Business and Economy
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Dangote says Company’s projected $30bn revenue will boost the Naira value
President of Dangote Group, Aliko Dangote, on Sunday stated that his company’s aim is to become the leading supplier of foreign…
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Dangote refinery, fertiliser coy to be listed in Q1 2025
By Adeleye Ajayi Lagos, July 14, 2024 The President/Chief Executive, Dangote Industries Ltd., Alhaji Aliko Dangote, said that the Dangote…
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TD Africa partners CISCO on tech-skills development in Nigeria
Lagos, Nigeria In its continuous drive to bridge the widening skills gap in Africa’s technology sector, TD Africa, Africa’s largest…
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Tinubu appoints new MD, Board Chairman for Nigerian Ports Authority
President Bola Tinubu has approved the appointment of Dr. Abubakar Dantsoho as the Managing Director of the Nigerian Ports Authority…
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Inflation: CBN measures making positive impacts – Cardoso
CBN Governor, Yemi Cardoso (middle) during the Business Day CEO Forum 2024 on Thursday in Lagos By Grace Alegba…
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Afreximbank Academy to host training program to assist African corporates to benefit from the African Continental Free Trade Area
CAIRO, Egypt, July 10, 2024 African Export-Import Bank (“Afreximbank”) (www.Afreximbank.com) is pleased to announce the launch of an innovative capacity…
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Zenith Bank wins Best Commercial Bank in Nigeria, Best Corporate Governance Awards at World Finance 2024 Awards
Zenith Bank Plc has emerged as the Best Commercial Bank, Nigeria in the World Finance Banking Awards 2024, retaining the…
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S&P Global tours Dangote Refinery, says it can solve Nigeria’s forex problems, catalyse economic devt
… As Dangote reassures on commencement of petrol production this July International financial analytics corporation, S&P Global, has…
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Who is afraid of Dangote’s Refinery? By MARTINS OLOJA
Aliko Dangote doesn’t need any introduction to Nigerians and indeed Africans. He is generally believed to be the richest man…
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Afreximbank, BSMART Technology expand Afreximbank African Collaborative Transit Guarantee Scheme to cover container deposits, customs bonds in East Africa
Nassau, The Bahamas, 05 July 2024: African Export-Import Bank (Afreximbank) has signed a facility agreement with BSMART Technology Ltd expanding…
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Chevron Nigeria wins Best Exhibitor award at 2024 NOG Energy week
Lagos, July 4, 2024: Chevron Nigeria Limited (“CNL”), operator of the joint venture between the Nigerian National Petroleum Company Limited…
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Oil block licensing: NUPRC gives 48 hours deadline for registration
By Emmanuella Anokam Abuja, July 3, 2024 The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has given 48 hours deadline to…
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NCDMB unveils procedures for implementation of Presidential Directive on Local Content; Highlights recent accomplishments
The Executive Secretary, Nigerian Content Development and Monitoring Board (NCDMB), Engr. Felix Omatsola Ogbe, on Monday in Abuja hailed the…
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NCDMB to achieve 70% local content by 2027 – Executive Secretary
By Emmanuella Anokam Abuja, July 1, 2024 The Nigerian Content Development and Monitoring Board (NCDMB) has reaffirmed its commitment to…
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NNPC Retail debunks “lubricants-for-petrol” claims
.…Launches probe into incident, vows to deal with culprits The NNPC Retail Limited has described as entirely false and…
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Afreximbank signs collaboration Memorandum of Understanding with Caribbean Export Development Agency
NASSAU, The Bahamas, June 28, 2024 African Export-Import Bank (Afreximbank) (www.Afreximbank.com) has entered into a Memorandum of Understanding (MoU) with…
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Recapitalization will create stronger, more resilient banks – Cardoso
…. To support the Government’s economic growth agenda LONDON The Governor of the Central Bank of Nigeria (CBN), Mr.…
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Afreximbank signs two deals totaling US$80 million for Zimbabwe’s CBZ Bank
NASSAU, The Bahamas, June 25, 2024 In two deals signed at the recently concluded Afreximbank Annual Meetings, African Export-Import Bank…
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Cardoso optimistic about taming inflation
.…Says CBN will adhere to conventional methods LONDON The Governor of the Central Bank of Nigeria (CBN), Mr. Olayemi…
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Afreximbank, Banque De Dévelopement des Etats de L’Afrique Centrale sign MoU strengthening cooperation
NASSAU, The Bahamas African Export-Import Bank (Afreximbank) (www.Afreximbank.com) and Banque De Dévelopement des Etats de L’Afrique Centrale (BDEAC), the regional…
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All set for commemoration of Day of the Seafarer in Nigeria
All is set for Nigeria to join other nations across the globe in celebrating the Day of the Seafarer 2024. The Minister…
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NIMC denounces allegations of data compromise
…Advises Nigerians to avoid giving data to phishing sites The National Identity Management Commission (“NIMC” or the “Commission”) has debunked…
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Monthly inflation slows amid CBN policy tightening
ABUJA Nigeria’s headline month-on-month inflation rate slowed for a third time in a row in May 2024, the clearest indicator…
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TotalEnergies’ Ubeta Field ’ll record Nigerian Content successes – NCDMB Executive Secretary
The execution of the Ubeta Field Development Project by TotalEnergies Exploration and Production Nigeria Limited and the Nigerian National Petroleum…
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Afreximbank, Africa CDC pledge US$2 billion facility in support of Africa Health and Pharmaceutical Products Manufacturing
PARIS, London, June 20, 2024 African Export-Import Bank (“Afreximbank” or “the Bank”) (www.Afreximbank.com) and the Africa Centers for Diseases Control…
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