Online Editor

583 Articles

New report on COVID-19 impact on African trade finance shows massive capital outflows to $5bn in Q1 2020

    …African trade amounts to $1,077 bn …Survey done by Afreximbank, UN-ECA, AfDB, MFW4A …185 banks across Africa representing…

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Investors earn N88bn as buying interest in MTN, Zenith, GTBank buoyed positive performance in the equities market

Charles Abuede   The Nigerian equities market extends its positive tempo going into the third trading session resulting from buying…

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Smartphone giant TECNO Mobile launches Spark 7P for Gen Z with exciting features

The TECNO Spark 7p comes equipped with 16MP AI Triple Camera To be available soon at retail stores Wale Ameen…

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Zoom records 370% explosive growth in quarterly revenue to $882.5mn from pandemic

Records a 357% y/y surge in market cap on the back of covid-19 vaccine   Charles Abuede   Zoom, a…

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Nigeria Customs generates N466.1bn revenues in 3 months; seize contrabands of about N2bn

  Charles Abuede   Recent data obtained from Joseph Attah, the Public Relations Officer of the Nigerian Customs Service (NCS)…

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Bank of England begins exploring Crypto feasibility; set to launch Britcoin

Digital currency to address issues found in typical cryptos   Charles Abuede   With the news of most cryptocurrency market…

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Access Bank to buy African Banking Corporation of Botswana for cash

Wale Ameen Online Editor   Leading Nigerian lender, Access Bank Plc is set to buy a majority stake in the…

New payment digitization agenda for Africa launched

Report suggests direct correlation between workers payment digitization and  increase in economic recovery African leaders advocate complete digitization of workers'…

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Nigeria Customs Service scanner centre impedes Apapa port rail extension project

MIKE OCHONMA Business Editor After many months of dashed hopes, despite assurances of targeted completion time of the rail tracks…

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China records giant stride towards global 5G dominance

*Constructs world largest 5G mobile network Onome Amuge China, one of the world’s leading economic giants, has made initial achievements…

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