Category: News

FG okays licenses for nine modular refineries

The Federal Government, via the Nigerian Midstream and Downstream Petroleum Regulatory Authority has granted licenses...

Four free trade zones draw $8bn in investments – Officials

Four free trade zones have attracted a total investment of $8 billion, enhancing local economic...

Volkswagen plans layoffs, 10% pay cuts

Volkswagen is exploring substantial cost-cutting measures, including widespread pay cuts and layoffs, as well as...

FG to fund Kano-Maradi rail project with AfDB’s $350m

The Federal Government has secured $350 million from the African Development Bank to fund the...

Transcorp reduces total shares by 75% to N10.2bn

Transnational Corporation Plc (Transcorp Group) has successfully completed a major share capital restructuring, reducing its...

Transcorp cuts total shares by 75% to N10.2bn

Transnational Corporation Plc stated it successfully completed a share capital reconstruction, reducing its total issued...

New Zealand approves work rights for migrant workers’ partners

Starting December 2, 2024, New Zealand will implement new immigration rules that will allow more...

IFC, CBN partner to boost local currency financing

The International Finance Corporation has partnered with the Central Bank of Nigeria to enhance local...

Leverage tech for building safety, experts urge Lagos

The Building Collapse Prevention Guild has urged the Lagos State Government to utilize technology for...

High production cost affecting local goods’ competitiveness – MAN

The Manufacturers Association of Nigeria has identified the high cost of production as a significant...

Lagos pledges technical support to distressed building owners, developers

The Lagos State Government has unveiled plans to assist developers and property owners in tackling...

Kenyan CBK fines UBA, others for regulatory breaches

The Central Bank of Kenya has imposed a fine on UBA Kenya for failing to...

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