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 …
Western Africa
- 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 …
Lagos State Governor, Mr. Babajide Sanwo Olu, has received approval to build the Badagry Deep Seaport which was approved by the Federal Executive Council in August. A statement signed by …
- Banking, Finance & InvestmentBusinessNigeriaWestern Africa
World Bank Partners with IMF to assess Nigeria’s debt sustainability
The President of the World Bank Group, David Malpass, has said that the bank will work with the International Monetary Fund to assess Nigeria’s debt sustainability. Malpass said this during …
- Banking, Finance & InvestmentNigeriaWestern Africa
Ecobank Group announces six finalists for the fintech challenge
Ecobank Group has announced six finalists for the fifth edition of its fintech challenge. The finalists come from the Nigeria, Democratic Republic of Congo, Senegal, South Africa and Togo. The …
- BusinessNigeriaWestern Africa
Federal Government confirms zero plans to privatise Transmission Company of Nigeria (TCN)
The Federal Government has once again assured that it has zero plans to sell or privatise the operations of the Transmission Company of Nigeria (TCN). This was disclosed in a statement by …
- Banking, Finance & InvestmentNigeriaWestern Africa
House of Reps initiates suspension of sales towards Polaris bank
The House of Reps has ordered the Central Bank of Nigeria (CBN) to suspend the sale of Polaris Bank Plc. The House gave the directive on Wednesday during plenary after …
- BusinessHospitality, Travel & TourismNigeriaTransportation & LogisiticsTravel & TourismWestern Africa
Lagos state Government to commence building of Lekki-Epe Airport
Lagos State Government has been commended for the bold step taken to build an airport in the Lekki-Epe axis of the state. The Ministry of Aviation and the Nigerian Civil Aviation …
The President of the Academic Staff Union of Universities (ASUU), Emmanuel Osodeke, has said that the union will soon call off its eight-month-old strike. Mr. Osodeke said this at a …