UAE’s MGX bets big on Binance with $2 billion investment by Oluwatosin Adeyemi March 14, 2025 0 MGX, an investment organisation supported by Abu Dhabi, on Wednesday announced an investment of $2 billion in Binance, strengthening the...
South Africa to boost local production of electric vehicles with 1 billion rand by Oluwatosin Adeyemi March 14, 2025 0 The National Treasury announced on Wednesday that South Africa will invest 1 billion rand ($54.27 million) to promote domestic manufacturing...
Access Bank’s deal to acquire National Bank of Kenya (NBK) reaches advanced stage by Oluwatosin Adeyemi March 14, 2025 0 Access Bank, the largest bank in Nigeria in terms of assets, is currently nearing completion on its acquisition of National...
EFCC releases full list of Ponzi scheme operators in Nigeria by Oluwatosin Adeyemi March 13, 2025 0 The Economic and Financial Crimes Commission (EFCC) on Tuesday published a list of at least 58 companies that use Ponzi...
NiDCOM calls for investigation into the mysterious death of Nigerian TikToker in Kenya by Oluwatosin Adeyemi March 13, 2025 0 Abike Dabiri-Erewa, the chairman of the Nigerians in Diaspora Commission (NiDCOM ), has called on Kenyan authorities to investigate the...
KCB Group reports KShs. 61.8 billion profit after tax in 2024 despite challenging business climate by Oluwatosin Adeyemi March 13, 2025 0 In its 2024 financial year report released on Wednesday, KCB Group's profit after tax increased by 64.9 percent to KShs....
House of Reps directs CBN to suspend hike in ATM charges by Oluwatosin Adeyemi March 12, 2025 0 The House of Representatives on Tuesday directed the Central Bank of Nigeria(CBN) to suspend the increase in ATM fees in...
38 African startups raise over $119 million in February, fintech and logistics record largest investments by Oluwatosin Adeyemi March 12, 2025 0 A Tuesday report by Big Deal revealed that African startups raised more than $119 million in February 2025, with 38...
Seplat Energy launches $650 million senior notes offering to refinance debt by Oluwatosin Adeyemi March 12, 2025 0 As part of a larger debt refinance effort to improve its financial condition and lower debt payments, Seplat Energy Plc...
Nigerian lawmaker moves motion for NCC to block XVideos, PornHub, other pornographic sites by Oluwatosin Adeyemi March 12, 2025 1 The House of Representatives on Tuesday moved a motion for all pornographic websites to be blocked, citing an erosion of...