Avanti is sub-Saharan Africa’s leading capacity partner for the second year running
Avanti Communications (“Avanti”) has been named the market-leading high-throughput satellite capacity partner in sub-Saharan Africa for the second year running. The results, from the 20th edition of the NSR Satellite…
Petrol price hike: Tinubu government is wicked, malevolent – Labour
The Nigeria Labour Congress, NLC, has described the Bola Tinubu government as wicked and malevolent, describing the recent hike in petrol price as totally unacceptable. It also accused the courts…
Subsidy: FG endorses deployment of CNG vehicles for public transportation
July 21, 2023 The National Economic Council (NEC) has endorsed the deployment of Compressed Natural Gas (CNG) vehicles for public transportation. The decision was part of resolutions reached on Thursday…
FBN Holdings Plc half year profit before tax hits N206bn
FBN Holdings Plc says it has recorded a profit before tax of N206 billion for the first half of 2023 financial year. The holding company said this in its…
Rice prices set to climb further after India export ban, trade at standstill
July 21, 2023 Asian rice trade paused on Friday to digest the previous day’s ban by India, by far the world’s biggest supplier, of a major share of its exports…
FAAC: 3 tiers of govt share N907.054bn in June as ECA now stands at $473,754.57
July 21, 2023 The Federation Account Allocation Committee (FAAC) has shared the sum of 907.054 billion Naira June 2023 Federation Account Revenue to the Federal Government, States and Local Government…
Nigeria seen hiking rates 100 basis points on July 25 to boost devalued naira: Reuters polls
July 20, 2023 The Central Bank of Nigeria will likely continue raising its key interest rate in the coming days and months to support a devalued naira, a Reuters poll…
FOOD SECURITY: FG, AFD, SEMMARIS ON STUDY TOUR OF LAGOS MARKET SYSTEMS
July 20, 2023 The Federal Government of Nigeria, in collaboration with Agence Française De Development (AFD) and SEMMARIS (the Technical Partner), have embarked on a study tour of markets in…
Kenya, Nigeria, Zambia currencies set to weaken further
July 20, 2023 Kenya’s shilling, Nigeria’s naira and Zambia’s kwacha are expected to weaken further in the week to next Thursday, while Ghana’s cedi and Uganda’s shilling could strengthen, traders…
Brazil wants to resume ‘good, fruitful’ relations with Africa – Lula
July 20, 2023 Brazilian President Luiz Inacio Lula da Silva said on Wednesday he wants to resume the “good and fruitful” relations his country used to have with Africa when…