Business

Lagos State Governor Signs Record N3.36 Trillion Budget for 2025

Lagos State Governor Babajide Sanwo-Olu has signed the state’s 2025 Appropriation Bill, valued at N3.36 trillion, into law.…

Mastercard and Boost Collaborate to Foster Growth in MSMEs and Digitize FMCG Distribution Networks

Mastercard and Boost, the business-to-business (B2B) commerce platform, have partnered to drive the growth of small businesses operating…

Tantalizers Plc to Acquire DanBethel Marine Services Limited

Tantalizers Plc has signed a Memorandum of Understanding (MoU) to acquire all assets of DanBethel Marine Services Limited,…

Stanbic IBTC Bank and Carloha Join Forces to Offer Exclusive Discounts on Chery Vehicles

Stanbic IBTC Bank, a part of Stanbic IBTC Holdings, has formed a strategic alliance with Carloha, an esteemed…

NucleusIS Africa Acquires Rigo Microfinance Bank to Revolutionize Healthcare Financing

NucleusIS Africa Limited, Africa’s fastest-growing technology company, has announced its acquisition of Rigo Microfinance Bank Limited. This landmark…

New Q3 Report Shows 14.01% Improvement in Nigeria’s Banking Sector Capital Adequacy

The Central Bank of Nigeria (CBN) has announced a significant improvement in the banking sector’s Capital Adequacy Ratio…

OmniBSIC Bank Ghana Partners with GACL and EPA to Promote ESG Practices

 OmniBSIC Bank Ghana continues to demonstrate its commitment to sustainable Environmental, Social, and Governance (ESG) practices by partnering…

Mponua Rural Bank Achieves Record Profit of GH¢5.4 Million in 2023

Mponua Rural Bank has reported a remarkable profit of GH¢5.4 million for the 2023 financial year, representing a…

GCB Bank Partners with Visa to Launch Exclusive Premium Cards

GCB Bank Plc, Ghana’s largest commercial bank, has announced a strategic partnership with Visa, a global leader in…

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Ghana’s LPG Consumption Rises by 4% in 2023 Amid Economic Rebound

 Despite significant challenges in 2022, Ghana’s Liquefied Petroleum Gas (LPG) consumption increased by 4% in 2023, according to…

MTN Ghana Announces Acquisition of GH₵10.9 Million Shares by Non-Executive Directors

Scancom PLC (MTN Ghana) has announced that several of its non-executive directors have acquired GH₵10.9 million worth of…

MCB Appoints Abiodun Azeez as New Representative Officer in Nigeria

 Mauritius Commercial Bank has announced the appointment of Abiodun Azeez as its new Representative Officer in Nigeria. With…

Investor Demand Surges in Treasury Bills Auction, Raising GH₵8.2 Billion

Investor demand for treasury bills surged during the most recent auction, with the government successfully raising GH₵8.2 billion,…

Absa Bank Uganda Appoints David Wandera as Interim Managing Director

Absa Bank Uganda has announced the appointment of David Wandera as its interim Managing Director, succeeding Mumba Kalifungwa…

GCB Capital Launches Golden Eagle Unit Trust to Expand Investment Opportunities

GCB Capital Limited has officially entered the collective investment market with the launch of its first collective investment…

Access Holdings to Acquire 100% Stake in South Africa’s Bidvest Bank

Access Holdings Plc has announced a significant strategic move by its banking subsidiary, Access Bank Plc, to acquire…

Ghana’s Industrial Sector Records 7.6% Year-on-Year Growth in Q3 2024

Ghana’s industrial sector has recorded a year-on-year growth rate of 7.6% in the third quarter of 2024, according…

Bank of Africa-Ghana Reopens Abossey Okai Branch to Boost Financial Inclusivity

In a strategic move to enhance financial inclusivity and provide trusted commercial banking services, Bank of Africa (BOA)-Ghana,…