CBN Tightens Capital Rules: Nigeria’s Banks Face the Wake-Up Call
FirstHoldCo’s $887 Million Problem
Nation’s central bank isn’t playing games. A recent “Cash is...
Deadly Attack, Economic Disaster
On June 13, militants launched a savage night raid on the Yelewata settlement in Benue State, killing up to 200 displaced...
Inflation Has Eased — But Survival Still Feels Hard
Nigeria scored a 0.74 percentage-point dip in May’s headline inflation, falling to 22.97% from 23.71% in...
Nigeria’s Financial Watchdog Cracks Down on Weak Capital Positions
In a decisive regulatory move, the Central Bank of Nigeria (CBN) has suspended the payment of...
From Soil to Software: Nile Secures $11.3M to Power Africa’s Digital Farm Future
Nile, a Cape Town-based AgriTech startup, has just raised a whopping $11.3...
Africa’s Cable King Is Losing Its Grip
MultiChoice, the parent company of DStv and GOtv, has dropped a bombshell: it lost 1.4 million subscribers in...
War Jitters Fuel Market Shockwaves
The global financial markets are getting a harsh dose of geopolitical reality.
Oil prices surged past $82 per barrel Friday, while...