Neveah Limited, a commodities trading company has announced the completion of its Series 5 Commercial Paper Issuance. A statement said the issuance was well received and subscribed to by a …
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SEC Nigeria proposes corporate bonds exemption from tax
The Securities and Exchange Commission (SEC) Nigeria, has asked the federal government to consider its proposal to exempt corporate bonds from tax payment to boost liquidity in the Nigerian capital …
- AfricaAFRICA NEWSBusinessInformation & TechnologyNewsNigeriaSpotlightTechnologyTelecommunicationsWestern Africa
NCC grants Mafab 5 months extension to roll out 5G network
Mafab Communications, one of the two telecommunication firms that won the 5G spectrum licences in December 2021, has been issued a five-month extension for its roll out by the Nigerian …
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Zambian minister seeks Dangote’s assistance to develop fertilizer industry
The Zambian minister of Commerce and Industry, Mr. Chipoka Mulenga, has sought the assistance of the president, Dangote Group, Aliko Dangote in the development of his country’s agricultural sector. Mulenga, …
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FGN announces takeover of four underperforming DISCOs
The Federal Government of Nigeria has announced that it has completed the takeover of four struggling distribution companies, Kaduna, Kano, Ibadan, and Port Harcourt DISCOs This was announced by the …
Mr. Li Xuda, Cultural Counselor of the China Cultural Centre, Abuja says China will open its market to Nigeria for the West African country to export its art and crafts …
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Fitch projects Ghana’s interest cost to exceed 45% of revenue till 2024
Fitch, a global rating agency, is projecting an interest cost of more than 45% of revenue for Ghana from now till 2024. It says government interest costs reached 47.5% of …
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‘Dangerous Misogynist’ Andrew Tate banned from Instagram and Facebook
Controversial online influencer and self-described misogynist Andrew Tate has been banned from Meta platforms Instagram and Facebook. The former kickboxer and reality TV star was removed for violating Meta policies “on dangerous organizations and …
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FG calls on Nigerians to embrace clean energy innovations
The federal government of Nigeria has called on all Nigerians to embrace and support deployment of clean energy innovations and solutions across various sectors of Nigerian economy, even as the …
- AfricaAFRICA NEWSBusinessEconomyNewsNigeriaWestern Africa
NPA generates N172.3bn in H1, remits N78.5bn to the federation account
The Nigerian Ports Authority(NPA), on Friday, said it generated a sum of N172.3billion in the first six months of 2022, out of which it remitted the sum of N78.496billion to …