The Central Bank of Nigeria (CBN) has invited law enforcers to investigate some Foreign exchange forward claims amounting to $2.4 billion as some stakeholders fault recent apex bank claims that …
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- AfricaAFRICA NEWSSpotlight
Bridge Collapse in Baltimore Stands to Affect the Economy
by Editorby EditorThe recent collapse of a major bridge in Baltimore is likely to have implications for automobile imports, coal shipments, and transportation in the Mid-Atlantic region. The Francis Scott Key Bridge …
- AfricaAFRICA NEWSSpotlight
Detained Binance official breaks free from custody in Nigeria amidst probe
by Editorby EditorA Binance executive who had been detained in Nigeria has escaped custody, the president’s adviser on national security said on Monday. Nadeem Anjarwalla, a British-Kenyan who is Binance’s regional manager …
- AfricaAFRICA NEWSSpotlight
Nigeria Set To Tap Into $350bn Global Outsource Market
by Editorby EditorThe Nigerian government has queued into the thriving global outsourcing market which has grossed almost $350 billion for seven top countries that engaged in it, to tap into its huge …
- AfricaAFRICA NEWSSpotlight
Canadian Embassy, NiDCOM Partners On Managed Migration
by Editorby EditorThe Canadian High Commissioner to Nigeria, Dr. Jamie Christoff has emphasised the need to partner with Nigerians in Diaspora Commission (NiDCOM) for a mutually beneficial partnership and collaboration regarding migration …
- AfricaAFRICA NEWSSpotlight
Nigeria Qatar Gas Cooperation Will Pave Way For Global Clean Energy Transition
by Editorby EditorNigeria’s Minister of Foreign Affairs, Ambassador Yusuf Maitama Tuggar has called for synergy between Nigeria and Qatar to foster gas diplomacy, and energy transition from non-renewable energy and highlighted the …
Animal welfare charities have welcomed an Africa-wide ban on the controversial donkey skin trade. It will make it illegal to slaughter donkeys for their skin in 55 countries across the …
The Federal Inland Revenue Service has assured businesses in the country of a friendly tax administration. The Executive Chairman of FIRS, Dr Zacch Adedeji, disclosed this when he hosted the …
The 2024 African Mining Indaba kicked off in Cape Town on Monday, with South African President Cyril Ramaphosa advocating for cooperation to tackle industry challenges. The 30th Investing in African …
- AfricaAFRICA NEWSEastern AfricaEthiopiaSpotlight
Ethiopia’s largest Cement Factory to operate soon
by Editorby EditorEthiopia’s largest cement factory is set to start operating soon. The Lemi National Cement Factory, once completed, will soon begin production according to company officials. The factory, currently under construction …