Tag: Nigeria Business Now

US announces ban on Apple Watch

US announces ban on Apple Watch A United States import ban on Apple smartwatch models took effect on Tuesday after President Joe Biden’s administration opted not to veto a ruling on patent infringements. In October, the United States International Trade Commission (ITC) banned Apple Watch models over a patented technology[Read More…]

Total Energies to inject $6bn in gas production, others

Total Energies to inject $6bn in gas production, others President Bola Tinubu, on Monday, promised the international investment community that his administration would preserve Nigeria as a top-level destination for offshore and onshore investments. “We are committed to removing all cobwebs and anti-investment impediments in the oil and gas industry.[Read More…]

UBA secures $175 million facility from AfDB

UBA secures $175 million facility from AfDB   United Bank for Africa (UBA) has received a $175 million financial package from the Africa Development Bank (AfDB) Group for enhancing its support to the private sector and financing of Nigeria’s infrastructure development. This facility comprises a $100 million in long-term senior[Read More…]