APPO urges govt to fulfill obligations to $5bn energy bank
The African Petroleum Producers’ Organisation has asked member countries to meet their financial responsibilities to establish the $5 billion Africa Energy Bank.…
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Ghana’s inflation drops to 22.8% in June
Ghana’s inflation rate for June 2024 fell to 22.8%, the lowest level since April 2022. In May, Ghana’s inflation fell to 23.1%,…
Hamster Kombat onboarded 239m people in three months – Telegram CEO
Telegram CEO, Pavel Durov, offered insights and projections for Hamster Kombat, a popular Web 3 play-to-earn game that has dominated the industry…
Nigeria’s crude oil production jumps to 1.27m barrels daily – OPEC
Nigeria’s average daily crude oil production in June increased modestly to 1.276 million barrels. This marks a mere 25 thousand barrels per…
Streaming platform Vimeo launches new AI content labels
Vimeo has followed TikTok, YouTube, and Meta in introducing measures for creators to disclose AI-generated content. In an announcement on Wednesday, the…
Keystone bags best retail bank award
Keystone Bank Limited was recognized as the retail bank of the year at the recently held 2024 Africa Industrial and Development Conference…
MeCure proposes 0.15 kobo dividend per share to shareholders
MeCure Industries Plc, a Nigerian pharmaceutical company has proposed a final dividend of 0.15 kobo per share payable to shareholders whose names…
Nigeria’s digital economy has potential to generate N18.3bn – Minister
The Minister of Communications and Digital Economy Dr Bosun Tijani, has stated that the country’s digital economy has the potential to revolutionise…
Food importation will jeopardise progress made in local production – AFAN
The National President of the All Farmers Association of Nigeria, Arc. Kabir Ibrahim has said that duty-free imports of food commodities will…
Senate considers increasing foreign reserve’s gold share by 26%
The Nigerian Senate is considering a new law that seeks to increase the share of gold in the country’s foreign reserve assets…
Nigeria’s firm Sundry Markets among Africa’s fastest-growing for 2024
Nigerian retail firm, Sundry Markets Limited, has been named one of Africa’s top 50 fastest-growing companies in 2024 by the Financial Times.…
Top ten Nigerian stockbrokers earn N19.2bn in H1 2024
The top ten stock broking businesses in Nigeria’s stock market earned a stunning N19.209 billion in the first half of 2024, as…