Afreximbank Pan-African Payment And Settlement System (PAPSS) Explained
On the 28th of September, 2021, the Afreximbank in conjunction with the African Continental Free Trade Area (AfCFTA) secretariat officially…
Day: January 24, 2022
Dangote Refinery And Fertiliser Projects To Kick Off Before September
Alhaji Aliko Dangote, President of Dangote Group, says the Dangote Refinery and Fertiliser projects will come on stream before the…
Non Fungible Token Marketplace “OpenSea” Lose Coin To Hackers
The world’s largest Non Fungible Token marketplace, OpenSea, has reportedly lost 332 Etherium to hackers on Monday. This amounts to…
Nigerian Breweries List Additional Shares
Additional 78,929,849 ordinary shares of 50 kobo each of Nigerian Breweries Plc (Nigerian Breweries or the Company) were today, Monday,…
Adiwale takes minority stake in West Africa drilling services company
Adiwale Partners, a private equity firm focused on Francophone West Africa, picked up a minority stake in Maintenance Climatisation Technique…
Toshiba Halts Operations At Chip Plant After Quake
Toshiba Corp said on Monday that it had suspended operations at a plant in Oita, southern Japan that makes semiconductors…
China Regulator Calls To Protect Minors Against Pornography
China’s State Administration for Market Regulation has called to strengthen protection of minors against food products containing hints of pornography…
Nigeria: Eko Electricity Distribution Company Appoints New Chairman
The Eko Electricity Distribution Company (EKEDC) has announced the appointment of Oritsedere Otubu as its new Chairman, to consolidate on…
QED Investors Hires Two Investment Professionals To Boost Africa Plans
QED an investment firm based in Alexandra, Virginia in the United States of America announced that it has recruited two…
Nigeria Stock Exchange Investors Gain N840bn In A Week
Investors in the Nigerian stock market saw the worth of their shares rise by N840bn last week as 47 firms…
World Bank And African Development Bank Approved The Sum Of $2.83Bn To Nigeria In 2021
The World Bank and the African Development Bank approved a total sum of $2.83bn to Nigeria in 2021, It has…
CBN Place Telecommunication Sector On Forex Priority List
The deployment of fifth generation technology has got a boost from the Federal Government. Federal government through the Central Bank…
Nigeria: Dangote Record $1.3 Billion Fortune Boost
Aliko Dangote recorded a boost of as much as $1.3 billion in his fortune in the year to January 21,…