In 2024, the Abeokuta-Lagos Road will be Renovated.
The Abeokuta-Lagos Road will be renovated in 2024, according to Dapo Abiodun, governor of Ogun State. While officially opening the…
Day: January 11, 2023
The LCCI Foresees a Recession and Hyperinflation in 2023.
According to the Lagos Chamber of Commerce and Industry, weakening consumer demand, spiraling inflation, high energy prices, and tightening monetary…
Tanzania: Businesses are Cautiously Optimistic About 2023.
The business community is cautiously optimistic about the economic environment in 2023. They think the future is promising, but only…
Musk Shatters the Record for the Largest Personal Wealth Loss.
Elon Musk, the Tesla CEO, has a record in the Guinness Book of Records for losing $165 billion of his…
Ruto Delays Construction of Kenya Uhuru’s Priciest Road.
The Sh160 billion Mau Summit highway project has been suspended by President William Ruto, sending contractors and investors of Kenya’s…
Kenya: The Majority of NSE Companies do not Pay Dividends.
In the most recent financial year cycle, almost half of the Nairobi Securities Exchange (NSE) listed companies did not pay…
Nigeria: Group Tackles FG on $1bn Ogoni Clean-up.
The federal government has been charged by the Movement for the Survival of the Ogoni People with being dishonest in…
Following a Fed Inflation Nudge, Global Shares Decline.
The first decline in global shares in three days occurred as a result of remarks made by two Federal Reserve…
Export-related Loans Reached N44 billion.
The intervention funds allocated by the Central Bank of Nigeria under its Export Facilitation Initiative increased to N44. 58 billion…
Rivers Community Discovers Illegal Crude Oil Pipeline.
Authorities in Rivers State’s Tai Local Government Area claim to have found a pipeline that illegal refineries used to steal…
Nigerian Passport Drops 38 Spots in the World Ranking.
In a ranking of all passports over the past 17 years, the Nigerian passport has dropped 38 positions. From 62nd…
Nigerian FG Distributes N173 billion for a Consistent Fuel Price.
According to information obtained from the Federal Ministry of Petroleum Resources, the Federal Government spent about N173. 2 billion between…