EU Calls for Improved Maritime Security in Nigeria .
The European Union has emphasized the need for improved security measures in the country’s maritime sector through port security in…
Day: April 28, 2023
40.87% of Uganda Government Debt is Held in Shillings.
The Ministry of Finance reported that the percentage of total debt held in shillings was 40.87 percent, followed by that…
The Purchase of EABL Shares by Diageo Offers Brokers a Boost.
UK multinational Diageo’s recently completed additional purchase of 22.7 billion shillings of EABL shares helped generate millions of dollars in…
Nigeria’s NNPC and Norway’s Golar Sign Contract for Floating LNG Facility.
Nigeria’s state-owned oil company, NNPC Ltd, announced that it had signed a memorandum of understanding with Norwegian business Golar LNG…
Exxon to Reopen Operations in Nigeria after Strike Ends.
ExxonMobil (XOM.N) has resumed operations at its Nigerian facility following a labor deal with its internal union on wages and…
In the Africa Trade Barometer Report, Nigeria Dips to Seventh Position.
Nigeria dropped one spot from sixth to seventh place on the Qualitative Trade Barometer (QTB) rankings, placing eighth out of…
A Tomato Shortage is Imminent as Farmers Lose N1.5 billion to Pest Disease.
Over 500 farmers lost a 300-hectare field worth N1.5 billion to the tomato Ebola known as “Tuta Absoluta,” which is…
Malami Rejects Allegations of a $2.4 billion Loss from Crude Oil Sale to China.
Abubakar Malami, the Attorney General of the Federation (AGF) and Minister of Justice, has refuted reports that the alleged unlawful…
FG Prepares a Supplementary Budget while NEC Postpones Subsidy Elimination.
The Federal Government was requested by the National Economic Council in Abuja to postpone the June deadline for the elimination…
HH Capital, Owned by Elumelu, Ups its Stake in Transcorp to 26%
Tony Elumelu, the chairman of Transcorp Corporation Plc, boosted his ownership in the company through HH Capital Limited, where he…