Author: InvestAdvocate

United Capital Weekly Pan African Monitor Friday 17-January-2025

January 17, 2025/United Capital Research Anglophone West Africa Nigeria Nigeria’s headline inflation rate rises to 34.80% in December 2024 The National Bureau of Statistics (NBS) released Nigeria’s CPI Inflation report for December 2024. According to the report, headline inflation rate in Nigeria experienced a slight increase, reaching 34.80%. This marks […]

Prosper Africa, Afreximbank Announce New Partnership to Mobilize Trade Opportunities between the US, Africa

The MoU outlines several key areas of collaboration, including, capital access facilitation, technical and transaction advisory support for creative deals, SME development for agribusiness and textiles, Creative Africa Nexus, and strategic event collaboration January 17, 2025/Afreximbank – Prosper Africa and African Export-Import Bank have signed a new Memorandum of Understanding […]

EFCC Set to Arraign Oba Otudeko, Ex-FirstBank MD Onasanya Over Alleged ₦12.3 Billion Fraud

January 16, 2025 By InvestAdvocate Lagos (INVESTADVOCATE)-The Economic and Financial Crimes Commission (EFCC) has leveled a damning 13-count charge against Chief Oba Otudeko, Chairman of Honeywell Group, and Olabisi Onasanya, former Managing Director of First Bank, over an alleged fraudulent scheme involving ₦12.3 billion. The charges, filed at the Federal […]