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West Africa Business News
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West Africa business news as they happen on News Central
Top Chinese Banks Set to Begin Operations in Nigeria
The Chinese Ambassador to Nigeria, Cui Jianchin, says he is in talks with Chinese-owned banks to establish operations…
Five Nigerian Banks Paid ₦1.4bn Forex Infraction Fines in H1 2021
Five top commercial banks in Nigeria have reportedly paid a total sum of N1.4bn as penalties to financial…
Zimbabwe Woos Investors with $200M U.S Bond Sale
Zimbabwe is seeking to raise $200 million in a debut, domestic US dollar bond sale on its stock…
Nigerian Manufacturers Lament Overregulation by Government Agencies
Members of Nigeria’s manufacturing sector, the Manufacturers Association of Nigeria are complaining about the multiple regulation on a…
African Infrastructure Investment Managers Acquires Stake in Sodigaz
Foreign Direct Investment outflow could be warming up on the African continent. An example is seen with African…
Inflation in Ghana Rises for the Fourth Consecutive Month
Inflation in Ghana has risen for a fourth straight month with food inflation, the largest contributor to the…
Commerce Moves Up as Nigeria’s Autocheck Acquires Cheki Kenya and Uganda
Commercial activities are revving up in Africa. A Nigerian company is moving into East Africa. Nigeria’s Autocheck, the…
Nigeria Stock Market Starts Week With N4 Billion Loss
On Monday, Nigeria’s stock exchange began trading for the week in a gloomy tone, with market indices falling…
Eni Announces Major Oil Discovery in Ivory Coast
The Italian energy group Eni has announced the discovery of 2 billion barrels of oil in the offshore…
Multichoice Ordered to Pay Nigeria ₦900Bln Tax Backlog
Multichoice Nigeria Limited, the owners of cable television services, DSTV, has been directed to pay 50 per cent…