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Category: Local

Africans Win At British STEAM Competition
LocalWorld

Africans Win At British STEAM Competition

Three youth teams from Nigeria, Ghana and Kenya have celebrated their achievements at the British International Education Association’s 2021 International…

byakintundeOctober 4, 2021
Nigeria Manufactured Import Exceed Export By 4.3 Trillion
AfricaLocalTrade

Nigeria Manufactured Import Exceed Export By 4.3 Trillion

The value of manufactured goods imported into the country exceeded exports by N4.37tn in the second quarter of 2021, according…

byakintundeOctober 4, 2021
Investors Gain N521.46 Billion
AfricaInvestingLocalMarket

Investors Gain N521.46 Billion

Investors in the Nigerian Exchange Limited equities market recorded N521.46bn gain in September despite losses in 85 firms against 35…

byakintundeOctober 4, 2021October 4, 2021
European Union And German Agency Provide Financial Support To Nigeria Government
AfricaLocalWorld

European Union And German Agency Provide Financial Support To Nigeria Government

The  European Union and the German Agency for International Cooperation on Thursday provided additional £15m as financial support to the…

byakintundeOctober 1, 2021October 1, 2021
Lower-Income Countries Should Avoid High Interest Rate Financing : World Bank
AfricaFeaturesLocalWorld

Lower-Income Countries Should Avoid High Interest Rate Financing : World Bank

The World Bank Group has called on lower-income countries to prioritise concessional financing and avoid the high interest rate financing…

byakintundeOctober 1, 2021
Nigeria Debt Hit N35 Trillion
AfricaLocalMarket

Nigeria Debt Hit N35 Trillion

Nigeria spent N445.4bn on debt servicing payments in the second quarter of this year, the latest data obtained from the…

byakintundeOctober 1, 2021October 1, 2021
E-Naira Won’t Launch On Independence Day: CBN
AfricaLocalTechnology

E-Naira Won’t Launch On Independence Day: CBN

The Central Bank of Nigeria on Thursday announced the postponement of the planned unveiling of the country’s digital currency, e-Naira.…

byakintundeOctober 1, 2021
Nigerians Can Now Access Twitter Without VPN
AfricaBreakingLocal

Nigerians Can Now Access Twitter Without VPN

President Muhammadu Buhari has announced that the suspension on Twitter’s operation in Nigeria has been lifted. The president disclosed this…

byakintundeOctober 1, 2021
NNPC Incorporation Have Been Completed: Corporate Affairs Commission
AfricaLocalMarket

NNPC Incorporation Have Been Completed: Corporate Affairs Commission

The Corporate Affairs Commission (CAC) on Wednesday, said that it has completed the incorporation of Nigerian National Petroleum Company (NNPC)…

byakintundeSeptember 30, 2021
NGX Market Capitalization Gains N382.06 Billion
AfricaLocalMarket

NGX Market Capitalization Gains N382.06 Billion

At the end of Wednesday trading session, the Nigerian Exchange market closed positive amidst sell-offs and buy-interests as the benchmark…

byakintundeSeptember 30, 2021
Shell Nigeria Donates Subsea Training Facilities To University Of Port-Harcourt
AfricaLocal

Shell Nigeria Donates Subsea Training Facilities To University Of Port-Harcourt

Shell Nigeria Exploration Company Limited has announced that it had donated subsea training facilities worth over $700,000, about N287.88m, to…

byakintundeSeptember 30, 2021
OPEC Annual Statistical Bulletin Shows Drop In Nigeria Oil Reserve
AfricaLocal

OPEC Annual Statistical Bulletin Shows Drop In Nigeria Oil Reserve

The 2021 Annual Statistical Bulletin of the Organisation of Petroleum Exporting Countries released on Wednesday showed a drop of 543…

byakintundeSeptember 30, 2021
Instagram Announce Pausing Of Instagram Kids
AfricaLocalTechnologyWorld

Instagram Announce Pausing Of Instagram Kids

Instagram announced that it is pausing its planned version of the social media platform geared towards children under the age…

byakintundeSeptember 29, 2021
Bank for International Settlements Says Digital Currencies Will Reduce The Cost Of Cross-Border Payment
AfricaLocalTechnologyTrade

Bank for International Settlements Says Digital Currencies Will Reduce The Cost Of Cross-Border Payment

The Bank for International Settlements has said digital currencies will reduce the cost of cross-border payments. BIS said this in…

byakintundeSeptember 29, 2021September 29, 2021
Pan-African Payment and Settlement System Set To Boost Intra-African Trade
AfricaLocalTrade

Pan-African Payment and Settlement System Set To Boost Intra-African Trade

African Export-Import Bank (Afreximbank) and the African Continental Free Trade Area (AfCFTA) Secretariat have announced the commencement of the Pan-African…

byakintundeSeptember 29, 2021September 29, 2021
Knowledge Hub 365 Now Offering E-courses In Nigeria
AfricaLocal

Knowledge Hub 365 Now Offering E-courses In Nigeria

Knowledge Hub 365, an enterprise training portal, has begun offering e-courses in Nigeria. In a statement on Tuesday, the company…

byakintundeSeptember 29, 2021
Heifer Nigeria Appoint New Country Director
BusinessLocalWorld

Heifer Nigeria Appoint New Country Director

Heifer International has appointed Rufus Idris as its new Country Director for its Nigeria operations. In a statement issued by…

byakintundeSeptember 29, 2021
House of Representatives Approves N4.89tn New Borrowings
AfricaLocal

House of Representatives Approves N4.89tn New Borrowings

The House of Representatives has passed the 2022–2024 Medium Term Expenditure Framework and Fiscal Strategy Paper as presented by the…

byakintundeSeptember 29, 2021
Naira Exchange At 414.83 To $1 Officially
AfricaLocalMarket

Naira Exchange At 414.83 To $1 Officially

The exchange rate between the naira and the US dollar closed at N414.83/$1, at the official Investors and Exporters window.…

byakintundeSeptember 28, 2021
E-Naira Website Goes Live Ahead Of October 1st
AfricaLocalTechnology

E-Naira Website Goes Live Ahead Of October 1st

The Central Bank of Nigeria’s eNaira website has gone live ahead of October 1 official launch. According to the website,…

byakintundeSeptember 28, 2021
SEC Considers Regulation Of Fintech Operations In The Capital Market
AfricaLocalTechnology

SEC Considers Regulation Of Fintech Operations In The Capital Market

The Securities and Exchange Commission, SEC, is considering the regulation of fintech operations in the capital market in order to…

byakintundeSeptember 28, 2021
Oil Prices Climbed To The Highest Level In Three Years
AfricaLocalMarket

Oil Prices Climbed To The Highest Level In Three Years

Oil prices climbed, Tuesday, to the highest level in three years on mounting expectations that the global natural gas crisis…

byakintundeSeptember 28, 2021
E-Naira Will Aid Revenue Collection: CBN
AfricaBankingLocalMarketTechnology

E-Naira Will Aid Revenue Collection: CBN

The Central Bank of Nigeria has said the e-Naira will provide a secure and cheaper Diaspora remittance option, this was said…

byakintundeSeptember 28, 2021
Nigerian: Investors Record  N51.03 Billion Loss
AfricaInvestingLocalMarket

Nigerian: Investors Record N51.03 Billion Loss

  Stock market activities on Monday declined as trading volume and value of shares dropped by 77.99 per cent and…

byakintundeSeptember 28, 2021
Chartered Institute of Stockbrokers To Hold Session On Marketing Magic: The Art Of Marketing In Digital Age For It’s Member
AfricaInvestingLocal

Chartered Institute of Stockbrokers To Hold Session On Marketing Magic: The Art Of Marketing In Digital Age For It’s Member

The Chartered Institute of Stockbrokers has said it plans to hold a capacity building session on modern techniques of marketing…

byakintundeSeptember 28, 2021September 28, 2021
Nigeria: SuperTv Launch Zero Data Streaming App
AfricaLocalTechnology

Nigeria: SuperTv Launch Zero Data Streaming App

The SuperTV has launched an online movie streaming terrain with matchless Zero Data as Nigeria marks 61st independence. A statement…

byakintundeSeptember 27, 2021
Uphold Quality Standards:Standard Organisation Of Nigeria
AfricaLocalMarketTrade

Uphold Quality Standards:Standard Organisation Of Nigeria

The Standard Organisation of Nigeria has asked electrical dealers to uphold the quality standards for them to benefit from the…

byakintundeSeptember 27, 2021
Nigeria Need Over $400bn To Fund Its Critical Energy Needs
AfricaLocal

Nigeria Need Over $400bn To Fund Its Critical Energy Needs

The President of the Federal Republic of Nigeria, Muhammadu Buhari (Retd.), has said that Nigeria needs over $400bn to fund…

byakintundeSeptember 27, 2021September 27, 2021
African Legal Support Facility Celebrates Achievements As It Begins New 14-Year Mandate
AfricaLocalTrade

African Legal Support Facility Celebrates Achievements As It Begins New 14-Year Mandate

The African Legal Support Facility, which is an initiative created to help governments avert losses from business deals, saved African…

byakintundeSeptember 27, 2021
Inflows From Foreign Portfolio Investors Dropped By N37.85bn: Nigerian Exchange Limited
AfricaInvestingLocalMarket

Inflows From Foreign Portfolio Investors Dropped By N37.85bn: Nigerian Exchange Limited

The Nigerian Exchange Limited, formerly Nigerian Stock Exchange, revealed in its latest report that year-to-date inflows from foreign portfolio investors…

byakintundeSeptember 27, 2021

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