MMA Customs generate N74bn in 10 months
The Nigeria Customs Service, Muritala Muhammed Airport Command, reported a revenue of N74.28 billion between January and October. According to The Punch,…
Business
Ethiopia’s oil millionaire Al Amoudi’s net worth hits $8.5bn
Oil tycoon of Ethiopia and one of the richest individuals in Africa, Mohammed Al Amoudi, has seen a spectacular rise in his net…
Nigeria’s inflation hits 27.33% in October
Nigeria’s headline inflation rate increased to 27.33% in September 2023, up from 26.72% in September 2023. In October 2023, the headline inflation…
Coscharis launches Ford Territory SUV
Coscharis Motors, the sole distributor of the Ford brand in Nigeria, has unveiled the all-new Ford Territory Sport Utility Vehicle. The Punch…
Ghana’s inflation rate drops 35.2 percent
Ghana’s inflation rate fell more than expected, from 38.1% in September 2023 to a 14-month low of 35.2% in October. The Times…
Mutual funds investments hit 41.2% – Report
Despite rising rates in mutual fund investments, a recent report revealed that more investors are now shifting their funds to this class…
NCRIB to boost professionalism
The newly elected President of the Nigerian Council of Registered Insurance Brokers, Babatunde Oguntade, says he will increase professionalism in the industry as…
AfDB to grant Nigeria $618m for digital, creative businesses
The Investment in Digital and Creative Enterprise project of the African Development Bank has concluded an agreement to provide $618 million to Nigeria.…
Dangote will tackle unemployment – Fatima Aliko-Dangote
The Executive Director of Commercial Operations for the Dangote Group, Hajia Fatima Aliko-Dangote, has reaffirmed the company’s commitment to eradicating the high…
How marginal oil fields award didn’t follow stipulated regulations – NEITI
The Nigeria Extractive Industries Transparency Initiative alleged that the Nigerian Upstream Petroleum Regulatory Commission violated its own rules when executing the 2020–2021…
Novare reiterates plans for continuous business in Nigeria
An institutional investor and developer, Novare, has reiterated its plans for continued business in Nigeria after the ex-parte court order prohibiting Novare from…
FRC hails Tinubu’s framework for fiscal regulation
The Chairman of the Fiscal Responsibility Commission, Barrister Victor Muruako, has praised President Bola Tinubu for his commitment to improving the Fiscal Responsibility…