Category: Uncategorized

Afreximbank signs $1.35b financing deal with Dangote Industries

The African Export-Import Bank has announced the signing of a $1.35 billion financing facility for...

Nigeria, Benin begin implementation of economic ties agreement

Nigeria and the Republic of Benin have begun implementing a new economic cooperation agreement designed...

FG lays 5,000km fibre cable across 28 states – Galaxy Blackbone

The Managing Director of Galaxy Backbone, Professor Ibrahim Adeyanju, has announced that the federal government...

US mission names Rick Swart as new Lagos consul general

The United States Mission in Nigeria has announced Rick Swart as its new Consul General...

Trump to spend $1bn on offensive cyber operations

The Trump administration is set to allocate $1 billion over the next four years for...

Dangote refinery slashes petrol price again, now N820/litre

The Dangote Petroleum Refinery has reduced the price of petrol from N840 to N820 per...

JAPA: US Embassy screens Nigerian students’ social media account

The United States Mission in Nigeria now requires all applicants for F, M, and J...

Shell expects weaker Q2 earnings amid drop in oil, gas profits

Shell Plc announced on Monday that its second-quarter earnings are expected to take a hit,...

France fines fashion brand Shein €40m for deceptive practices

France’s antitrust agency announced on Thursday that it fined fast-fashion retailer Shein €40 million ($47.17...

Canada backs down on digital tax ahead of US trade talks

Canada has backed down from implementing its digital services tax, citing hopes for a mutually...

Banks’ compliance officers push for AI-driven risk solutions

The Association of Chief Compliance Officers of Banks in Nigeria has advocated for the integration...

Fitch’s African loan assessment contradicts itself — Afreximbank executive

The Executive Vice President for Governance, Legal & Corporate Services at Afreximbank, Dr. George Elombi, has...