Tag: Africa

  • Kogi – Gunmen Attack Police Station, Kill Police Inspector

    Ibrahim Oyewale in Lokoja Barely a monthy after a Divisional Police Command was attacked by hoodlums which left a police officer dead at Adavi, suspected gunmen early hours yesterday attacked another Police Area Command and killed a police inspector on duty at Eika-Ohizenyi in Okehi Local Government Area of Kogi State. The victim of yesterday’s…

  • Sector Resolution Funds: AMCON Gulps N125.9bn

    According to the data collected by the research arm of Nairametrics from the financials of the listed banks, AMCON bank charges increased by 29.5% from N97.18 billion paid in the corresponding period of 2021 to N125.9 billion in the review quarter. The twelve banks are Access, GCMB, Fidelity, FBN, GTCo, Stanbic IBTC, Sterling, UBA, Union,…

  • Top 5 richest countries in Africa

    The landscape of Africa continues to change dynamically. The richest countries in the ’80s are no longer holding forth in 2022. South Africa has also given way to Nigeria as Africa’s powerhouse of wealth. In the list below, you can see the list of the countries that are doing good in Africa at this time.…

  • This is the insane reason why Africa prints money from Europe

    Can you believe it? Up to 40 African nations go abroad to print their money after many years of independence. Most of these African countries print their money in UK, France, and Germany for some strange reasons. One insane reason is that if a small country prints its own money, it may have more money…

  • The 10 African banks that are doings so well in 2022

    No doubt, we are always careful when we choose to open an account with a bank. We are even more careful when it comes to doing larger business with a bank. You need a bank that you’re sure is having a clean plate, and is reputed to be rich enough to survive bad economic times.…

  • Global development finance coalition commits over USD 5.5 billion for MSME financing

    At the first Finance in Common Summit (FICS) in November 2020, the EDFI Association, on behalf of its 15 European member development finance institutions (DFIs), together with African Development Bank (AfDB), FinDev Canada, Islamic Corporation for the Development (ICD), U.S. International Development Finance Corporation (US DFC), and West African Development Bank (BOAD) launched a coalition…

  • 1st cloud region opens in Africa – Oracle

    Oracle announced the availability of its first cloud region in Africa to meet the rapidly growing demand for enterprise cloud services on the continent. The Oracle Cloud Johannesburg Region will boost cloud adoption across Africa while also helping businesses achieve better performance and drive continuous innovation. The opening marks Oracle’s 37th cloud region worldwide with…

  • Africa needs fiscal room to breathe or becomes a forgotten continent – Akufo-Addo to Europe

    President Nana Addo Dankwa Akufo-Addo has warned that Africa will become the forgotten continent without the needed fiscal room to breathe. Africa needs fiscal room to breathe or becomes a forgotten continent He said to stop that from happening, “there is an urgent need for comprehensive debt relief and debt cancellation.” The president made this…

  • The Yoruba Civil War (Part 1)

    Ibadan was the emerging new Yoruba power house after the fall of the Oyo empire, blessed with the support of the Alaafin Ibadan called for a conference of the Oyo town for the aim of restoring peace and unity amidst the Yoruba Race. They were able to reach a consensus that war will not be…

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