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“US $5bn Mozambique Loan: We will learn geopolitics by force” says Hundeyin

By Chioma Obinagwam Renowned journalist, David Hundeyin, has reacted to the reapproval of the once halted loan for an LNG Project to Mozambique....

BusinessForeign NewsNews

Nigeria begins construction of first FLNG facility

The construction for Nigeria’s first Floating Liquefied Natural Gas (FLNG) facility with engineering firms KBR, JGC Corporation and Technip Energies is underway. Confiance...

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Is Shoprite’s $10m suit reason for plans to leave Nigeria?

In the early hours of Monday, August 3, 2020, news broke out that South African food retail company, Shoprite Checkers (PTY) Limited and...

BusinessNews

Branch expansion: Access bank eyes francophone countries

Two months after acquiring a bank in Kenya, Access Bank is planning to increase its subsidiaries across Africa. The Group Managing Director (GMD)...

BusinessForeign NewsNews

AfDB announces US$200m relief, reconstruction, mitigation plan for Mozambique, Malawi, Zimbabwe

By Chioma Obinagwam African Development Bank (AfDB) has announced US$100 million comprehensive relief, reconstruction and mitigation plan for Mozambique, Malawi and Zimbabwe. Revealed...

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Moniepoint hits ₦1trn milestone in SME Loans, marks 10 years of empowering small businesses‎‎

By Chioma Obinagwam Moniepoint Inc., Nigeria’s definitive platform for small businesses and Africa’s all-in-one financial ecosystem, today released its 2025 Year in Review,...

‎Why Nigeria’s Banks Still on Shaky Ground with Big Profits, Weak Capital

By Blaise Udunze‎‎Despite the fragile 2024 economy grappling with inflation, currency volatility, and weak growth, Nigeria’s banking industry was widely portrayed as successful...