Business and Economy
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We’ve saved N220 million on monthly wage bill – Abia govt
By Ihechinyere Chigemeri-Uwom Umuahia, July 18, 2023 Abia government says it has saved N220 million on monthly wage bill through its…
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Dangote Cement increases capacity with new plants in Nigeria, Cote d’Ivoire, Ghana
…To roll out new plants in Nigeria, Cote d’Ivoire, Ghana. Dangote Cement has concluded plans to expand its production capacity…
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NCDMB reiterates commitment to oil, gas mandate implementation
By Lucy Ogalue/Emmanuella Anokam The Nigerian Content Development and Monitoring Board (NCDMB) has reiterated its commitment to ensure full implementation…
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Konga turns 11, promises shoppers mouthwatering offers
Konga, Nigeria’s leading composite e-commerce giant, is gearing up to celebrate its massive customer base and other Nigerians with an…
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Zinox to invest $250m on renewable energy, retrain over 500 Nigerian engineers nationwide
ZINOX Technologies Limited, one of Africa’s leading integrated technology group, has unveiled a plan to invest over $250,000,000 after years…
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2 FGN savings bonds ready for subscription – DMO
By Kadiri Abdulrahman Abuja, July 3, 2023 The Debt Management Office (DMO) has listed two Federal Government of Nigeria (FGN)…
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Monday Market: Zulum asks committee to fast-track reconstruction
… Wants original master plan used … Happy with rebuilding works Governor of Borno State, Babagana Umara Zulum, has charged…
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AfDB approves $115m loan to Abia for road rehabilitation, erosion
By Lucy Ogalue Abuja, July 1, 2023 The Board of Directors, African Development Bank (AfDB), has approved a loan of…
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Afreximbank, Ghana Railway Company to develop Western Railway Corridor to boost Trade and Industry
ACCRA: The African Export-Import Bank (Afreximbank) and Ghana Railway Company, the national railway operator of Ghana, have signed a…
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Bloomberg rates Aliko Dangote richest man in Africa with $15.6bn
…Emerges the only Nigerian among six Africans in the top 500 Index President of Dangote Group, Aliko Dangote remains the…
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Afreximbank and UTM Offshore to develop Floating LNG project in Nigeria
ACCRA The African Export-Import Bank (Afreximbank) and UTM Offshore Limited have signed a Project Preparation Facility Agreement to develop, design,…
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NLNG empowers journalists with digital communication skills at #NLNGChangeYourStory Workshop
Nigeria LNG (NLNG) Limited has successfully concluded the 2023 #NLNGChangeYourStory workshop for journalists, aimed at enhancing their digital communication and…
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Exploration of palm oil will increase sector’s GDP – Expert
Mr. Leke Oluwatosin CEO, LSX Integrated Agro Processing By Mercy Omoike Lagos, June 26, 2023 An agriculture investor, Mr. Leke…
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Nigeria’s public debt hits N49 trillion
By Kadiri Abdulrahman Abuja, June 25, 2023 The Debt Management Office (DMO) said the total public debt stock of Nigeria as…
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Eid celebrations: Errand company, HELPMEWAKA, offers Diasporans opportunity to send live rams to loved ones in Nigeria, Ghana
HELPMEWAKA, a highly efficient errand company that serves Diasporans, especially Nigerians and Ghanaians, is offering an irresistible package for those…
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Titans of business recognised at Afreximbank Pan-African Business and Development Awards
– The inaugural awards ceremony comes as African Export-Import Bank (Afreximbank) celebrates its 30th anniversary this year – Aliko Dangote GCON, Chairman &…
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21 Days of Y’ello Care: MTN hosts exhibition for 50 SMEs
By Stellamaris Ashinze Lagos, June 22, 2023 MTN Nigeria on Thursday held a bazaar and trade fair for 50 Small…
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NLNG team visits Rivers Governor, assures on completion of 38km Bodo/Bonny Island road
Managing Director of NLNG Limited, Dr Philip Mshelbila has said that the 38km road from Bodo to Bonny Island, currently being…
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Dangote, Ethiopian Airlines, others bag awards at Afreximbank’s Pan-African business, development awards
By Okeoghene Akubuike Abuja, June 20, 2023 Aliko Dangote, Chairman and Chief Executive Officer of Dangote Group has won the…
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FG, Enugu Govt. to partner on completion of Akanu Ibiam Int’l Airport
By Alex Enebeli Enugu, June 19, 2023 The Federal Government and Enugu State government say they will partner to complete…
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ExxonMobil announces new Chairman/Managing Director in Nigeria
By Sunday Bassey Eket (Akwa Ibom), June 19, 2023 ExxonMobil has announced Mr. Shane Harris as new Chairman and Managing…
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Afreximbank launches Insurance subsidiary to support intra-African trade
Accra, 18 June 2023: The African Export-Import Bank (Afreximbank) Sunday in Accra, Ghana, launched its wholly owned insurance management services…
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CBN issues further guidance on operational changes to foreign exchange market
Following the Central Bank of Nigeria (CBN)’s press statement of June 14, 2023, on new guidelines in the foreign exchange…
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Samsung: Konga extends discounts, free delivery, installation offer based on popular demand
Konga, Nigeria’s leading composite e-commerce giant, has extended till Friday June 30, 2023, the special offers made available to shoppers…
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Oil theft allegations: Army, Navy tackle Asari Dokubo, challenge him to produce evidence
By Sumaila Ogbaje Abuja The Nigerian Army and Navy have reacted to allegations by ex-Niger Delta militant leader, Asari Dokubo,…
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