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Auction abandoned containers at seaports, NPA urges Customs
Maritime

Auction abandoned containers at seaports, NPA urges Customs

The Nigerian Port Authority has urged the Nigerian Customs to auction the abandoned overtime containers as they are occupying a chunk of the space meant for imported goods. According to BusinessDay, the containers occupying space at Nigeria’s three major seaports, Apapa, Tin-Can Island, and Onne, have increased to over 6,000. These 6,000 twenty-foot equivalent units […]

APO opens 2022 tech festival application to journalists
Conferences

APO opens 2022 tech festival application to journalists

APO Group, a leading Pan-African communications consultancy and press release distribution service have called on qualified African journalist to apply for an opportunity to win an all-expense trip to the 2022 Tech Festival and Travel. Announcing the Africa Tech Festival summit slated for 7 – 11, November 2022 in Cape Town, South Africa, the APO […]

Aviation firm unveils N500m handling equipment
Aviation

Aviation firm unveils N500m handling equipment

The Nigerian Aviation Handling Company Plc, has reportedly unveiled a new set of ground support equipment, which includes four units of high capacity Mallaghan mobile steps with chutes and a 14 tonnes cargo main deck high loader. According to The PUNCH, the firm also unveiled five units of Toyota Coaster buses and one Toyota Hiace […]

Food security: AfDB, Cameroon govt set up €115.05m fund
Foods

Food security: AfDB, Cameroon govt set up €115.05m fund

Adeleke Alade The African Development Bank and the Cameroonian government are in collaboration to set up a €115.05 million fund for the development of Agricultural Value Chains. With financing of €115.05 million, the Agricultural Value Chain Development Project is 77.6% financed by the AfDB Group, 21.5% by the State of Cameroon and 0.9% by beneficiaries. […]

Choiseul holds first business forum in Africa
News

Choiseul holds first business forum in Africa

The African business community will head to Casablanca, Morocco, for the launch of the third edition of the Choiseul Africa Business Forum on October 19 and 20, 2022. After two consecutive editions held in Nice, France, the forum will take place for the first time on the African continent for the first time, with the […]

Climate crisis: African firms back green energy investment
News

Climate crisis: African firms back green energy investment

  Ahead of the Climate Change Conference 2022, a new campaign has been initiated to intensify African efforts to obtain global funding for accessible green energy, necessary for climate catastrophe adaptation. Several African firms backing the Power Up Campaign include Zonke Energy, Kakuma Ventures, Ignite Power and Smiling Through Light. The campaign demands that wealthier […]

Airport security makes five arrests daily - FAAN
Aviation

Airport security makes five arrests daily – FAAN

Managing Director of the Federal Airports Authority of Nigeria, Captain Rabiu Yadudu, said five persons are arrested daily at the Murtala Muhammed Airport, Lagos for infiltrating security. According to Vanguard, Yadudu made the assertion when he spoke during the ongoing works at Runway 18L, reacting to questions bordering on the recent stowaway and other security […]

Anger as customs sell seized vehicles as scrap
News

Anger as customs sell seized vehicles as scrap

Auctioneers have expressed their displeasure over the manner in which the Nigeria Custom Service has allegedly sold about 6,000 impounded vehicles and other items to selected firms and individuals. According to The PUNCH, the auction of the vehicles was marred with various irregularities as it was carried out without open competitive bidding, contrary to the […]

Protests as Lebanon's currency hits new low
Economy

Protests as Lebanon’s currency hits new low

The Lebanese pound fell to a new low against the US dollar on the black market Monday as a severe economic downturn has sparked bank hold-ups by angry depositors and anti-government protests. Recent weeks have seen a spate of incidents in which people armed with real or toy guns held up banks to demand access […]

MTN launches 5G network
Telecommunications

MTN launches 5G network

Telecommunications giant, MTN, launched commercially launched the fifth-generation technology, in Nigeria on Sunday. The launch took place during an event that enabled guests to test the use of the technology. Nigeria becomes the third African country to have launched the 5G network, after Kenya and South Africa, following MTN’s establishment of the technology in Lagos. […]

Buhari unveils SDG financing framework
Economy

Buhari, Bill Gates, others to speak at global investment forum

The President, Major General Muhammadu Buhari (retd.) will be delivering a keynote address at the second edition of the Nigeria International Economic Partnership Forum. NIEPF, a global economic investment platform organised by the Federal Government in partnership with the Africa Business Roundtable will hold 22 September, 2022. Disclosed in a statement by the Senior Special […]