Access Bank plans to tackle $81bn trade fiinance gap
Access Bank Plc has announced plans to host its inaugural Africa Trade Conference to address the $81bn annual trade finance gap on…
News
Customs vow to cut cargo clearance time to one hour
The Nigeria Customs Service Port Terminal Multiservices Limited Command has expressed its commitment to achieving a one-hour clearance for roll-on-roll-off cargo, aiming…
Rice production falls to 8.3MT despite interventions – Report
Nigeria’s rice production has dropped to 8.3 million tonnes for the 2024/2025 cycle, down from 8.9 million tonnes the previous year, despite…
PETROAN partners Dangote refinery for PMS distribution
The Petroleum Products Retail Outlet Owners Association of Nigeria has announced that it has signed an agreement to begin distributing premium motor…
NNPC, BUA partner to construct mini gas plants in Kogi
The Nigerian National Petroleum Company Limited will inaugurate the construction of five mini-liquefied natural gas plants in Kogi State today. This follows…
Shell, S’African partner near $1bn oil-asset sales deal
Shell Plc and its South African partner are close to settling a valuation dispute, which would allow for the sale of Shell’s…
DeepSeek yanked off Apple, Google stores over Italy privacy probe
The Chinese artificial intelligence app DeepSeek became inaccessible in Italy on Wednesday on Apple and Google app stores, a day after the…
Oil prices fall as US stockpiles rise
Oil prices dropped on Wednesday, with the U.S. benchmark hitting a multi-week low after crude stockpiles in the world’s leading oil producer…
Dangote-backed investors to acquire Kenyan coffee chain, Java House
A private equity firm backed by Aliko Dangote is preparing to enter Kenya’s food and beverage market by acquiring Java House, a…
Lagos court reverses freezing order on GHL’s assets
The Federal High Court in Lagos has lifted a Mareva injunction that had frozen the assets of the company and its directors.…
Nigeria’s e-payment transactions hit N1.07quadrillion in 2024
Electronic payment transactions in Nigeria soared to N1.07 quadrillion in 2024, marking a historic milestone as the first time the country has…
Kano Airport runway shut over Max Air tyre burst
The runway at Malam Aminu Kano International Airport has been temporarily closed for inspection and clearance following a tyre burst on a…