Business

CBN denies, condemns peddlers of rumor on Domiciliary Account Holdings

Nigeria’s Net forex inflow drops by 26% to $3.87bn — CBN

Nigeria’s Net forex inflow drops by 26% to $3.87bn — CBN   Net foreign exchange (forex) inflow into Nigeria’s economy dropped by 26 percent, month-on-month to $3.87 billion in October from $5.23 billion in September last year. The decline was driven by an 11.9 percent drop in foreign exchange inflow caused by 39.6 percent and […]

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Hajjar: New project to promote trade, investment & enhance dates sector production chain competitiveness in exports and jobs

First ever international virtual exhibition for Madinah dates organised under Aid for Trade Initiative for Arab States (AfTIAS) Under the patronage of HRH Prince Faisal bin Salman bin Abdul Aziz Al Saud, Governor of the Madinah Province, the Madinah Chamber of Commerce and Industry (MCCI), in cooperation with the Islamic Development Bank Group (IsDBG), the

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Nigeria enters the worst recession as GDP drops by 3.62% in Q3’20

Malawi’s NBS Bank launches ecommerce platform and online payment gateway with Network International

Enables bank to expand its offering to power digital payment acceptance among SMEs, large corporations, public institutions and individuals NBS Bank, a leading commercial bank in Malawi, launches its state of the art e-commerce platform, powered by Network International (www.Network.ae), the leading enabler of digital commerce across Africa and the Middle East. The implementation of

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Governor Obaseki fires back at Finance Minister overprinting of N60bn notes

Tizeti rolls out high-speed 4G LTE in Edo with N4000/month broadband service

Installations are expected to commence in Benin City on April 1st, 2021 As part of its commitment to ensuring access to affordable broadband connectivity in Africa’s underserved populations, Tizeti (www.Tizeti.com), West Africa’s pioneer solar-based internet service provider is rolling out its 4G LTE network in Edo State, with monthly fixed broadband costs pegged at four

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Nigeria enters the worst recession as GDP drops by 3.62% in Q3’20

Verdant Capital receives Independent Advisory Firm of the Year – Pan Africa – in the prestigious Africa Global Funds awards, 2020

Verdant Capital completed transactions in most major sectors of the economy including, financial services, financial technology or “fintech”, telecoms and agro-business Africa Global Funds, the leading industry journal covering private equity and other asset classes across Africa, awarded this accolade to Verdant Capital in recognition of the firm’s major transaction volumes in 2020 across M&A

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Bank of Khyber transforms to Temenos Core and Digital Banking Platform

Temenos technology supports Bank of Khyber’s strategic objectives to increase market share and drive sustainable growth by optimizing its banking operations and reducing operational costs Bank of Khyber (“BoK”) (http://BoK.com.pk) which is a leading bank in Khyber Pakhtunkhwa, Pakistan, with 175 branches, successfully went live with Temenos Transact (www.Temenos.com) the next-generation core banking, Temenos Infinity

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OPEC plans First Ministerial Roundtable on Energy, Climate and Sustainable Development for oil-producing countries

Depth and Magnitude of Global Economic rebound in 2021 remains uncertain — OPEC

Depth and Magnitude of Global Economic rebound in 2021 remains uncertain — OPEC   The Organisation of Petroleum Exporting Countries, OPEC, has disclosed that, while a strong global economic recovery in 2021 remains very likely, the depth and magnitude of this year’s rebound remains uncertain. In its January 2021 Oil Market report, obtained by The

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Deutsche Post DHL Group, German Federal Ministry for Economic Cooperation and Development promote e-commerce in developing and emerging countries

DHL Global Forwarding invests 126.5 million rand in new facility in South Africa

The new facility will boast 10,000 square meters of warehousing space, doubling the existing capacity to meet future demand Signs exclusive ten-year lease for approximately 13,000 square meters of office and warehousing space at the newly-developed Skyparks Business Estate near Oliver Reginald (O.R.) Tambo International Airport; the new facility will boast 10,000 square meters of

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The total financing of ITFC reaches $ 11.2 billion for Egypt

Within the Framework of Cooperation between the Arab Republic of Egypt and the International Islamic Trade Finance Corporation: Five Ministers Witness the Signing of ITFC’s 2021 Program Totaling US$ 1.1 Billion Aimed at Providing Integrated Trade Solutions to Egypt In 2021, collaboration will continue with the aim of providing institutional support and capacity building programs

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Control Risks announces the Top 5 Risks for Business in 2021

In 2021, business will face a globally fragmented recovery from COVID-19; now is the time to embrace risk and focus on the rebound The COVID-19 pandemic, emerging digital threats, climate change, and the US China relationship are among the Top 5 Risks for business in 2021, published by Control Risks (www.ControlRisks.com), the specialist global risk

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