Dangote Cement, major contributor to Senegal’s economy – Envoy

Dangote Cement Plc’s huge investment has been described as one of the major contributors to the development of the Senegalese economy. Besides, the Cement...

Oil marketers frown at House Committee’s attitude

Operators in the downstream sector of Nigeria’s oil industry have expressed concern over what they called the overbearing attitude of the lawmakers who they...

Banks unban MTN, restore USSD services

Commercial banks in Nigeria have reconnected MTN customers to banking channels after disconnecting them from their channels, including the Unstructured Supplementary Service Data (USSD)...

African investors traded 925% more during lockdown – INFINOX

African traders invested 925% more through the global trading provider INFINOX last year compared to 2019; The surge in investor demand came as volumes...

Nigeria’s inflation hits all time high of 17.33%

The consumer price index spiked further in February by 0.86% to 17.33%, marginally higher than FDC forecast (17.2%). This is the highest inflation level...

CBN devices scheme to boost Diaspora remittances

The Central Bank of Nigeria (CBN) has unveiled the “CBN Naira 4 Dollar Scheme,” an inducement for receivers and senders of electronic offshore fund...

CBN extends interest rate cut by one year

The Central Bank of Nigeria (CBN) has announced an extension period for its reduced interest rates on intervention facilities to businesses by 12 months.   The...

How CEMAC countries can emerge stronger from economic crisis

By Leoncio Amada NZE When the International Monetary Fund (IMF) said that the pandemic-ravaged global economy shrunk by 4.4% in 2020, the news probably surprised...

Why FG banned crypto currency operations in Nigeria

The Federal Government through the Central Bank of Nigeria (CBN), has directed all Deposit Money Banks (DMBs), Non-Bank Financial Institutions (NBFIs) and Other Financial...

Women Summit to explore power of collective in resetting Africa

Since its inception in 2016, hosted as a prestigious gala event, the FORBES WOMAN AFRICA Leading Women Summit has been a platform bringing together...

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