Utilization Of Drones Is Taught To Urban Planners In Lagos
The Lagos State Government began a two-week training program for 50 town planners on how to use drones to effectively…
CEO Use Technology To Advance Youth Empowerment
John Obaro, the Group Managing Director of SystemSpecs Holdings, has stated that young people need to be educated on how…
Due To Lack Of Naira, Sterling Bank Waives Transaction Costs.
All personal account transaction fees have been abolished, according to Sterling Bank, as a show of support for its clients…
Breaking: IPMAN Orders Members to Halt Operations and Shutdown Fueling Facilities.
According to reports, the Independent Petroleum Marketers Association of Nigeria (IPMAN), which represents oil marketers, has ordered its members to…
Nigeria FG Raised N742.56bn Sukuk Earnings to Finance Road Projects in Six Years.
In order to fund road improvements in the nation’s six geopolitical zones between 2017 and 2022, the federal government has…
LIRS Anticipates more Tax Revenue Income.
A memorandum of understanding was inked by the Federal Inland Revenue Service and the Lagos State Internal Revenue Service to…
Centum Investment begins a Share Buyback.
Following the approval of its shareholders for the share repurchase exercise, Centum Investment Company Plc started its share buyback offer.…
FG Increases SUKUK Funds to N742.56bn For Road Projects.
The Federal Government, through Debt Management Office (DMO), has raised N742.56 billion via Sovereign Sukuk for the construction and rehabilitation…
Tanzania: A Crucial Dry Port is about to Start Operating.
The Coast Region’s Kwala Dry Port is finally scheduled to open this month, which is a significant development that will…
Microsoft is Examining into the Outlook Outage as Users Experience Problems.
Users in North America were having difficulties accessing, sending, or searching emails on the platform, and Microsoft Corp. announced that…
500 MW Power To Be Supplied To National Grid By Second Quarter.
GE Gas Power has said it is looking forward to pushing close to 500 megawatts (MW) of additional power into…
Finance Minister Tells Retirees Ghana Debt Swap Deal Is Beneficial.
In an effort to complete a domestic debt exchange, the beleaguered government of Ghana in West Africa told a group…
Nigerian States Contest the Deadline for Central Bank Cash Swaps.
In order to avoid problems before elections later this month, three states in Nigeria have petitioned the nation’s highest court…
CBN Proposed To Fine Banks Hoarding New Naira Note.
The Central Bank of Nigeria may fine banks hoarding new notes a sum of N5m and members of the public…
Oil Revenue Reduces By N500bn In January
A total of 37.2 million barrels were shipped in January, down below the 49.6 million predicted if it had exported…
Vantage’s Fourth Mezz Fund Surpasses its Goal at Final Close.
Africa’s largest mezzanine fund manager, Vantage Capital, said the final close of its fourth mezzanine fund had been successful. The…
British International Investment Appoints Chijiutomi to Oversee Operations in Africa.
Chris Chijiutomi was appointed as MD, Head of Africa, according to a statement from British International Investment (BII). Chijiutomi, who…
MNT-Halan now has Unicorn Status after the most Recent Funding Round.
MNT-Halan, an Egyptian fintech startup, has raised $400 million in a capital round, including $140 million in securitized bond issuances…
Nigerian Bonds Decrease Ahead of the S&P Credit Rating Review.
Following the West African oil producer’s downgrading by another rating agency, Moody’s, a week earlier, Nigeria’s dollar-denominated government bonds declined…
Adenia’s Fund Retains a Strong First Close of $300 million.
Adenia Partners, a private markets investment company dedicated to ethical investing and a sustainable Africa, has announced the first closing…
GHANA Cancels Its $672 Million Back-taxes Claim With MTN Group.
The Ghanaian government has been requesting millions of dollars in back taxes from some of the biggest businesses in the…
KENYA: A Mauritius Private Equity Group Is Negotiating To Buy Java.
Mauritius-based private equity firm Adenia Partners is in discussions to fully acquire restaurant chain Java House in a transaction that…
FG Anticipates Excise Taxes To Generate N250 Billion.
According to research, Federal Government intends to generate N250.09bn from excise duty in 2023. This was stated in the budgetary…
FG Supports NEPZA’s Initiative to Designate Universities as Economic Zones
The expedited efforts by the Nigeria Export Processing Zones Authority (NEPZA) to designate willing universities as Special Economic Zones have…
Agriculture and Manufacturing Record Fastest Production Cost Increase in January – Stanbic IBTC
According to the Purchase Manager Index (PMI) study from Stanbic IBTC Plc, operators in the industrial and agriculture sectors would…
Despite FG Assertions, Fuel Supply Is Still Very Low
Despite assurances by the Federal Government that it possessed more over one billion liters of PMS, enough to keep the…
Stanlib’s Infrastructure Fund Purchased Upington Solar Farm For Over R1 Billion.
Asset management Stanlib’s Infrastructure Fund II, which invests in infrastructure projects including renewable energy, transportation infrastructure, and logistics, is acquiring…
Peter Obi Requests Calm, Urges Nigerians to Put Up with FG, CBN
Mr. Peter Obi, the Labour Party’s presidential candidate, has pleaded with Nigerians to have patience with the federal government and…
Mineral Titles Drop 37% As Industry Is Threatened By Instability
Nigeria’s natural resources are underutilized, according to the minister. However, the mining industry has also been troubled by insecurity, which…
Reps Are Considering Calling An Emergency Session Due To The New Naira Crisis.
The Speaker of the House of Representatives, Femi Gbajabiamila, has said the federal parliament will have no option but to…