News

Nigeria: Firm issues N5 billion CP for housing development

A Lagos-based firm, God Made Homes (GMH) Limited, has signed a N5,000,000,000 Commercial Paper (CP) agreement with Qualinvest…

East Africa banks cash in on forex crisis, government securities to increase earnings

East Africa’s top retail banks have cashed in on the scarcity of hard currency, earning Ksh25 billion ($204.91…

Uganda seeks tech revolution boost with free smartphones for homes

Uganda is piloting a programme to expand use of smartphones as one way of drawing investment in tech…

Big GDP surprise for South Africa’s economy

Stats SA has published the latest gross domestic product numbers for the third quarter of 2022, showing surprising…

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Nigeria: CBN to raise bank minimum capital to N906b

The Central Bank of Nigeria (CBN) is considering an increase in the minimum capital requirement for Nigerian commercial…

Nigerian: FSDH receives an ‘A’ rating with a stable outlook from DataPro

Credit Rating Agency (CRA), DataPro, FSDH Merchant Bank Limited has been awarded a stable outlook for the year…