The Federal Government has said Nigeria will require $1.9trn or N834trn to attain net zero by 2060 as part of its support to the global fight against climate change and …
Radarr Africa Business Desk
Radarr Africa Business Desk
The Radarr Africa Business Desk reports daily on companies, markets, banking, energy, technology and policy across Nigeria and Africa. Stories are reviewed and edited by The Radarr Africa Editorial Team in Lagos. Story tips and corrections: business@radarr.africa.
- AgricultureBusinessEconomyFinance & ServicesNigeria
OCP increases Nigeria’s fertilizer production with establishment of 120MT/h plant in Kaduna state
OCP Africa has increased Nigeria’s fertilizer production and output with the establishment of a 120 metric tones per hour fertilizer blending plant in Kaduna State. It said the facility had …
MultiChoice has issued a trading statement warning shareholders that it expects to report a net loss in its interim financial results on Thursday. Last year the company announced earnings per …
Finance Minister Enoch Godongwana and Public Enterprises Minister Pravin Gordhan met with World Bank president David Malpass on Saturday to finalise funding to convert the recently decommissioned Komati coal power station …
- BusinessGlobal NewsInformation TechnologyTechnology
Jack Dorsey announces regrets over Twitter’s Rapid Growth
Former Twitter CEO Jack Dorsey said he regrets growing the company too quickly as the social media platform downsizes following its recent sale to Elon Musk. Musk on Thursday and …
- AviationBanking, Finance & InvestmentEconomyNigeriaTransportation & Logisitics
Emirates suspends flights to Nigeria over the inability to repatriate $85 million in it’s revenue
Emirates Airlines says it has suspended flights to Nigeria. It said the measure started on October 29 and blamed its inability to repatriate its revenue from the country. The airline …
- BusinessGlobal NewsInformation & TechnologySpotlightTechnology
Elon Musk new management style leaves employees in disarray
There are reports surrounding possibilities of employees layoffs by twitters’ new owner Elon Musk. According to an employee who had the opportunity to view their new bosses google calendar on …
- BusinessEconomyManufacturingMorocco
Chariot,UM6P and Oort energy partner to launch Green Hydrogen Pilot Projects in Morocco
Morocco’s Mohammed VI Polytechnic University (UM6P) has partnered with energy-focused Chariot and manufacturer of green hydrogen systems Oort Energy to launch green hydrogen pilot projects in Morocco. The projects are …
- Banking, Finance & InvestmentNigeriaWestern Africa
What You Should Know About Nigeria’s New Naira Notes
The Central Bank of Nigeria on the 26th of October, 2022 announced its intentions of redesigning Naira notes consisting of the ₦200,₦500 and ₦1,000 respectively An announcement which was made …
- BusinessMarketsMobile Telecommunications Network (MTN)South Africa
MTN South Africa revenue grow by 2.2% yearly and hit by Cell C rescue and load-shedding
MTN has published its quarterly trading update for the three months ended September 2022, revealing that service revenue grew by just 2.2% year-on-year in South Africa. For the third quarter of 2022 …