Nigerians’ investment in Bitcoin grew by over five per cent in 2022 despite the cryptocurrency losing $562.93bn of its market value in the same year. This year, 2022, has been …
AFRICA NEWSBusinessCryptocurrencyEconomyMarketsNigeria
Category:
Economy
- AFRICA NEWSBusinessEconomyINVESTMENTNigeria
Swiber Africa and PowerChina set up an agro-industrial park in Abia to boost foreign exchange
PowerChina and Swiber Africa have set up an agro-industrial park in Abia State to drive industrialization and boost foreign exchange earnings. The project, estimated at over $500m, is targeting to …
- Banking, Finance & InvestmentBusinessEconomyKenya News
I&M Bank Grows Sh7.1billion net profit in the third quarter of 2022
I&M Bank has posted a Sh7.1billion net profit in the third quarter of 2022, a 24.1 per cent growth from Sh5.7billion posted in the same period in 2021. During the …
- BusinessEconomyINVESTMENTMarketsMoroccoTechnology
Morocco’s Smartprof plans to start expanding in other West African countries
Morocco’s private tutoring marketplace Smartprof recently raised $110,000 in pre-seed funding from UM6P Ventures, Plug and Play, and business angels. In an interview with Morocco World News, Smartprof co-founder Mustapha …
- BusinessEconomyINVESTMENTMorocco
Morocco’s ambassador to Makes it’s Largest Foreign Investments in Nigeria
Morocco’s ambassador to Nigeria Moha Ou Ali Tagma has emphasized the importance of Moroccan-Nigerian cooperation, highlighting the two countries’ determination to work in different fields. In an interview with Nigerian …
- BusinessEconomyMarketsNigeriaOil & Gas
Average price for 5kg cooking gas in Nigeria increases to 71% in one year
The average price of refilling a five-kilogramme cylinder of cooking gas rose by 70.62 per cent year on year in October, the National Bureau of Statistics (NBS) has said. The bureau said …
- BusinessEconomyMarketsNigeriaOil & Gas
Nigeria exported 36% value-added products in the first six months of 2022
Nigerian businesses exported 36 per cent value-added products in the first six months of 2022, according to the Nigerian Export Promotion Council. Speaking at a press conference to announce the …
Nigeria now ranks seventh on Organization of the Petroleum Exporting Countries’ crude oil production list, according to the organization’s Monthly Oil Market Report for November, which examined oil production performance …
- AviationBusinessEconomyKenya NewsTransportation & Logisitics
Emirates to double it’s daily Flights Between Nairobi And Dubai by December 15
Emirates is set to double its daily flights between Dubai and Nairobi starting December 15 ahead of the Christmas season when bookings surge. The airline will fully restore its services …
- BuildingBusinessEconomyMorocco
UM6P partner with Start-Up Nation Central to advance innovation and startup ecosystem in Morocco and Israel
A delegation from Morocco’s Mohammed VI Polytechnic University (UM6P) visited Tel Aviv-based Start-Up Nation Central this week to advance innovation and startup ecosystems in both countries. The meeting follows the …