First HoldCo Plc, the parent entity of one of Nigeria’s largest commercial bank, First Bank, has secured regulatory approval from the Central Bank of Nigeria to launch a major $1 billion equity offering. First HoldCo Plc received regulatory approval to launch a $1 billion equity offering from the Central Bank of Nigeria. This move is…
Morocco has found itself at the centre of international attention over the past week after a surge in attempted migrant crossings into Spain’s North African enclave of Ceuta prompted renewed scrutiny of a proposed $40 million US funding package and refocused attention on one of Africa’s longest-running territorial disputes. A recent surge in migrant crossings…
BUA Foods, the food manufacturing company controlled by Africa’s fourth-richest man, Abdul Samad Rabiu, has grown its total assets beyond $1.2 billion (₦1.67 trillion), underscoring the scale of its ongoing expansion despite a slowdown in revenue growth. BUA Foods has grown its assets beyond $1.2 billion as it accelerates a major expansion across Nigeria’s food…
