Friday, October 22, 2021
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    Bloomberg News

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    Coca-Cola Nigeria unit triples E-commerce sales as youthful population surges

    Coca-Cola Co.’s Nigeria unit said it has seen a threefold increase in e-commerce sales this year after virus-induced lockdowns inspired a change in consumer...

    Cryptocurrency investors sell-off Bitcoin assets after China reiterates crackdown warning

    Bitcoin resumed its selloff Friday after China reiterated a warning that it intends to crack down on cryptocurrency mining as part of an effort...

    Mambilla’s 13,000MWs stalled as Legal dispute hampers plans to access Chinese project funding

    Plan for giant hydropower plant dates back to early 1970s A Nigerian company that lost out on a contract to build a multibillion-dollar hydropower plant...

    Nigeria Wealth Fund Trims Bond and Tech Bets Amid Warnings

    NSIA CEO says he favors pharmaceutical and aviation shares Fund has taken a more cautious stance after U.S. yield spike The Nigeria Sovereign Investment Authority is...

    The Big Question: Can Nigeria Be Saved?

    A Q&A with John Campbell, former U.S. ambassador to Nigeria, on the existential challenges facing Africa’s biggest economy.

    Ultra-low interest rates to stay: A 2021 guide for global central banks

    China, India, Russia and Mexico are among those predicted to cut their benchmarks even further. Only Argentina and Nigeria are forecast to raise rates

    Nigeria’s Biggest Pension Fund Manager Eyes Naira Boost, Infrastructure Investment in 2021

    Stanbic IBTC Pension Managers aims to invest in infrastructure Boosting local industries could help reduce demand for...

    Musk Says It’s ‘Impossible’ to Take Tesla Private, Mulls New IPO

    (Bloomberg) -- Billionaire Elon Musk said it’s “impossible” to take Tesla Inc. private now even though he would have liked to spend more time...

    Nigeria’s Biggest Lender Access Bank in Talks to Buy Atlas Mara Assets

    By Vernon Wessels and Dinesh Nair Access Bank in talks for Zambia, Botswana, Zimbabwe businesses Diamond’s Atlas Mara disposing of assets amid debtholder talks Nigeria’s biggest...

    Nigeria Venture Plans to Raise $1.2 Billion to Fix Power Gap

    With less than a 10th of Nigeria’s 41 million households have their electricity consumption metered, and half of those are faulty, according PricewaterhouseCoopers, a...

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