Business and Economy
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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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Azu’s book on monetising media writing: An entrepreneur’s perspective By Max Amuchie
In December last year on my last day of work before Christmas I sat alone in my office in Abuja…
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Heirs Holdings inaugurates HH Group Directors’ Annual Summit
….Convenes over 100 HH Groupwide Board Members – Celebrates “HH Impact” Lagos, Nigeria Heirs Holdings (HH), the leading pan-African investment…
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Plan to buy new presidential jets, extreme insensitivity to Nigerian peoples’ struggles – Peter Obi
Presidential candidate of the Labour Party (LP) in the 2023 general election, Mr. Peter Obi, has said that the plan…
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Afreximbank’s Annual Meetings 2024 calls for Africans across the globe to unite
NASSAU, The Bahamas, June 13, 2024 Heads of State, Ministers, government officials, and renowned captains of industry were among the…
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Dismantle all obstacles to full implementation of AfCFTA – Africa Economic Summit 2024
Dismantle all obstacles to full implementation of AfCFTA – Africa Economic Summit 2024 Participants at the 3rd Africa Economic Summit…
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Fitch upgrades Fidelity Bank’s rating to ‘Positive’
Fitch Ratings has revised the outlook on Fidelity Bank PLC’s Long Term Issuer Default Rating (IDR) to Positive from Stable,…
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Alleged inflated subsidy claims are ridiculous, false – NNPC Ltd
The Nigerian National Petroleum Company Limited (NNPC Ltd) has dismissed as ridiculous and false reports that it inflated subsidy claims…
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Japan Govt. inspects Honda headquarters over vehicle test fraud
Tokyo, June 10, 2024 Japan’s transport ministry has inspected Honda Motor Co.’s headquarters in Tokyo after the company and other…
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Minister hails NCDMB, Nedogas strategic partnership; Lists benefits of Gas Gathering Facility
Minister of State for Petroleum Resources (Gas), Rt. Hon. Ekperikpe Ekpo, has commended the Nigerian Content Development and Monitoring Board…
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UN General Assembly President, Mr. Dennis Francis, to attend Water Conference in Dushanbe, Tajikistan
New York, 7 June 2024 The President of the United Nations General Assembly (PGA), His Excellency, Mr. Dennis Francis, will…
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NETCO posts 137% increase in operating profit for 2023
…Targets 5% increase in Market Share through EPC Projects The NNPC Engineering and Technical Company (NETCO), a subsidiary of…
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No plan to revoke more bank licences – CBN
By Kadiri Abdulrahman Abuja, June 4, 2024 The Central Bank of Nigeria (CBN) says it has no plan to revoke…
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UK’s new trade scheme still in force
..With the Developing Countries Trading Scheme (DCTS), Nigeria can continue to trade tariff free with the UK on over 3000…
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Why CBN shut down Heritage Bank with immediate effect
The Central Bank of Nigeria (CBN), has said that it has revoked the banking license of Heritage Bank with immediate…
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Zenith Bank emerges Most Sustainable Bank in Nigeria in the International Banker Awards 2024 for second consecutive year
Zenith Bank Plc has been named the “Most Sustainable Bank, Nigeria” in the International Banker 2024 Banking Awards, retaining the…
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Aliko Dangote’s noble quest for Africa’s self-sufficiency and prosperity By Abiodun Alade
Africa is a resource-rich continent but relatively poor in terms of manufacturing goods. According to the 2023 African Trade Report…
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Blood, History, Economics – And Stevie Wonder By Paul Nwabuikwu
Last week, global music icon Stevie Wonder became a Ghanaian citizen. The multi-Grammy-winning singer, born Steveland Morris, celebrated this milestone…
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