Presidential candidates, Peter Obi for the Labour Party and Bola Tinubu, the candidate for the incumbent APC, have both announced plans for Northern Nigeria if they are elected President. Obi promised …
Western Africa
- BusinessNigeriaPoliticsWestern Africa
PZ Cussons Nigeria came within a whisker of recording its third and biggest loss in at least nine years in 2021 but found rescue in proceeds from sale of its properties, …
- Business and EconomyNigeriaWestern Africa
Nigeria’s inflation hits increases by 20.8% amid soaring food prices
Nigeria’s inflation rate hit a 17-year high on the back of soaring food prices and supply chain disruption in September, a report by the National Bureau of Statistics (NBS) said on …
- Banking, Finance & InvestmentNigeriaWestern Africa
All you need to know about CBN’s 500K Grant for young entrepreneurs
In a bid to reduce the rate of unemployment in Nigeria, The CBN (Central Bank of Nigeria) has developed a new strategy that involves offering 500k Grants to young entrepreneurs. …
- BusinessBusiness and EconomyTechnologyWestern Africa
Workonline Communications Group extends it’s services to East London
The Workonline Communications Group, one of Africa’s largest IP transit providers, has expanded its services to East London. The telecommunications service provider deployed its seventh point of presence (PoP) in …
- Banking, Finance & InvestmentBusiness and EconomyEconomyNigeriaWestern Africa
Central Bank of Nigeria targets 7,740 agents to push eNaira adoption
The Central Bank of Nigeria is targeting no fewer than 10 agents in the 774 local government areas in Nigeria to drive the eNaira adoption. In total, the bank is …
- EconomyNigeriaTransportation & LogisiticsWestern Africa
Federal Government budgets N248bn for Lagos-Ibadan Expressway, roads
The Federal Government has earmarked N248.5bn for the construction, maintenance and rehabilitation of ongoing road projects nationwide. This was revealed after an analysis of the 2023 appropriation bill presented by …
The exchange rate between the Naira and the US dollar has fallen to a record low on the black market, trading at a minimum of N742/$1 on Monday morning. This is according …
- Global NewsTechnologyTransportation & LogisiticsWestern Africa
Mercedes-Benz launches electric SUV including powerful AMG model
Mercedes-Benz Group AG is broadening its battery-powered lineup with a sport utility vehicle that will take on Tesla Inc.’s Model Y in another step toward the automaker’s goal to go …
- BusinessNigeriaTransportation & LogisiticsWestern Africa
Badagry Deep SeaPort to generate $53 billion within concession period, Sanwo Olu says
The Governor of Lagos State, Babajide Sanwo-Olu has said that the $2.9 billion Badagry Deep Seaport is expected to generate over $53billion within its concession period. Sanwo-Olu disclosed this in a …