Ghana Faces Three-Week Power Interruption Due to Reduced Gas Supply from Nigeria
Ghana’s state-owned electricity company, the Electricity Company of Ghana (ECG), has announced a three-week power interruption due to reduced gas…
Day: June 14, 2024
Meta Trims Office Space in Lagos after layoffs
Meta, the parent company of Facebook, Instagram, and WhatsApp, is downsizing its office space in Lagos, Nigeria, following workforce reductions…
Amazon to invest $230 million in generative AI startups globally
Amazon Web Services (AWS) has launched a $230 million fund to support startups globally in accelerating the creation of generative…
G7 partners pledges $420-million-dollar investments for Africa as Nigeria positions
Leaders from the Group of Seven (G7) countries, along with representatives from Italy and the United States private sectors, have…
NDIC Lists Heritage Bank Assets for Sale Nationwide Following License Revocation
The Nigeria Deposit Insurance Corporation (NDIC) has announced the sale of Heritage Bank’s assets nationwide following the revocation of the…
Customs Seizes 26,950 Litres of Smuggled Petroleum Products in Lagos, Ogun States
The Nigeria Customs Service (NCS) intercepted 26,950 litres of petroleum products valued at N19 million in Lagos and Ogun States.…
World Bank, WTO, NITDA Move To Enhance Digital Trade
The National Information Technology Development Agency (NITDA), the World Bank, and the World Trade Organisation (WTO) have joined forces to…
Hyundai Upgrades 2025 Santa Fe
Hyundai has unveiled the fifth generation of the popular Santa Fe, featuring significant upgrades including a new 1.6-liter hybrid engine…
Minister Unveils Nigeria’s Largest Syringe Manufacturer
Dr. Tunji Alausa, the Minister of State for Health and Social Welfare, has called for collaboration among stakeholders in Nigeria’s…
Minimum wage: Our agreement with FG is N250,000 – NLC, TUC
The Organised Labour has firmly stated that the only agreement it recognizes with the Federal Government regarding the national minimum…
NNPCL Calls For Establishment Of Special Court Over Crude Oil Theft
Mr. Mele Kyari, the Group Chief Executive Officer of the Nigerian National Petroleum Company (NNPC), has called on the judiciary…
Money market funds grow by 14% in 5 months
In the first five months of 2024, Nigeria’s money market funds saw a significant increase of 14%, driven by investors’…
Food & Beverage West Africa Show Declared a Huge Success with Over 5,000 Exhibitors
The Food & Beverage West Africa Show, organized by BtoB Event, has been deemed a significant success with a large…
Shelter Afrique Set to Transform into Dynamic Development Bank at 43rd Annual General Meeting
Shelter Afrique Development Bank is set to undergo a significant transformation during its 43rd Annual General Meeting (AGM) in Kigali,…