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Editor

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Nigeria retains its position at the forefront as Venture Capital fundraising...

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...In 2023, 136 such companies raised approximately US$485 million, accounting for 27% of the total number of unique companies backed by venture capital. TUE, MAR...

Africa Finance Corporation raises US$1.16 billion syndicated loan, its largest ever,...

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TUE, MAR 26 2024-theGBJournal|Africa Finance Corporation (AFC), the leading infrastructure solutions provider in Africa, has announced the successful close of its largest ever debt...

Big Picture| More equities for pension funds?

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...During these four months pension funds increased their total assets by 12.6% to N19.5 trillion (US$13.5bn at the NAFEM rate last Friday) TUE, MAR 26...

Latest AVCA report reveals sub-regions, countries, and sectors that have cemented...

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...Africa attracted a combined US$4.5 billion in venture capital and venture debt investment in 2023, across 603 deals. ...West Africa maintained the top spot for...

Markets Wrap| T-bills yield settles 3bps lower at 17.7% as Bonds...

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MON, MAR 25 2024-theGBJournal| The Fixed income market finished Monday with contrasting sentiments with bears feasting on the bonds market just as Treasury bills...

NGX benchmark index retreats as Naira firms by 1.7% to N1,408.04/US$

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MON, MAR 25 2024-theGBJournal|The Nigerian equities market opened the week’s trading on a bearish note as profit-taking activities in DANGSUGAR (-10.0%) and TRANSCORP (-8.4%)...

National Security Adviser alerts Interpol as Binance executive, Nadeem ANJARWALLA flee...

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...ANJARWALLA escaped custody on Friday, 22 March 2024, the Office said in a statement. ...''the personnel responsible for the custody of the suspect have been...

Bank of Ghana holds interest rate at 29% as inflation decelerates

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...The decision follows the 100-basis point cut implemented in January 2024, bringing the rate down from 30%. MON, MAR 25 2024-theGBJournal| The Bank of Ghana...

Coronation Group, Access Holdings Plc, Safaricom and M-PESA sign pact aimed...

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...The initial phase of the collaboration will concentrate on pivotal markets, including Nigeria, Kenya, Ghana, and Tanzania. MON, MAR 25 2024-theGBJournal| A transformative collaboration aimed...

British International Investment extends a $100 million finance facility to the...

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...Facility will provide financial support to businesses and financial institutions to increase trade finance activities in Africa. ...Better access to trade finance will support the...