Friendly: Ogun Governor Abiodun gifts Super Falcons N20m for win over Cameroon
Ogun State Governor Dapo Abiodun has doled out a sum of N20m to the Super Falcons following their victory over Cameroon. Nigeria defeated the Indomitable Lionesses 2-0 in a friendly at the Moshood Abiola Sports Arena, Abeokuta, on Tuesday. Captain…
Kenya approves Moniepoint’s acquisition of 78% stake in Sumac Microfinance Bank
The Competition Authority of Kenya (CAK) has given its approval for Moniepoint Inc.’s proposed acquisition of a 78% stake in Sumac Microfinance Bank Limited, stating that the transaction does not pose any threat to market competition or public interest. According…
Senegal aims to raise tax collection to cut reliance on external funding
Senegal plans to boost tax compliance to increase revenue and reduce reliance on financing from external sources like the International Monetary Fund, its Prime Minister Ousmane Sonko has said. The West African nation is engaging with the IMF to craft…
Ideal value of Cedi should range between GH¢10 and GH¢12 to US dollar
President John Mahama has projected that the Ghana cedi will stabilise within a band of GH¢10 to GH¢12 against the US dollar, describing it as a fair value to support both exporters and importers while maintaining macroeconomic stability. According to…
Chinenye Nwasike of Nenysty Redefines African Couture with a Regal Masterpiece
In a world filled with fleeting trends, Chinenye Nwasike, the creative director and founder of the fashion label Nenysty, offers a timeless vision of power, elegance, and cultural pride. Her latest piece, recently unveiled in an editorial shoot, goes beyond…
Manufacturers on edge as Benin Republic emerges region’s textile hub
Nigerian manufacturers in the textile sector are worried that Benin Republic has emerged as the textile hub in West Africa. The Republic of Benin has quietly emerged as a hub for sourcing textiles for international and regional markets in…
Nigeria’s biggest lender acquires National Bank of Kenya
Nigeria’s biggest lender acquires National Bank of Kenya Access Holdings Plc, Nigeria’s biggest lender by assets, completed a buyout of National Bank of Kenya (NBK), the financial services group announced on Monday, firming up its grip on the East African…
Ethiopian Airlines considering order for at least 20 regional jets, CEO says
Ethiopian Airlines is looking to order at least 20 regional or small narrowbody jets as it moves to expand its domestic fleet and replace some ageing aircraft, the airline’s chief executive told Reuters on Monday. “We are evaluating three aircraft…
Ruto Proposes Ksh5 Million Mortgage Loan for Kenyans Paying Housing Levy
In a bid to have more Kenyans access better housing, President William Ruto has announced that he will champion a constitutional reform to have Kenyans access up to Ksh5 million in low-interest loans for mortgages. Speaking at the 62nd Madaraka…
Ghana signs $1 billion deal with UAE to build Tech Hub in Ningo-Prampram
Ghana and the United Arab Emirates (UAE) have signed a $1 billion memorandum of understanding (MoU) to establish a world-class technology and innovation hub in Ningo-Prampram, a district in Accra. The agreement was signed by Ghana’s Minister of Communication, Digital…