Dangote Refinery Valuation to Soar Past $13.8bn on Completion
The European Union is looking for alternative sources of refined products as a result of the sanctions imposed on Russian…
Day: December 8, 2022
Crude Oil : NSA says Nigeria Might Lose $23 billion in 2023.
Major General Babagana Monguno, the National Security Adviser, has cautioned that if crude oil theft continues in the nation, the…
The Trump Organization was Found to have Engaged in Tax Fraud.
The legal difficulties facing the former U.S. President as he runs for the office again in 2024 have been made…
Israel’s New 5G Mobile Auction Aims to Benefit “smart” Cities.
Israel launched its second 5G tender and urged mobile companies to increase the deployment of fifth-generation sites to enable “smart”…
European Technology Sector’s Market Value Declines by $400 billion.
According to a report from venture capital firm Atomico, the European tech sector lost $400 billion in value this year…
South Africa: GDP Grows by 1.6%
According to statistics released by Statistics South Africa, the agriculture, forestry, and fishing industries performed the best in the country’s…
Ghana: Germany Pledges an Economic Grant of €82 million.
The Federal Republic of Germany’s government has pledged to give grants totaling about €82 million to important sectors of the…
Nigeria: UN, FG Select 13 States for Agric Programme.
In collaboration with the Federal Government, the Food and Agricultural Organization of the United Nations has chosen 13 states for…
China’s Trade Suffers Worst Slump.
In November, China’s exports and imports declined at their fastest rate in at least two and a half years as…
Nigeria, Saudi Arabia Sign MoU on Aviation Security.
A Memorandum of Understanding was signed by the Nigerian and Saudi Arabian air accident investigation bodies in order to exchange…
Ghana: Debt exchange: Financial stability fund confidence booster.
PricewaterhouseCooper’s, an accounting and advisory firm, has applauded the government’s proposal to create an investor protection fund, which would serve…
Equinix Announces an Expansion Strategy Six Months after Purchasing MainOne for $320 million.
The supply chain, cybersecurity, and hiring segments of Equinix’s 2022 Global Tech Trends Survey were focused on 100 business leaders…
Nigeria National Assembly Suspends Contentious Workers’ Pension Bill.
At the House of Representatives, there was debate over a bill that sought to exclude National Assembly employees from the…
Bank of England to add 50 bps to Bank Rate on Dec. 15.
Despite the economy entering a recession, the Bank of England will increase Bank Rate by another 50 basis points, bringing…
MRS Holding Provided $300m to NNPC for Chevron Assets – Bloomberg Report.
According to a Bloomberg report, Sayyu Dantata, a member of one of the richest families in Nigeria, funded the Nigerian…
In Nigeria’s Second 5G Licensing Round, Airtel was the Only Bidder.
Following the failure of another company to pay a deposit required to continue the auction, Airtel Africa (AAF. L) was…
Nigeria: FG Recoups N120 billion from Criminal Proceeds.
Following the passage of the Proceeds of Crime (Recovery and Management) Act, 2022, the Federal Government reported that it had…