News

Nigeria: 6 Firms Raise N191.42bn Through Commercial Papers Amid High-Rate Environment - Africa
6 Nigerian Firms Raise N191.42bn Through Commercial Papers Amid High-Rate Environment

Six Nigerian corporates have raised N191.42 billion through commercial paper (CP) issuances, leveraging short-term debt…

NCC begins review of mobile termination rates amid rising industry costs - Nigeria
NCC begins review of mobile termination rates amid rising industry costs

The Nigerian Communications Commission (NCC) has commenced a fresh review of Mobile Termination Rates (MTRs)…

Why FG imposed compensation on power firms for electrical accidents - Nigeria
Why FG imposed compensation on power firms for electrical accidents

NERC Imposes N15m Compensation on IE, EKDC, Other Power Firms for Electrical Accidents. NERC mandates…

FG Sets Up Panel to Address Rejection of Nigerian Farm Exports - Nigeria
FG Sets Up Panel to Address Rejection of Nigerian Farm Exports

The Federal Government has inaugurated a Technical Working Group (TWG) on Agricultural Produce Residue Standards…

Kenya Airways Weighs $1.5 Billion Capital Raise to Fund Turnaround and Expansion - Africa
Kenya Airways Weighs $1.5 Billion Capital Raise to Fund Turnaround and Expansion

Kenya Airways plans to raise $1.5 billion to support its turnaround strategy, according to statements…

Libya Marks Oil Majors' Return With New Production-Sharing Contracts - Africa
Libya Marks Oil Majors’ Return With New Production-Sharing Contracts with International Companies

Libya’s National Oil Corporation (NOC) signed production-sharing contracts (PSCs) with several international energy companies on…

Flutterwave Lands Ripple Investment At USD 3.2 B Valuation To Expand Stablecoin Payments - Africa
Flutterwave Lands Ripple Investment At USD 3.2 B Valuation To Expand Stablecoin Payments

Nigerian fintech giant Flutterwave has secured a strategic investment from blockchain infrastructure company Ripple as…

Senate Approves Factoring Law To Unlock $50 Billion SME Financing Market In 2026 - Nigeria
Senate Rejects Oshiomhole’s Forgery Claims in Natasha Akpoti-Uduaghan Suspension Report

The Nigerian Senate has dismissed allegations by Senator Adams Oshiomhole that signatures were forged in…

Bus Driver Joseph Okpe Dies After Alleged Nigerian Air Force Assault Over Traffic Dispute in Lagos

A 43-year-old commercial bus driver, Joseph Okpe, has died after he was allegedly beaten by…

Vikram Solar to commission 9 GW PV cell manufacturing capacity by December 2026 – pv magazine India - Global
Vikram Solar to commission 9 GW PV cell manufacturing capacity by December 2026 – pv magazine India

Vikram Solar is advancing the first phase of its planned 12 GW solar cell manufacturing…