Government hands over 374 power project to DisCos Over $1.2 billion has been spent on key distribution projects in the country as part of measures to improve power supply in the country, Niger Delta Power Holding Company Limited (NDPHC) has said. The fund was spent on over 374 projects[Read More…]
CBN promises to tackle forex pressure Folashodun Shonubi, Acting Governor of the Central Bank of Nigeria, pledged to tackle the mounting exchange rate pressure as the naira witnessed a decline against the dollar. Shonubi made this commitment during a press interaction after the two-day Monetary Policy Committee in Abuja. Within[Read More…]
Nigeria, Benin customs to address concerns Nigeria Customs Service (NCS) has promised to address issues of concerns with Republic of Benin Customs. This is in line with the government’s drive to facilitate trade and improve Nigeria’s economy to become globally competitive, according to the National Public Relations Officer, Chief Superintendent[Read More…]
CBN promises to tackle forex pressure Folashodun Shonubi, Acting Governor of the Central Bank of Nigeria, pledged to tackle the mounting exchange rate pressure as the naira witnessed a decline against the dollar. BusinessDay reports that Shonubi made this commitment during a press interaction after the two-day Monetary Policy[Read More…]
Ecobank, wins coveted Euromoney award as Africa’s Best Bank for SMEs Ecobank, the leading pan-African Banking Group, has been named Africa’s Best Bank for SMEs (small and medium-sized enterprises) by the prestigious Euromoney Awards for Excellence for the second year running, having also won the accolade in 2022. [Read More…]
Food insecurity: Putin pledges free grain supply for Africa President Vladimir Putin has pledged to deepen relations with African countries across several spheres, promising a free supply of grains to the continent to tackle food insecurity. Putin made this known on Monday in a statement themed “Russia and Africa: Joining[Read More…]
Plane crash kills nine in Sudan Nine people, including four soldiers, were killed Sunday (Jul. 23) evening when a civilian plane crashed in Sudan due to “technical” reasons, the army said, as the war in the east African country entered its 100th day. In Port Sudan, on the east coast[Read More…]
No vessel caught fire at Lagos port, says firm The Ports & Cargo Handling Services Limited has explained that the fire incident at its terminal in TinCan Island port did not affect any vessel. The Group Head, Corporate Communications of Sifax, a mother company of Ports & Cargo Handling Services,[Read More…]
Coca-Cola, MTN Foundation, British Council, Microsoft, others Unveil as Partners for Africa Social Impact Summit 2023 The Sterling One Foundation and the United Nations Nigeria, co-conveners of the Africa Social Impact Summit 2023, have officially unveiled partners for the second edition of the Africa Social Impact Summit. The[Read More…]
Top 5 Zoho platforms helping businesses thrive in Nigeria By Kehinde Ogundare Nigeria, one of the world’s fastest-growing economies, boasts a thriving business ecosystem characterised by its dynamism and resilience. Nigerian enterprises are widely recognised for their tenacity and relentless pursuit of global competitiveness. A report by McKinsey[Read More…]
