Thursday, July 19, 2018

Nigeria Loses Fresh $30b ICT Investment to South Africa

The combination of poor power generating capacity; harsh business climate; foreign exchange volatility; high level corruption, and a host of others, have caused Nigeria...

Firms Invest in Technology to Track DRC Minerals

Companies have started using blockchain technology to track the supply chain minerals to ensure those from the conflict-hit Democratic Republic of Congo are blocked. Dorae...

Mauritius – A Gateway for Investment into Africa’s Energy Sector

Mauritius has enjoyed numerous accolades within the business community of late. In 2018 it was ranked 25th out of 190 countries in the World Bank...

African economies sliding into debt distress despite growth – IMF warns

Sub-Saharan African nations are at growing risk of debt distress because of heavy borrowing and gaping deficits, despite an overall uptick in economic growth,...

South Africa to Host The 2018 Africa Investment Forum

The Premier of the Gauteng Province in South Africa, David Makhura, said, Africans are tired of talks about investment after which nothing happens. He spoke...

Nigeria-China agree $2.36 bn currency swap agreement

Nigeria China’s central bank said on Thursday (03/05/2018) it has signed a three-year bilateral currency swap agreement with Nigeria worth 15 billion yuan ($2.36 billion). The...

RMB Nigeria Increases Investment in Domestic Economy

The subsidiary of South Africa’s Rand Merchant banking group, RMB Nigeria, has raised its stake in the actualisation of the nation’s growth model –...

‘Industrialization, Diaspora Investment Crucial To Boosting Africa’s Capital stock’

Industrialisation and African Diaspora investment are key to raising Africa’s capital stock which will trigger faster economic growth and development in the continent, Dr....

World Malaria Day: Africa/Nigeria Needs More Attention to Beat Malaria

Malaria is a life-threatening mosquito-borne blood disease caused by a Plasmodium parasite. It is transmitted to humans through the bite of the Anopheles mosquito.Once an infected...

The 9 Nigerian Youths That Made It To Forbes’ Top 30 African Most Promising...

While speaking at the 2018 Commonwealth Business Forum, President Muhammadu Buhari had implied that most Nigerian youths are lazy and want everything on a...

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ABCON projects further increase in crude oil price in Q2

Chinese oil firm to invest $3bn in Nigeria

The management of China National Offshore Oil Corporation has expressed its readiness to invest additional $3bn in its existing stakes in offshore oil and...
Warning Signs of Bitcoin Pump and Dump Scams

Bitcoin is the best bet for cryptocurrency investors, – Wall Street trader

Bitcoin is still the best bet for crypto investors as people are "functionally using" it, Bart Smith told CNBC. "If you want to own the...

FG will need to borrow about 2trillion naira to fund 2018 budget –...

FSDH Merchant Bank has  projected that the federal government will borrow up to N2 trillion to finance its budget in 2018, describing the nation’s...
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