A recent research paper by Visa has shown that the top market contributors to eCommerce in Sub-Saharan Africa (SSA) over the last 3 years were South Africa, Nigeria and Kenya, …
Business Policies
- Business PoliciesTechnologyWestern Africa
- AgricultureBusiness Policies
Big irrigation projects in Africa have failed to deliver. What’s needed next
In 1938, French colonial authorities in what is today Mali started on an ambitious infrastructure plan to transform the desert into an area of agricultural production. Water was diverted from …
- AgricultureBusiness PoliciesWestern Africa
Ecobank, Vanguard Agribusiness Summit Explores Food Security Through Digitization
Ecobank of Nigeria in conjunction with Vanguard, recently hosted a virtual agribusiness summit which had as its theme, “Digitizing the Agricultural Value Chain for Unlocking Productivity, Economic Growth and Food …
- Banking, Finance & InvestmentBusiness PoliciesWestern Africa
Naira Gains 0.23% at I&E Amidst FX Demand Pressure
The Naira gained 0.23 per cent or 94 kobo against the United States Dollar at the Investors and Exporters (I&E) window of the foreign exchange market on Wednesday, June 2. …
Unlisted stocks in Nigeria on Wednesday appreciated by 0.12 per cent and the expansion was driven by Niger Delta Exploration and Production (NDEP) Plc. The share price of the company …
- Banking, Finance & InvestmentBusiness Policies
Apprehension as Naira Crashes to N700/£1 at Parallel Market
The foreign exchange (Forex) market in Nigeria was thrown into a panic mood on Monday when the value of the Naira significantly depreciated against the Pound Sterling at the parallel …
Those in need of the United States Dollar in Nigeria for the completion of their transactions are already panicking as the value they convert their Naira to the foreign currency …
Nigeria Labour Congress (NLC) has opposed the proposal by the Nigeria Governors Forum(NGF) that the price of Premium Motor Spirit, popularly called petrol, be raised from N162/litre to N408.5/litre. The …
Rescue operation still underway, says area manager of National Inland Waterways Authority The Nigerian government has declared 156 people missing in a boat mishap Wednesday in northwestern Kebbi state. Yusuf …
- Banking, Finance & InvestmentBusiness PoliciesWestern Africa
Naira Further Depreciates at Unregulated FX Window
The Naira depreciated against a basket of foreign currencies, the US Dollar, Pound Sterling and Euro, at the unregulated segment of the foreign exchange (FX) market on Tuesday, May 25. …