The Major Oil Marketers Association of Nigeria (MOMAN), an umbrella body of the largest downstream oil and gas companies in the country, has congratulated the Nigerian National Petroleum Company Limited …
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AfricaAFRICA NEWSBusinessNewsNigeriaOil & GasWestern Africa
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AfricaAFRICA NEWSAgricultureBusinessGhanaNewsWestern Africa
Ghana, Korea $8 million rice project kicks off in Assin North
The Ministry of Food and Agriculture (MoFA), in collaboration with the Korea International Cooperation Agency (KOICA) and the Assin North District Assembly, has introduced some agricultural equipment to boost rice …
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AfricaAFRICA NEWSBanking, Finance & InvestmentBusinessEconomyNewsNigeriaWestern Africa
Nigeria secures a $750m loan from World Bank
The World Bank has approved a $750 million International Development Association (IDA) credit to the Nigeria State Action on Business Enabling Reforms (SABER) Program-for-Results to help Nigeria accelerate the implementation …
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AfricaAFRICA NEWSBusinessMobile Telecommunications Network (MTN)NewsSouth AfricaSouthern Africa
MTN SA launches green energy programme
MTN South Africa has launched a request for proposal (RFP) which will see the MTN Headquarters becoming a completely “green” office. The operator, whose head office is located on the MTN …
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AfricaAFRICA NEWSBusinessNewsSouth AfricaSouthern AfricaTechnologyTelecommunications
Rain tables formal proposal for Telkom merger
South Africa’s data-only network provider Rain has tabled a formal nonbinding proposal to merge with mobile and fixed-line operator Telkom. Rain’s public expression of interest in a merger in August …
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AfricaAFRICA NEWSBusinessInsuranceNewsNigeriaWestern Africa
Tony Elumelu proposes N50m capital base for insurance brokers
Chairman of Heirs Holdings, Mr Tony Elumelu, has proposed N50 million as capital base for insurance broking firms operating in Nigeria. Elumelu, who is also founder, Tony Elumelu Foundation, said …
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AfricaAFRICA NEWSBanking, Finance & InvestmentBusinessNewsNigeriaTelecommunicationsWestern Africa
Telecoms operators say banks’ USSD debt has increased to N80b from N42 the previous year
The Association of Licensed Telecommunications Operators of Nigeria says banks’ Unstructured Supplementary Service Data (USSD) debt has increased to N80 billion from N42 billion reported in 2021. The President of …
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AfricaAFRICA NEWSBusinessNewsSouth AfricaSouthern Africa
fentanyl enough to kill more than 220,000 people found in a shipment from South Africa
The US Customs and Border Protection agency says it has seized a large quantity of deadly fentanyl in a shipment from South Africa it detained on 21 September. In total, the fentanyl …
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AfricaAFRICA NEWSBusinessGlobal NewsNewsSpotlightTechnology
Google to shut down its cloud gaming service Stadia in January 2023
Google is shutting down its cloud gaming service Stadia less than three years after its launch. According to the tech giant, users will have access to their games until 18 …
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AfricaAFRICA NEWSBusinessEconomyNewsSouth AfricaSouthern Africa
Eskom employees receive an additional 1.5% wage increase
Employees of troubled South African power company Eskom have been awarded a further 1.5% wage increase, backdated to July 2021. The Commission for Conciliation, Mediation and Arbitration (CCMA) ruled on Thursday (29 …