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Nigeria: Nigerian Mogul To Boost Agribusiness In Niger State

Aliko Dangote, president of the Dangote Group, says that the company will invest U.S.$450 million in agriculture in Niger State over the next three years. By Ahmed Tahir Ajobe Minna — A Memorandum of Understanding between Dangote Group and Niger State government would be signed today for a $450million investment …

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Ghana: Ofori-Atta pushes for Ghana as an International Financial Centre

Finance Minister, Ken Ofori-Atta, has said with a stable political climate, sustained macroeconomic indicators, an advantageous geographical positioning, and strengthened local banks, the country can become an international financial centre, in sub-Saharan Africa. “There is an opening for an international financial services centre in sub-Saharan Africa and north of South …

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China’s WeChat, Weibo and Baidu under investigation

The Cyberspace Administration said people had been using the three platforms to spread terror-related material, rumours and obscenities. The breaches “jeopardised national security,” the administration said. China’s authorities heavily censor the internet, routinely blocking content or search terms they consider sensitive. Weibo is a Twitter-like microblogging site, WeChat is an …

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First National Bank’s magnificent international pedigree

First National Bank is now in Ghana bringing with it the pedigree of one of Africa’s largest and most accomplished financial service group’s. TOMA IMIRHE & ELORM DESEWU unravel its corporate identity and the promise the bank offers to institutions, enterprises and households in Ghana in an interview with Victor …

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Ghana: Bankers call for stronger enforcement of regulations

The central bank must assert its authority and stringently enforce its regulations if the country is to have stronger financial institutions for sustained economic growth, a number of bankers have told the B&FT. As long as recalcitrant banks and other financial institutions get away with breaches, the industry will continue …

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