Energy
Conoil Slashes Dividend as Profit Plunges 75% on Dangote Price War
Conoil Plc, a Nigerian fuel marketing company, has announced a drastic cut to its shareholder payouts for 2025 following a
![[BREAKING] Nigeria’s Power Grid Collapses Again](https://www.marketsreporters.com/wp-content/uploads/2020/11/Power-grid-130x90.jpeg "[BREAKING] Nigeria’s Power Grid Collapses Again")
Money
DRC Joins African Peers in Using Bloomberg Tool to Digitise FX Market
The Central Bank of Congo (BCC) has adopted Bloomberg’s BMatch solution to improve transparency, pricing clarity and efficiency in interbank
Economics
Dangote Wants to Build Nigeria’s Biggest Free Zone in Ondo
Aliko Dangote, President of Dangote Group, has reaffirmed plans to develop what he described as Nigeria’s biggest industrial and free
Stocks
Elumelu’s United Capital Buys Stake in Parent of Nigerian Stock Exchange
United Capital Group, a pan-African investment banking and financial services group, has completed the acquisition of a 5% equity stake
Technology
Flutterwave’s Valuation Hits $3.2bn as Ripple’s Investment Pushes Total Funding Past $500m
African fintech giant Flutterwave has announced that its total capital raised has now surpassed $500 million. This follows a strategic
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Flutterwave’s Valuation Hits $3.2bn as Ripple’s Investment Pushes Total Funding Past $500m
African fintech giant Flutterwave has announced that its total capital raised has now surpassed $500 million. This follows a strategic
