Breaking news and insights at nigerianewsservice.com
The growth expectations for India’s major IT firms in FY26 are dim as banks pause tech investments amid inflation and trade war fears. Analysts from JM Financial and Kotak Institutional …
Cloud of Uncertainty Surrounds Indian IT for FY26 Read More
The NBE’s draft directive bars small banks from operating in SEZs, potentially driving industry mergers. Only banks with at least 2% market share can qualify for SEZ branches, a requirement …
NBE Draft Directive Limits Small Banks’ Operations in Special Economic Zones Read More
Neo Química Arena, home to Corinthians, has increased its seating capacity to 48,905 through the addition of 1,060 seats without major construction. The seating distribution covers multiple sections. Meanwhile, the …
Neo Química Arena Expands Capacity and Advances Fundraising Efforts Read More
Recent coffee price movements indicate a mixed outcome, with Arabica supported by drought conditions in Brazil. Investors are adjusting their strategies as they navigate the complexities within the coffee market, …
Coffee Prices Show Mixed Results with Arabica Boosted by Brazilian Dryness Read More
CI Capital and Compass Capital have launched Egypt’s first onshore private equity fund, C3 Capital Fund 1, with a target size of EGP 3 billion. The fund focuses on investing …
CI Capital and Compass Launch EGP 3 Billion C3 Fund for EGX Investments Read More
The Nigerian financial sector faced significant losses in 2024, totalling 52.26 billion Naira (US$34.8 million) due to fraud, particularly involving fraudulent BVNs. The NIBSS report emphasizes the urgent need for …
Significant Financial Losses in Nigeria Due to Fraud: A Call for Enhanced Security Measures Read More
Egypt’s Prime Minister Mostafa Madbouly led a meeting focused on strategies to combat smuggling and protect local producers. Key ministers discussed the impact of smuggled goods on domestic manufacturing and …
Egypt Takes Action to Combat Smuggling and Support Local Manufacturers Read More
Quimbaya Gold Inc. has commenced a 4,000-meter drilling campaign at its Tahami South property, adjacent to Aris Mining’s Segovia project. This initiative is in collaboration with Independence Drilling S.A. and …
Quimbaya Gold Begins 4,000-Meter Drilling Campaign in Colombia Read More
In 2024, MTN Ghana achieved GHS 17.9 billion ($1.1 billion) in service revenue, driven by 34.5% growth in data revenue and 54.4% growth in Mobile Money services. Despite a slight …
MTN Ghana Reports $1.1 Billion Revenue Surge Driven by Data and MoMo Services Read More
Ghana’s Central Bank has halted its gold-for-oil program to stabilize the cedi amidst economic fluctuations. Governor Johnson Asiama aims to reinforce monetary policy and fiscal discipline to ensure foreign exchange …
Ghana Halts Gold-for-Oil Program to Stabilize Cedi and Economy Read More