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PTAD disburses N18.96bn to 3,958 PHCN pensioners

  • 17th September 2026

Nigeria’s mobile internet usage gap hits 140 million

  • 17th September 2026

Lagos intensifies enforcement on Apapa, Lekki port corridors

  • 17th September 2026

Court orders ex-NICON directors to account for seven-year

  • 17th September 2026

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US charges Nigerian woman over alleged illegal voting

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PTAD disburses N18.96bn to 3,958 PHCN pensioners

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Lagos intensifies enforcement on Apapa, Lekki port corridors

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Tag: Africa

US, Africa partner to strengthen trade
Business

US, Africa partner to strengthen trade

The US-African Business Summit, which drew more than 1300 participants and took place in mid-July in Gaborone, Botswana, has focused mainly on developing measures to improve trade and economic ties between the two continents. The mid-July summit was organized by the Corporate Council on Africa as a follow-up to the December 2022 US-African Leaders Summit in […]

Bitcoin falls below $100,000 in crypto market
Crypto

Crypto-Nigeria makes up 67% of Africa’s interest – Report

In comparison to other African nations, Nigeria has shown the greatest interest in digital currencies like Bitcoin and Ethereum, according to a study published by price monitoring firm CoinGecko. According to data collected so far this year, the most populated country in Africa is responsible for 66.8% of the continent’s cryptocurrency interest  Prior to now, Nigeria […]

Arab-African trade invests $1.5bn to tackle food security
Business

Arab-African trade invests $1.5bn to tackle food security

The Executive Committee of the multi-donor, interregional Arab-Africa Trade Bridges Programme on Thursday unveiled a US$1.5 billion food security program to address the concerns of food insecurity in the Arab and African regions. According to BusinessDay, the crisis continues to be a major priority on the international development agenda and is one of the biggest […]

Russia and Africa
Business

Russia-Africa business synergy gains momentum – Report

Through the staging of bilateral and multilateral business conferences on both continents, there are signs that economic relations between Russia and Africa are advancing. Vanguard reported that earlier this month, the “Geopolitical transformation: challenges and opportunities for business” conference between Moscow and Algeria was held in Algiers, where the presentation of the second summit, Russia-Africa […]

Uncategorized

Africa’s growth rate to hit 3.4% in 2023 – UN

The United Nations reported that global growth in 2023 is likely to hit 3.4%, which is less severe than originally anticipated because of resilient household spending in rich nations and China’s economic recovery. Nairametrics reported that they announced that the global growth prediction has been revised upward by 0.4 percentage points from the January forecast. […]

Economy

Why Africa must decrease intra-African, global trade costs – Okonjo Iweala

President of the World Trade Organization, Dr. Ngozi Okonjo Iweala, has stated that in order for Africa to successfully implement the African Continental Free Trade Area, we must lower the costs associated with doing business both within the continent and with the rest of the world. Nairametrics reported that she emphasized that some tariffs and obstacles result […]

Fuel, electricity tariff cap costly, IMF warns Nigeria
featured

Sub-saharan Africa risks losing $10bn in foreign investment — IMF

The International Monetary Fund has warned that if geopolitical tension persists, sub-Saharan African nations could lose $10 billion in foreign direct investments as well as market access. Nairametrics reported that according to IMF, in an essay that was released on May 1st, countries in sub-Saharan Africa would be hurt by rising import costs or would even lose access to important […]

Energy

Global renewable energy hits 9.6% increase in 2022

The total amount of renewable energy capacity worldwide reached 3372 gigawatts, representing an increase of 295 gigawatts or 9.6 per cent at the end of 2022. A noteworthy 83 percent of the entire power capacity added last year was generated by renewable sources. Renewable energy has continued to grow at a remarkable pace  indicating a […]

Google adds feature to allow users read doc aloud
Business

Google to empower women entrepreneurs in Nigeria, others

Google has announced the launch of three empowerment initiatives women entrepreneurs in Africa in commemoration of International Women’s Day. According to The Punch, Google’s women empowerment programmes include the Google for Startups Accelerator Africa: Women Founders Cohort, the Hustle Academy for Women-Led SMEs, and a series on social media to celebrate inspiring women in Africa’s […]

Energy

World Bank funds Africa renewable energy project with $311m

Oluwanifemi Ojo   The World Bank has signed an agreement with four African countries, Chad, Liberia, Sierra Leone, and Togo, worth $311 to fund renewable energy projects. The new Regional Emergency Solar Power Intervention Project was approved by the World Bank in December 20, 2022 with the aim of accelerating grid-connected renewable energy systems. Also […]

Africa youth entrepreneurship contest produces winners
Business featured

Africa youth entrepreneurship contest produces winners

Non-profit organization dedicated to developing young people, Junior Achievement Africa, has announced the winners of its significant high school entrepreneurship competition. The 12th annual Company of the Year competition, an African high school entrepreneurship competition, was held in Nigeria under the theme “Fueling Changemakers,” according to a release from First Bank and JA Africa. According […]

Business featured

US, Africa sign MoU to foster trade

The United States Chamber of Commerce’s, Africa Business Center and the African Continental Free Trade Area Secretariat have signed a Memorandum of Understanding (MoU) today to form a working group to promote trade and investment between the United States and Africa, The MoU is also in the bid to reaffirm the private sector’s commitment to […]

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