Aero Contractors, Nigeria’s oldest airline, says it has taken delivery of the first set of two Dash-8 (Q-400) aircraft. The airline announced this in a statement on Thursday. The Dash …
News
- AfricaAFRICA NEWSAviationBusinessNewsNigeriaTransportation & LogisiticsWestern Africa
- AfricaAFRICA NEWSBusinessEnergyNewsNigeriaOil & GasWestern Africa
OPEC says Nigeria’s oil production averaged 1.183mbpd in July
The Organisation of the Petroleum Exporting Countries (OPEC) says Nigeria’s crude oil production increased to an average of 1.183 million barrels per day (bpd) in July 2022. OPEC made this …
- AfricaAFRICA NEWSEnergyNewsNigeriaOil & GasWestern Africa
Buhari reverses approval of Seplat’s acquisition of ExxonMobil asset
Shortly after President Muhammadu Buhari authorised the acquisition of ExxonMobil Corporation assets by Seplat Energy Plc, he has made a U-turn on the deal. Buhari had on Monday approved the …
- AfricaAFRICA NEWSAviationBusinessEnergyNewsNigeriaWestern Africa
Asharami Synergy receives 3 ISO Certifications
Asharami Synergy, a Sahara Group downstream company has received three certifications from the International Organization for Standardization (ISO) in recognition of the company’s commitment to global quality, health, safety and …
- AfricaAFRICA NEWSBusinessNewsNigeriaOil & GasWestern Africa
A-Z Petroleum seeks recovery of N30bn subsidy debt from FGN
A-Z Petroleum Products Ltd, on Wednesday urged the House of Representatives to help in recovering N30 billion liabilities due to it from the Ministry of Finance, Budget and National Planning …
- AfricaAFRICA NEWSEducationNewsNigeriaPoliticsTrending TodayWestern Africa
ASUU: Umahi affirms it is impossible to borrow N1.1tn to meet Union’s demand
Governor Dave Umahi of Ebonyi State says the Nigerian government cannot borrow N1.1 trillion to meet the demands of ASUU. The Academic Staff Union of Universities (ASUU) has been on …
- AfricaAFRICA NEWSBusinessEgyptNewsNorth AfricaNorthern Africa
Egypt’s annual core inflation records 15.6% in July
The annual core inflation rate recorded 15.6 percent in July 2022, compared to 14.6 percent in June 2022, the Central Bank of Egypt (CBE) said in a statement Wednesday. The …
- AfricaAFRICA NEWSBusinessEgyptFinance & ServicesNewsNorthern Africa
Saudi PIF acquires 25% of Egypt’s e-finance
The Saudi Public Investment Fund (PIF) has purchased 25% of Egypy’s e-finance for Digital and Financial Investments’ (EFIH) shares, according to a press release on Wednesday. Accordingly, the PIF now is the largest single …
- AfricaAFRICA NEWSBusinessEgyptINVESTMENTNewsNorth AfricaNorthern Africa
Egyptian startup, Convertedin secures $3M in seed funding round
Convertedin, a marketing automation platform has announced that it raised a $3 million seed funding round from global and regional investors. CEO Mohamed Fergany confirmed the development in a media release …
- AfricaAFRICA NEWSBanking, Finance & InvestmentBusinessEconomyGhanaNewsWestern Africa
Bank of Ghana buys gold in cedis
A roadmap has been developed for the implementation of the Bank of Ghana Gold Purchase Programme. Consequently, the Economic Management Team, the Bank of Ghana, Ministry of Lands and Natural …