CAB Payments shareholders feel misled over risks after flop float November 6, 2023 RC Brown and Polar Capital, two investment funds, are understood to be among those alleging that the risks in CAB’s West African markets were not fully disclosed.
CAB Payments chair seeks to reassure investors after share dive October 29, 2023 The chairwoman of CAB Payments has sought to reassure investors over the newly listed fintech firm's prospects after its shares plunged last week.
CBDCs need kicking into the long grass to allow Bitcoin’s potential to flourish November 4, 2022 Jason Deane is left scratching his head at the news narratives this week, but Bitcoin is looking like a certainty in an uncertain world.
E-naira: Digitising Nigeria, improving lives, and advancing national infrastructure August 25, 2021 Nigeria is more amazing than the world realises, and the nation deserves far more attention, says Alex Lightman.
Think Bitcoin is under-priced? Not if you’re Nigerian February 19, 2021 Crypto AM's Monty Munford reflects on a night in Lagos and how Nigeria will triumph over adversity as it sets its sights on Bitcoin.
Lagos imposes 24-hour lockdown amid protests against Nigeria’s police October 20, 2020 Lagos imposes 24-hour lockdown amid protests against Nigeria's police
British expertise can unlock investment opportunities across the world August 5, 2019 Stood in a power plant in Lagos, Nigeria, I heard how UK aid has helped supply electricity to 300,000 people. It is powering street lights, schools, hospitals. It is critical to Nigerians receiving healthcare, an education, accessing jobs, and lifting themselves out of poverty. Last week, I travelled to Nigeria in my new role as [...]
PZ Cussons remains cautious over full year outlook due to challenges in Nigeria December 13, 2018 Consumer goods manufacturer PZ Cussons reported good performance in Europe and Asia in its half-year results, but warned of challenging trading conditions in Africa. PZ Cussons, which owns brands such as Imperial Leather and Original Source, said new products and increased distribution had driven its strong trading in the six months to the end of [...]
Africa’s richest man Aliko Dangote wants to buy Arsenal FC and “turn it around” September 22, 2016 Africa's richest man Aliko Dangote wants to buy Arsenal within three to four years and turn the club's fortunes around. The Nigerian cement magnate, worth an estimated £8.4bn, says he has no doubt he has the capital to complete a full takeover of the Premier League. And the Arsenal fan believes he has the business [...]
Diageo’s sales fail to fizz but growth on track to meet 2017 target July 28, 2016 Smirnoff and Guinness drinks maker Diageo reported net sales growth in its full-year results today and has said it is on track to deliver on its 2017 growth plans. The figures Net sales grew 2.8 per cent at the alcoholic drinks giant, in line with expectations, though reported net sales declined three per cent as organic growth and [...]