The United Kingdom and the United States have emerged as the top destinations for physical cash flown out of Kenya, according to a new report released by the Central Bank …
Economy
- Banking, Finance & InvestmentEconomyFinance & ServicesInternational RelationsKenya
- BusinessBusiness PoliciesEconomyEnergyINVESTMENTNigeriaOil & GasPolicies
Bureaucracy, Regulatory Hurdles Threaten Investment in Nigeria’s Oil and Gas Sector – Neconde Energy
The Nigerian oil and gas industry is battling serious investment and operational setbacks caused by excessive bureaucracy and a complex regulatory framework, according to Neconde Energy Limited, one of the …
- BusinessEconomyInfrastructureINVESTMENTNigeriaTrade and CommerceTransportation & LogisiticsWestern Africa
Clarion Shipping Unveils Nigeria’s First Indigenous Containership
In a major step towards improving cargo movement within Nigeria and across West Africa, Clarion Shipping West Africa Limited has launched the country’s first indigenous containership, MV Ocean Dragon. The …
- EconomyGOVERNMENTLabourNigeria
Nigerian Seafarers Demand Urgent Reforms Over Harassment, Poor Welfare
Nigerian seafarers have once again raised alarm over poor working conditions, rising harassment, and lack of support systems onboard vessels operating in the country’s waters. The call for urgent reforms …
- EconomyFinance & ServicesGOVERNMENTInternational RelationsOil & Gas
IMF Warns Nigeria’s 2025 Budget May Deepen Financial Crisis Without Urgent Reforms
The International Monetary Fund (IMF) has raised serious concerns over Nigeria’s economic outlook for 2025, warning that the country may face a deeper financial crisis if it does not urgently …
Experts in the Information and Communications Technology (ICT) sector have called on the Federal Government to develop a strong national cybersecurity policy to protect the country’s digital future. This call …
- EconomyGOVERNMENTInfrastructureOil & Gas
Nigeria’s 2025 Budget Under Threat as IMF Warns of Rising Deficit
Nigeria’s financial future is facing tough times as the International Monetary Fund (IMF) has warned that the 2025 national budget may not hold up due to falling oil prices, reduced …
- DevelopmentEconomyGOVERNMENTLabourNigeria
Lagos Mechanics Cry Out as Government Bulldozes Workshops in Costain
Tension is rising in Lagos after the Amalgamated Union of Motor Mechanics and Technicians of Nigeria (AUOMMATON) accused state-backed agents of forcefully demolishing 15 legally approved workshops at Otumara Mechanic …
- BusinessEconomyFintechMarketsNigeriaTechnology
Interswitch Launches Emotional Masterbrand Campaign Highlighting Its Role
Africa’s leading digital payment and commerce company, Interswitch, has launched a new Masterbrand campaign aimed at showcasing its crucial but often unseen role in powering the day-to-day lives of Africans. …
- BusinessEconomyFintechInsuranceNigeriaTechnology
Transparency Scape Launches InsurEase App to Simplify Insurance Access for Nigerians
A new digital platform has entered Nigeria’s insurance market with a promise to make insurance easier, cheaper, and more accessible to everyone. Transparency Scape Insurance Brokers Limited, on Tuesday, officially …