Tesla’s best-selling Model Y has been included in a list of electric and plug-in hybrid models that a local government in China can purchase as service cars. This marks the …
Business Policies
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MTN to Construct West Africa’s Largest Data Centre
by Editorby EditorMTN Nigeria has announced plans to construct the largest data centre in West Africa, a state-of-the-art facility designed to significantly boost the region’s digital infrastructure. The new data centre will …
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Volume of Non-Bank Transactions Pose Threat to West Africa’s Financial Stability
by Editorby EditorThe Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has expressed concerns over the rising volume of non-bank transactions, which he warns could threaten financial stability in West …
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Multichoice Group Mulls Over Africa’s Business Growth Plan
by Editorby EditorMultichoice Group, South Africa’s leading entertainment firm, is re-evaluating its business plan for its African operations in light of falling revenues and a decline in subscriber numbers. This strategic reconsideration …
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Executive Order on Pharmaceutical Imports to Reduce Drug Costs and Create Jobs, Says CPPE
by Editorby EditorThe Centre for the Promotion of Private Enterprise (CPPE) has endorsed the Federal Government’s recent executive order, which removes import duties on pharmaceutical products. This move, according to CPPE, will …
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Budpay to Power African Businesses with Budpay Business
by Editorby EditorBudpay, a top fintech firm, introduced Budpay Business, a new project designed to empower African businesses with cutting-edge payment solutions. This advancement represents a major milestone in the company’s goal …
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Otedola Acquires More FBN Holding Shares, Increases Stake to 11.64%
by Editorby EditorNigerian billionaire and business mogul Femi Otedola has notably raised his ownership in FBN Holdings Plc, a prominent financial services group in Nigeria. Otedola, who has been consistently acquiring shares …
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World Bank Disburses $45.5 Million for Nigeria’s ID4D Project
by Editorby EditorThe World Bank has released $45.5 million to aid Nigeria’s Identification for Development (ID4D) project, a bold initiative to assign distinct identification numbers to millions of Nigerians. This financial support …
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Sanlam to Acquire MultiChoice’s Insurance Business
by Editorby EditorSanlam, a top financial services group in Africa, has revealed plans to purchase MultiChoice’s insurance business to enhance its presence in the expanding digital insurance market. This acquisition will strengthen …
The Lagos State Government has restated its strong dedication to backing Small and Medium Enterprises (SMEs), highlighting their vital role in stimulating economic growth and generating employment opportunities. Governor Babajide …