The Nigeria Customs Service (NCS), Federal Capital Territory (FCT) Command, has intercepted $193,000 in undeclared foreign currency concealed within a yogurt carton at the Nnamdi Azikiwe International Airport, Abuja. This …
Western Africa
- CrimeEconomyNigeriaSecurityWestern Africa
- AFRICA NEWSBusinessBusiness and EconomyDigital EconomyFintechNigeriaTechnologyWestern Africa
Visa Inc. to Establish Data Center in Nigeria
In a significant boost to Nigeria’s digital economy, global payment giant Visa Inc. has announced plans to establish a data center within the country. This move underscores Visa’s commitment to …
- AgribusinessAgricultureBusinessBusiness and EconomyFood ProductionFood ProductionNigeriaTrade and CommerceWestern Africa
Nigeria’s Cashew Industry Poised for Growth as Stakeholders Push for Sustainability
Nigeria’s Cashew Industry Poised for Growth as Stakeholders Push for Sustainability As Nigeria’s cashew season begins, industry stakeholders are calling for renewed efforts to strengthen the sector through sustainable farming …
- AfricaBanking, Finance & InvestmentBusinessFinance & ServicesMarketsNigeriaWestern Africa
First HoldCo Rights Issue Records 25% Oversubscription, Signals Investor Confidence
In a major show of investor confidence, First Bank Holdings Plc (First HoldCo) has announced a 25% oversubscription in its recently concluded rights issue, underscoring strong market appetite for its …
- Cyber securityDigital EconomyInformation & TechnologyNigeriaTechnologyWestern Africa
NDPC Investigates TikTok, Truecaller Over Alleged Data Privacy Breaches
Abuja — The Nigeria Data Protection Commission (NDPC) has launched investigations into TikTok and Truecaller, following multiple reports of alleged violations of Nigeria’s data privacy laws. According to a statement …
- AfricaBusiness and EconomyEconomyEnergyNigeriaOil & GasWestern Africa
FG Panel Reconvenes Monday Over Naira-for-Crude Oil Controversy
Abuja — The Federal Government’s investigative panel set up to unravel the controversial “naira-for-crude oil” swap deal is expected to reconvene on Monday, March 25, amid growing public concern over …
- AFRICA NEWSAgricultureBusinessEconomyFood ProductionGOVERNMENTManufacturing & Consumer GoodsSecuritySenegalWestern Africa
Senegal’s Rice Revolution: Govt Plans Local Production of 1.4 Million Tonnes in 2025
In a bold move to curb import dependence and achieve food sovereignty, the Senegalese government has unveiled an ambitious plan to produce 1.4 million tonnes of rice locally by 2025, …
- Banking, Finance & InvestmentBusinessBusiness and EconomyEconomyFinance & ServicesManufacturingNigeriaWestern Africa
CBN Reports Sustained Growth in Nigeria’s Economic Activities
The Central Bank of Nigeria (CBN) has reported that Nigeria’s economic activities continued their upward trajectory for the second consecutive month, signalling gradual recovery and renewed optimism among businesses. In …
- AfricaAFRICA NEWSAviationBusinessBusiness and EconomyFinance & ServicesNigeriaWestern Africa
AMCON Moves to Recover Alleged N455bn Debt from Arik Air
The Asset Management Corporation of Nigeria (AMCON) has renewed its battle to recover a staggering N455 billion debt allegedly owed by Arik Air, one of Nigeria’s formerly leading domestic carriers. …
- AfricaAFRICA NEWSAviationBusinessGhanaTravel & TourismWestern Africa
Kotoka Airport’s Terminal 2 Gets New Look as Ghana Repositions for Domestic, International Flights
Ghana is reshaping its aviation landscape as authorities move to repurpose Terminal 2 of the Kotoka International Airport (KIA) to accommodate both domestic and international flight operations. The Ghana Airports …