Untapped Global Introduces an Investment Vehicle for Electric Mobility.
A growing group of partners has backed the establishment of Untapped Global’s Climate Action Initiative, an investment firm that specializes…
Mission Produce Announces a Joint Venture with ZZ2 Boerdert and Criterion Africa Partners.
A joint venture with ZZ2 Boerdery, one of South Africa’s leading farming firms, and Criterion Africa Partners, a private equity…
Nearly 800 Billion Euros Are Spent In Europe On The Energy Crisis
Researchers said on Monday that the cost for European nations to protect people and businesses from rising energy costs has…
Governors Make a Move To Delay Supreme Court Reversal Of The Currency Swap Until After The Election.
Ondo, Kano, and Ekiti states have joined the lawsuit that Kaduna, Kogi, and Zamfara states originally filed, and Rivers state…
Kenya: Shaka Kariuki is Named the CAK Chairman by Ruto.
Shaka Kariuki, a businessman, has been named the new chair of the Competition Authority of Kenya (CAK) board by President…
A Majority Share in FSG is Purchased by Africa Lighthouse Capital.
As certain regional competition authorities applauded its proposed purchase of further shares in funeral services provider Funeral Service Group (FSG),…
As The FX Crisis Intensifies, Manufacturers Lament
The Central Bank of Nigeria’s procedures for awarding foreign cash, according to the Manufacturers Association of Nigeria, have put its…
Partech Closes the Largest Africa-focused Fund for the First Time at €245 million.
The largest Africa-focused fund to date, Partech Africa II has reached its first close at €245 million (about $263 million).…
Tinubu To CBN: Permit Old And New Naira Notes To Exist Together Until 2024
Contrary to rumors, Bola Tinubu, the All Progressives Congress (APC) presidential candidate, declared that he supported the CBN’s decision to…
Distribution Of Crude Oil Database From NMDPRA And CBN
The Central Bank of Nigeria, the Nigerian Midstream and Downstream Petroleum Regulatory Authority, and other pertinent organizations are required to…
FG Anticipates Using 82% Of Revenue To Service Debt.
“The World Bank estimates that by 2027, interest payments on Federal Government borrowings from the Central Bank of Nigeria will…
No Funding Available to Create or Support New Agencies – FG.
The Federal Government claimed that there were already too many agencies in Nigeria and that it lacked the resources to…
Nigeria Farmers Protest a 50% Drop in Food Prices.
The International Monetary Fund (IMF) has highlighted near-term downside risks resulting from Nigeria’s elevated inflation, high debt-servicing costs, external sector…
As the Shortage of New Naira Notes Remains, more Banks Close.
According to research by The PUNCH, more banks have started closing their branches as the currency shortage worsens. Lengthy lines…
Nigeria: Adamant Oil Marketers Claim that N195 per litre is Unachievable.
According to oil marketers, lineups were still common in many parts of Nigeria, with the exception of Abuja, where they…
MTN Increases Dividend by N76 billion.
According to the company’s regulatory financial filings, MTN Nigerian Communication Plc. increased its dividend payment by N75 billion, going from…
FG Attributes Nigeria’s Low Imports on the Benin Republic.
The Nigeria Customs Service has said that the Benin Republic trade policy was hostile to Nigerian traders. The Customs Area…
First Abu Dhabi Bank may Increase its $35 billion Offer for StanChart – Bloomberg.
First Abu Dhabi Bank (FAB.AD) (FAB), the United Arab Emirates’ biggest lender, could renew a potential offer for Britain’s Standard Chartered (STAN.L), once…
Zoom Plans To Fire 1,300 Employees.
The business that makes the video conferencing app Zoom has revealed intentions to lay off 1,300 employees. The decision was…
Petrol and Naira Crisis: TUC Gives FG 7-day Deadline.
The Federal Government has been given a seven-day deadline by the Trade Union Congress of Nigeria (TUC) to find a…
By 2025, Nigeria may become Africa’s Largest Oil Refiner – Report.
According to research, Nigeria might by 2025 become the largest oil-refining hub in Africa. This information was provided in a…
Nigerians in Need Receive N16.8 billion in Cash Assistance from the Government.
Since the CCT program’s launch in 2016, the federal government has given over N16.8 billion in grants and conditional cash…
ILO Predicts 208 million People will be Unemployed Worldwide.
According to ILO projections, there would be 208 million unemployed people worldwide in 2023, a little increase of about 3…
IMF Advises Nigeria to Extend the Deadline for Banknote Swaps.
Nigeria should take into account extending a deadline for exchanging old banknotes, according to the International Monetary Fund, given the…
Kenya Power will Switch 2,000 Vehicles to Electric in 4 Years.
Over the next four years, Kenya Power, the country’s main power supplier, plans to convert 2,000 of its gasoline- and…
Microsoft Packs Bing Search Engine
At a press conference at the company’s headquarters in Redmond, Washington, Microsoft CEO Satya Nadella said, “This technology is going…
NDIC Reaffirms Commitment to Safeguarding Mfbs Customers
In order to improve failure resolutions, the National Association of Microfinance Banks Unified Information Technology (NAMBUIT) is being actively promoted…
Banks Close Locations Due To Customer Assaults
This happened the day after the Lagos State Police Command warned that some groups were preparing to start violence in…
Turkey Earthquake, Death Tolls Near 10,000
Families in southern Turkey and Syria endured a second night in the bitter cold as overworked rescuers hurried to extricate…
Due To Biometric Violations, JAMB Cancels The Registrations Of 817 Applicants.
Due to biometric violations discovered during the fingerprint capture process, the Joint Admissions and Matriculation Board (JAMB) has stated that…