Avanti Communications has been named the market-leading partner in sub-Saharan Africa for satellite capacity. The UK-based satellite operator reportedly got the honour…
NAFDAC raises alarm over unhealthy Mayonnaise in sale
Nigerians have been warned by the National Agency for Food and Drug Administration and Control about the sale of Whippy Real Mayonnaise which…
M-Pesa hits 34.4% revenue growth, 400K new customers
Mobile money giants, M-Pesa, announced a revenue increase of 34.4%, amounting to $106m in the second quarter of 2023. Vodacom CEO, Shameel…
Adidas secures $565m worth of orders for unsold Yeezy shoes
Adidas has received orders for 4 million pairs of unsold Yeezy sneakers totaling more than 508 million euros, exceeding the company’s “most optimistic forecast.”…
Construction firms borrowed N21tn in four years – Report
Real estate and construction enterprises in the country were able to acquire loans totaling N21.89 trillion in four years. According to The…
Prepare for unexpected challenges, First bank urges SMEs
By Wilson Adekumola FirstBank of Nigeria Limited has called on Small and Medium Enterprises to build sustainable revenue base in naira…
Why SERAP sued CBN over KYC social media policy
The Central Bank of Nigeria is being sued by the Socio-Economic Rights and Accountability Project over its proposed Know-Your-Customer social media policy. SERAP’s…
Twitter to pay verified users for profile views – Musk
Elon Musk, the owner of Twitter, has stated that as part of an expansion of the microblogging service’s monetization program, users would…
Council urges Tinubu to include youths in ECOWAS agenda
The Economic Community of West African States Youth Council has encouraged the organization’s new chairman, Bola Tinubu, to prioritize the advancement of young people…
AFD okays $16m for Youth Entrepreneurship Investment Bank
The establishment of a Youth Entrepreneurship Investment Bank in Liberia will receive $16 million from the African Development Fund, the concessional lending division…