The UM6P-Al Moutmir direct seeding program plans to extend its offer to cover over 25,000 hectares for the 2022-2023 agricultural season in Morocco. The initiative is part of the program’s …
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- AgricultureBusinessEconomyMarketsMorocco
- BusinessFinance & ServicesManufacturing & Consumer GoodsMarketsMorocco
Nigerian Breweries to issue bonus shares to it’s shareholders
Heineken-backed Nigerian Breweries PLC will issue one new extra share to its shareholders for every four held by them, according to a regulatory filing seen by PREMIUM TIMES, its first bonus issue in …
- AFRICA NEWSBusinessCryptocurrencyEconomyMarketsNigeria
Nigerians’ investment in Bitcoin increases by 5% in 2022
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 …
- 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 …
- 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 …
- AgricultureBusinessEconomyMarketsNigeria
AFEX commodities projects Rice, maize, sorghum, and cocoa to slump by 11.5%
The Nigerian commodities market player, AFEX has projected an average decline in production of up to 11.5 per cent across commodities like maize, paddy rice, sorghum, and cocoa. AFEX revealed …
- BusinessCryptocurrencyMarketsSouth Africa
cryptocurrency market maker Ovex cancelled FTX financial services license in South Africa
South African cryptocurrency market maker Ovex has cancelled and removed FTX as a juristic representative, cutting off the international exchange’s access to its local Financial Service Provider (FSP) license. “FTX …
Despite being a traditional energy import market, Morocco has worked on building competitive renewable energy infrastructure which contributed to boosting the attractiveness of the domestic market among foreign investors. This …