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ILO Warns that Nigeria’s Unemployment Rate Could Increase.
The International Labor Organization has issued a dire warning that millions of people in Nigeria and other!-->…
PoS Operators Reject Raising the Service Fee.
In response to the Central Bank of Nigeria's decision to review the cash withdrawal limits for automated teller!-->…
National Assembly Resumes, with a Priority on Restructuring the N23.7tn Loan.
The National Assembly will reconvene after its holiday recess to address outstanding matters of national!-->…
Officially, the NLNG Bonny Plant is Still Functioning.
According to the Nigeria LNG Limited, despite a force majeure declaration made in October 2022 and issues with!-->…
The Licensing for Oil Blocks will End in April – Nigeria FG.
The Federal Government declared that the seven deep offshore open oil blocs licensing round, which started on!-->…
Market Value Decreases by N89.14 billion.
The market capitalization of the Nigerian Exchange Limited's stock market decreased by N89.14 billion, signalling!-->…
The World Bank Chooses BoI to Allocate Funds for MSME
According to the Bank of Industry, the World Bank has approved its nomination as the national provider of the!-->…
World Bank Attributes The Decline in Oil Production to Technical Issues.
According to the World Bank, the 40% decrease in Nigeria's oil production last year was caused by technical!-->…
Nigeria and Spain are Increasing their Gas Investment.
The Federal Government has begun discussions with the Spanish government to encourage investment in the petroleum!-->…
FG and Airlines Meet in Court Regarding Nigeria Air.
At the Federal High Court in Lagos, attorneys for the Federal Government and the domestic airlines are anticipated!-->…
Chevron Suing Rita Lori and Others for N300m in Legal Costs.
Rita Lori Ogbebor and other individuals have been brought before the Delta State High Court in Warri by!-->…
3D Printing Expands to New Heights.
Home construction has been elevated by the use of 3D printers. The massive, more than 12-ton printer is producing!-->…
Nigeria Federal Government Invests in Four Private Refineries.
According to the federal government, it has strengthened partnerships with refinery owners in the private sector!-->…
Kenya: Vivo Controls the First Quarter of 2022’s Sales of Fuel.
In the fiscal year that ended in June 2022, Vivo Energy Kenya, a retailer of Shell-branded fuels, was responsible!-->…
Tanzania: Businesses are Cautiously Optimistic About 2023.
The business community is cautiously optimistic about the economic environment in 2023. They think the future is!-->…
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!-->…
Export-related Loans Reached N44 billion.
The intervention funds allocated by the Central Bank of Nigeria under its Export Facilitation Initiative increased!-->…
Why Nigerian Ships are Unable to Lift Crude-Ex-COMD-NNPC.
According to Kon Bob-Manuel, a former general manager of shipping and terminal operations for the Nigerian!-->…
Nigeria Records N170.2 Trillion In Foreign Trade In 5 Years.
According to analysis of National Bureau of Statistics (NBS) reports, trade between Nigeria and other nations!-->…
Ventures Platform Fund Exceeds $40 million Goal.
Ventures Platform, a pan-African venture capital firm that supports the next generation of African technology!-->…
TLG and UGFS: First Close for Tunisia-based Empower Fund.
The Empower Fund, created by the CDC Tunisia, has announced its first close, according to UGFS and TLG Capital.!-->…
Sahel Capital Withdraws its Investment in L&Z Farms.
According to a statement from L&Z Integrated Farms Limited, an integrated dairy processing business in!-->…
Plension Capital Firm Launches and Discloses First Transaction.
Plesion Capital announced its establishment as a social impact venture capital company dedicated to collaborating!-->…
SPE Capital Purchases the Majority of Vital to AIF I’s portfolio.
SPE Capital, an investment company with a focus on Africa and the Middle East, announces the acquisition of a!-->…
Tanzania: Oil Traders Forecast that Local Gasoline Prices will Stabilize 2023.
The year 2023 began with petroleum products moving in a variety of directions, predictions for the stability of!-->…
Nigerian Market will Benefit from Canadian Real Estate Policy.
According to stakeholders, Canada's decision to ban foreign real estate investors will have a positive effect on!-->…
NIMASA: The Key to Effective Port and Flag Administration is Standardized Digital…
According to Dr. Bashir Jamoh, Director General of the Nigerian Maritime Administration and Safety Agency!-->…
The closure of Naira Cards alarms Traveling Bank Customers.
Nigerians won't be able to use their Naira debit cards for international transactions as the continent's largest!-->…
The Niger Government Enacts a N243 billion Appropriation Bill.
The 2023 appropriations bill, totaling more than N243 billion, has been signed into law by Niger State Governor!-->…
Nigeria Debt Profile: 28 Governors Accrue N5.8 trillion in Debt.
In the midst of the current economic crisis, the minister of the Federal Capital Territory and the 28 governors of!-->…