Petroleum marketers demand access to forex
The Depots, and Petroleum Products Marketers Association of Nigeria on Tuesday asked the Federal Government to allow its members access foreign exchange at the official rate. The association said such…
Binance approves naira deposits, withdrawals
Binance, the world’s biggest cryptocurrency exchange firm, announced that it now allows naira deposits and withdrawals. The firm made this announcement via its BinanceAfrica Twitter handle on Monday, November…
How governors can improve IGR – Commission
The Fiscal Responsibility Commission has advised state governors across Nigeria to develop revenue-generating mechanisms in their respective states. The commission's Executive Chairman, Victor Muruako, said it was important for governors…
Rwanda launches $104m green investment facility
In its bid to spur investment in private sector-led green growth through sustainable financing, Rwanda has launched a new 104 million dollars green investment facility. Rwandan President Paul Kagame said…
Jumia CEOs step down as new management emerge
The co-founders of Jumia, Jeremy Hodara and Sacha Poignonnec, have stepped down as co-CEOs of the African eCommerce giant This is as the company announced several management changes, including the…
Climate change: Bill, Melinda Gates donate $1.4b to African farmers
The Bill & Melinda Gates Foundation announced today that it would contribute $1.4 billion to support smallholder farmers in addressing the short- and long-term effects of climate change, joining calls…
ATC Africa announces partnership with Power X
The African division of American Tower Corporation and PowerX recently announced a strategic partnership that will optimize energy use at tower sites and bring to Africa's telecommunications industry the significant…
Union Bank, Morocco’s Attijariwafa partner to boost cross-border trade
Union Bank of Nigeria has entered into a partnership agreement with Morocco's Attijariwafa Bank in order to support their shared vision for Pan-African development. With this business partnership, Union Bank…
How DisCos paid NBET N212bn in six months – Report
Electricity distribution companies otherwise known as DisCos, paid N212 billion of their total invoice to the Nigerian Bulk Electricity Trading Plc, between January and June 2022. According to the Nigerian…
Makinde targets agribusiness for economic development
The Oyo State Governor, Seyi Makinde, has reiterated the commitment of his administration toward developing the state economy through agribusiness. Makinde gave the assurance during an inspection tour to the…
CBN to introduce new laws against financial system threats
The governor of the Central Bank of Nigeria, Godwin Emefiele, has stated that the apex bank will create a set of new and revised laws, rules, and regulations to tackle…
COP27 summit: CSOs seek climate financing adaptation for Africa
Ahead of the 27th Conference of Parties to the UN Framework Convention on Climate Change in Egypt, the Civil Society Organisations from Africa have asked stakeholders to focus attention on…
