Category: Business

SEC to promote infrastructure financing

The director general of the Securities and Exchange Commission, Lamido Yuguda, has stated that the commission’s...

EU readies €24.4m to tackle W’Africa’s illegal weapons spread – Official

The European Union has set aside €24.4 million to improve cross-border collaboration in West Africa...

Nigeria has untapped logistics industry worth N3trn — Logistics expert

The country’s estimated N3tn logistics, courier, and transport industry has not yet reached its full...

Naira devaluation: Multichoice records $72.4m net loss

MultiChoice Group Ltd. has announced a third straight semi-annual loss of 1.32 billion rand ($72.4 million)...

FG seeks partnership for AfCFTA success

The Federal Government has asked countries in West and Central Africa to work together to...

Flour Mills shareholders approve BAGCO as subsidiary

Flour Mills of Nigeria, a food and agro-allied corporation, has its shareholders’ approval to convert...

Maritime expansion to be delayed by ports, harbour bill – Union

The proposed Ports and Harbour Bill was rejected by the Marine Workers Union of Nigeria,...

Masters Energy urges FG to handle FX issues

Masters Energy Oil & Gas Limited has petitioned the Federal Government to ease currency restrictions...

MMA Customs generate N74bn in 10 months

The Nigeria Customs Service, Muritala Muhammed Airport Command, reported a revenue of N74.28 billion between...

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...

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...

Coscharis launches Ford Territory SUV

Coscharis Motors, the sole distributor of the Ford brand in Nigeria, has unveiled the all-new...