FCMB Group Clarifies Capital-Raise Limit Increase Is Regulatory Compliance, Not New Fundraising
Lagos, Nigeria – FCMB Group Plc has clarified that its recent decision to raise the ceiling of its capital-raising authority from ₦340 billion to...
CBN Issues New Directive on Minimum Paid-Up Capital for Banks and Financial Holding Companies
Abuja, Nigeria – The Central Bank of Nigeria (CBN) has issued a fresh directive providing clarity on the computation of minimum paid-up capital for...
NNPC Limited Posts ₦5.4 Trillion Profit After Tax, Revenue Hits ₦45.1 Trillion in 2024
Abuja, Nigeria – NNPC Limited has reported a profit after tax of ₦5.4 trillion for the 2024 financial year, alongside a revenue increase to...
Africa Is No Monolith: Crafting Tech Solutions That Truly Fit the Market
Africa’s technology landscape is often discussed as a single, homogenous market, yet this perception obscures the continent’s staggering diversity in culture, infrastructure, and consumer...
Snapchat Introduces Age Verification in Australia Ahead of Under-16 Social Media Ban
Sydney, Australia – Snapchat has begun implementing age verification measures for its Australian users as the country prepares to enforce a government-mandated social media...
