The approval will see startups through positive growth, create jobs and diversify the economy. The Nigerian government has approved tax reliefs for startups, a step to further improve the nation’s …
Category:
Western Africa
- BusinessManufacturing & Consumer GoodsPress OfficePress ReleasesTransportation & LogisiticsWestern Africa
Innoson soon to launch tricycle production in Nigeria
The company says it has produced 100 prototypes to get feedback from users in Nigeria. Innoson Vehicle Manufacturing Comapany (IVM) says it is diversifying into the production of tricycles, in …
Seplat Energy Plc has announced the appointment of Basil Omiyi as its new independent non-executive chairman. Mr. Basil Omiyi replaces A.B.C Orjiakor whose tenure ended Wednesday. According to a notice …
- EnergyOil & GasPress ReleasesTrending TodayWestern Africa
Total Energies launches sale of stake in Nigerian joint venture
French oil major TotalEnergies has launched a sale of its minority stake in a Nigerian oil joint venture. A document tendering for interest showed that the oil firm appointed Canada’s …
- Banking, Finance & InvestmentBusinessInformation & TechnologyPress ReleasesWestern Africa
MTN’s MoMo Payment Service Bank sets to begin operations in Nigeria
MoMo Payment Service Bank (PSB), the fintech subsidiary of MTN Nigeria Plc has commenced commercial operations in Nigeria. The telecom giant notified its shareholders and the investing public of the …
- Banking, Finance & InvestmentBusiness PoliciesWestern Africa
Panic as banks plan downsizing over rising operating costs
There are palpable fears of job loss in the financial sector as banks move to contain rising high operating costs.In the first quarter of the year, the cost of diesel …
- AirtelBanking, Finance & InvestmentBusinessTechnologyTelecommunicationsWestern Africa
SmartCash, Airtel’s Payment Service Bank commences operations in Nigeria
Airtel Africa Plc has announced that its payment service bank subsidiary, SmartCash has commenced operations in Nigeria. This was disclosed in a statement signed by the company’s secretary, Simon O’Hara …
The Head of Commercial Section/Commercial Counsellor, Lagos US Consulate, David Russell, yesterday, stated that the current visa environment between Nigeria and the United States of America was the biggest limiting …
- Finance & ServicesInformation & TechnologyWestern Africa
Mastercard and OPay announces strategic partnership to grow cashless ecosystem and advance digital financial inclusion for millions
Partnership will enable OPay customers to pay on global online platforms backed by Mastercard’s secure Mastercard virtual payment solution linked to the OPay wallet · OPay consumers will …
- AfricaBanking, Finance & InvestmentWestern Africa
World Bank to fund $30bn projects in Nigeria, others
The World Bank has said it is set to disburse a total of $30bn to fund existing and new projects in Nigeria and other countries as part of a global …