Business and Economy
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Abia Govt begins disbursement of interest-free loans to 302 farmers
By Ihechinyere Chigemeri-Uwom Umuahia,Oct. 14, 2024 The Abia State Government says it has commenced the disbursement of interest-free loans to…
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Air Peace reacts to report of charges against CEO in U.S.
By Itohan Abara-Laserian Lagos, Oct. 13, 2024 Air Peace has reacted to a report of fraud charge by the U.S.…
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NGX suspends trading of Transcorp shares, investors gain N46bn
By Rukayat Adeyemi Lagos, Oct. 12, 2024 The Nigerian Exchange Ltd. (NGX) has suspended trading in the shares of Transnational…
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APPO Chief calls for unified African voice, warns against EU carbon tax at Energy Conference
CAPE TOWN, South Africa, October 9, 2024 Dr. Omar Farouk Ibrahim, Secretary General of the African Petroleum Producers Organisation (APPO),…
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Huawei disrupts smartphone globally with revolutionary Mate XT; Delivers exclusive samples to Chairman of Zinox- Konga Group, Mr. Leo Stan Ekeh
Huawei, a global technology leader, has introduced a revolutionary new masterpiece to its smartphone lineup—the HUAWEI Mate XT. This groundbreaking…
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Cardoso champions We-Fi Code declaration for women entrepreneurs
ABUJA The Governor of the Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso, has urged stakeholders in the financial ecosystem…
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African Development Bank appoints Dr. Emmanuel Pinto Moreira Director, Special Operations, President’s Cabinet
ABIDJAN, Ivory Coast The African Development Bank Group (www.AfDB.org) has appointed Dr. Emmanuel Pinto Moreira as Director of Special Operations…
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Presidential directives on Nigerian Content has shortened contracting cycle, eliminated middlemen -NCDMB
The Nigerian Content Development and Monitoring Board (NCDMB) announced on Monday that it has eliminated middlemen from the oil and…
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CBN is serious about fair, efficient markets – Cardoso
LAGOS The Governor of the Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso, has said that the Bank’s decision to…
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Afreximbank joins Africa Collective, African Continental Free Trade Area as Host Partner at Davos 2025
DAVOS, Switzerland Africa Collective and the African Continental Free Trade Area (AfCFTA) Secretariat are happy to announce African Export-Import Bank…
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CBN sells US$543.5 million to Authorized Dealer banks in September
The Central Bank of Nigeria (CBN) has sold a total of US$543.5 million (Five Hundred and Forty-Three Million, Five Hundred…
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CBN introduces electronic foreign exchange matching system to curb speculation
CBN Governor, Yemi Cardoso By Kadiri Abdulrahman Abuja, Oct. 3, 2024 The Central Bank of Nigeria (CBN), has announced the…
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Naira depreciates by 8.24% against dollar at official market
By Grace Alegba Lagos, Oct. 2, 2024 The Naira on Wednesday depreciated at the official market, trading at N1,669.15 to…
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Nigeria at 64: Chevron Nigeria partners Nigeria for socio-economic development
As Nigeria celebrates her 64th independence anniversary, Chevron is proud of its partnerships and role in developing its natural resources.…
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Shell appoints new MD for subsidiary
By Yunus Yusuf Lagos, Oct. 1, 2024 Shell has appointed Mr. Ronald Adams as the new managing director of its…
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AfDB offers Morocco $78m in support of African trade
Rabat, Sept. 30, 2024 The African Development Bank (AfDB) said on Monday that it approved financing worth 70 million euros…
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CBN Governor Cardoso champions Africa’s voice at Bretton Woods 80th Anniversary Forum
ABUJA The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has concluded his participation in the high-level Bretton…
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Network International establishes presence in Morocco
CASABLANCA, Morocco Network International (www.Network.ae), a leading enabler of digital commerce in the Middle East and Africa, has officially announced…
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Christian Elders to Tinubu: There’s hunger in Nigeria, crash petrol, electricity prices
Elder statesmen in Nigeria under the aegis of the National Christian Elders Forum (NCEF), have called on the Federal Government…
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New York Africa Chamber of Commerce for launch Friday, September 27, 2024
The trailblazing New York Africa Chamber of Commerce (NYACC) will be launched, Friday, September 27, 2024 at Berkeley College, New…
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Shettima welcomes ExxonMobil’s $10bn dollars investment in Nigeria’s deep-water oil operations
By Salisu Sani-Idris Abuja, Sept. 26, 2024 Vice-President Kashim Shettima has welcomed ExxonMobil’s proposed 10 billion dollars investment in Nigeria’s…
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Allow Dangote to sell petrol directly to marketers, Catholic Archbishop urges Govt
By Chidinma Ewunonu-Aluko Ibadan, Sept. 25, 2024 The Catholic Archbishop of Ibadan Archdiocese, His Grace, Most Rev. Gabriel Abegunrin has…
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CBN further increases interest rate; Cardoso assures that petrol from Dangote will moderate FX pressure
Stories by Kadiri Abdulrahman Abuja, Sept. 24, 2024 The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN)…
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Maritime at UNGA: NIMASA DG engages US Secretary of State, others at partnership for Atlantic Cooperation summit
The Director General of the Nigerian Maritime Administration and Safety Agency, NIMASA, Dr Dayo Mobereola has assured the international community…
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