Investment

Financial service conglomerate National Commercial Bank of Anguilla Ltd (NCBA) Group, owned by some of the wealthiest families in Kenya, has disclosed its plans to spin out its fintech division, which includes M-Shwari.  The process will involve creating a standalone business that will offer better digital banking services to its…

Aliko Dangote’s petroleum refinery is the largest single-train refinery in the world and aims to reduce the reliance on imports for most refined petroleum products in Nigeria.  The refinery is set to be commissioned by mid-2023. Dangote has also affirmed that the commissioning will be before the end of Buhari’s…

There are many new investors in the stock market that are having misconceptions regarding their roles as a shareholder. This has set an unrealistic expectation for them, for example, most of them think by owing a portion of a company they are automatically the boss.      A Schwab survey found that…

Money isn’t everything, but happiness isn’t enough to keep the rainy days away. That is why investing is such an important aspect of accumulating wealth. Investing money is a fantastic way to get passive income. There are numerous platforms to grow your money in Nigeria, and millennials are embracing them,…

Global tech giants are pumping billions of dollars into the Metaverse and interestingly, Africa is also positioning to tap into the commercial opportunities of the Metaverse. About two weeks ago, MTN, Africa’s largest telecommunications company, announced that it had bought 144 plots of land in South Africa’s first Metaverse, Africacare.…