The Federal Government’s decision to approve a whopping N712 billion for the renovation of the old Terminal 1 of the Murtala Muhammed International Airport (MMIA) in Lagos has sparked widespread …
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Auctioneers Group Sets Up National Task Force to Clean Up Industry
The Nigerian Auctioneers Group has taken a bold step to bring order to the auction industry by setting up a National Task Force Committee. This move is aimed at stopping …
- BusinessCorporate StrategyEconomyInternational TradeINVESTMENTRetail
Shoprite Moves to Exit More African Markets Amid Economic Hurdles
Shoprite Holdings, Africa’s largest supermarket chain, is gradually winding down operations in more African countries as it shifts attention back to its core market in South Africa. According to analysts …
- BusinessEconomyEmploymentEnvironmentInternational RelationsOil & Gas
Libya Urges Schlumberger to Open Oil Equipment Factories
The Chairman of Libya’s National Oil Corporation (NOC), Engr. Masoud Suleiman, has called on Schlumberger Middle East (SLB), one of the world’s leading oilfield service companies, to establish branches of …
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Rwanda Targets $200m Investment with New FinTech Plan
Rwanda has taken another big step in its push to become one of Africa’s top technology and digital finance centres. The East African country has officially launched a new National …
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Shiga Digital Launches Mobile App for Stablecoin Payments in Africa
Shiga Digital, a blockchain-based fintech company, has introduced its brand-new mobile apps for Android and iOS users, a move aimed at making digital financial services easier for businesses and individuals …
- BusinessDiplomacyEconomyGovernment PolicyInternational RelationsInternational TradeSouth Africa
South Africa Plans Response to Looming U.S. Import Tariffs
The South African government has begun putting together a comprehensive response plan to deal with the growing uncertainty caused by the possible collapse of trade talks with the United States. …
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Enugu blackout: States insist on licensing new Discos, accuse EEDC of blackmail over tariff cut
The Enugu Electricity Distribution Company (EEDC) is facing heavy criticism from state governments after it drastically cut power supply to MainPower Electricity Distribution Limited (MEDL), leaving parts of Enugu State …
- EconomyEnergyGOVERNMENTInfrastructureINVESTMENTOil & Gas
Lokpobiri Begs EPC Contractors to Return as Nigeria Seeks Oil Sector Revival
The Minister of Petroleum Resources (Oil), Heineken Lokpobiri, has called on Engineering, Procurement, and Construction (EPC) companies that exited Nigeria in recent years to return, as the country pushes for …
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AI Can Help African Governments Save $150 Billion Annually – Expert
Governments across Africa could save up to $150 billion (about ₦226 trillion) annually by adopting Artificial Intelligence (AI) in public service delivery, according to Mr. Harun Katusya, a senior consulting …