LASG to invest N550.689bn in infrastructure in 2024
Feb. 1, 2024 The Lagos State government has said it will invest N550.689bn to develop and maintain its infrastructure in 2024. The Commissioner of Economic Planning and Budget, Ope George…
IATA says another $700m owed money still in Nigerian banks
Jan. 31, 2024 Nigeria’s central bank said it had cleared the entire backlog of verified claims owed to foreign airlines whose payments had been blocked in the country, but airline…
Nigeria seeks to resolve disputed oilfield issues, denies criminal liability
January 31, 2024 Nigeria wants to resolve outstanding issues around the disputed OPL 245 oil block as it seeks to attract investment to its oil and gas industry and has…
Burkina Faso may leave West African currency union, Mali says not planning toÂ
Jan. 31, 2024 Mail said on Wednesday it was not planning to leave West Africa’s currency zone while Burkino Faso indicated it would do so after they and Niger announced…
Nigeria caps FX position for banks, dollar bonds drop
Jan. 31, 2024 Nigeria’s central bank announced limits on how much banks can hold in foreign currencies on Wednesday and expressed concern about the growth of forex exposures on their…
FG, UK partner on minerals deposits development
Jan. 31, 2024 The Federal Government is partnering with the United Kingdom to establish a joint technical working group for the development of critical mineral deposits in the country. Dr…
Traders divert Russian oil products around Africa to avoid Red Sea – Sources, LSEG
Jan. 31, 2024 Traders were diverting cargoes with Russian oil products around Africa to avoid the Red Sea due to a heightened risk of attacks by Yemen’s Iran-aligned Houthi group,…
Health: Bayer says to outsource some aspects of pharma business in Africa
Jan. 31, 2024 Germany’s Bayer will contract a third party to distribute its pharmaceutical products in four African markets including Kenya, it said, adding that the impact on jobs will…
Digital & Marketing Trends 2024: Navigating the Future of Business, by Reuben Kalu
In the dynamic landscape of digital marketing, staying ahead of the curve is imperative for businesses aiming to thrive. As we step into 2024, the intersection of technology, consumer behavior,…
Telecom: Nigeria Sees Steady Increase in Active Voice, Internet Subscriptions
Nigeria has witnessed a steady increase in active voice and internet subscriptions, including a drop in teledensity as contained in the latest telecommunications statistical indicators released by the Nigerian Communications…