Nigerian SEC Issues Warning Against Deceptive Investment Schemes
The Nigerian SEC warns against dubious investment schemes that attract investors with false promises. In the recent "Follow the Money...
Companies
Pensana Shares Surge 38% After Securing Financing for Longonjo Project
Pensana PLC shares surged 38% after securing $268 million for the Longonjo project in Angola, which will produce 20,000 tonnes...
Strengthening Rand Amid Historic Gold Prices
The South African rand strengthened to 18.0175 against the dollar as gold hit a record high of $3,018.66. Analysts indicate...
Botswana Targets Young Wealthy Americans to Boost Natural Diamond Sales
Botswana is enhancing its diamond marketing efforts by targeting wealthy young Americans through social media. The government partnered with The...
First Bank of Nigeria Wins Best SME Bank in Africa at 2025 Asian Banker Awards
First Bank of Nigeria Limited has been awarded Best SME Bank in Nigeria and Africa at the 2025 Asian Banker...
Nigeria Set to Embrace Cryptocurrency with New Regulatory Framework
Nigeria's new Investment and Securities Bill of 2025 aims to officially recognize cryptocurrencies, offering legal support for trading platforms and...
Southern Copper Reports Injury Amid Attack at Peru Mining Site
An attack by informal miners on Southern Copper's Los Chancas project in Peru injured 20 individuals. The incident, which involved...
Sycamore Pursues Asset Management in Nigeria After SEC License Acquisition
Sycamore, a Nigerian fintech, has obtained a Securities and Exchange Commission (SEC) license to operate as a fund and portfolio...
MTN Group CEO Forecasts Recovery in Nigeria Amid Financial Challenges
MTN Group CEO Ralph Mupita asserts that the company's challenges in Nigeria are diminishing, following a significant pre-tax loss due...
MTN Plans Fintech Spin-Off to Facilitate Mastercard Partnership
MTN Group Ltd. plans to spin off its fintech operations in Nigeria, Ghana, and Uganda to enable Mastercard to acquire...
