Massilia Motors, the sole distributor of Mitsubishi Motors in Nigeria, has partnered with Under 40 CEOs, a platform which inspires and motivates intending young business leaders across Africa, to launch …
Western Africa
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BusinessNigeriaTransportation & LogisiticsWestern Africa
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Public sectors union have announced their plan to strike following a breakdown in negotiations with the government over wage increases. The unions, which form part of the South African Federation …
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NICN, The National Industrial Court of Nigeria has ordered the Academic Staff Union of Universities (ASUU) to suspend its seven months old strike. The order followed the granting of an …
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AfricaAFRICA NEWSBusinessEconomyNewsNigeriaTechnologyWestern Africa
Nigerian tech startups raised Over $2b in 7 years, the highest on the continent
The Nigerian startup ecosystem has recorded a significant amount of growth in terms of investments, with Lagos taking the lead. According to a report, about 383 Nigerian tech startups raised a …
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The Debt Management Office (DMO) said Nigeria’s total public debt stock, which was N41.60 trillion (100.07 billion dollars) in March rose to N42.84 trillion (103.31 billion dollars) by June. According …
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AfricaAFRICA NEWSNewsNigeriaWestern Africa
Nigeria seizes $278m of cocaine in country’s biggest drug bust
Nigeria’s anti-narcotics agency seized cocaine worth $278 million on Monday, the biggest single drug bust in the country’s history, it said on Twitter on Monday. The 1.8 tons of cocaine …
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AfricaAFRICA NEWSBusinessEnergyNewsNigeriaOil & GasWestern Africa
NNPC says Nigerians won’t experience petrol scarcity in December and beyond
The Nigerian National Petroleum Company Limited ( NNPC) says the country will not experience petrol scarcity in December and beyond as it has made adequate arrangements for supply. Mr Umar Ajia, …
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AfricaAFRICA NEWSAirtelBusinessBusiness InsightsDangote IndustriesMobile Telecommunications Network (MTN)NewsNigeriaTelecommunicationsWestern Africa
Top 5o Brands: Dangote emerges most valuable brand in Nigeria
The 2022 annual top corporate brand evaluation report, “TOP 50 BRANDS NIGERIA” has been released. Dangote Group, a fully integrated Conglomerate has again emerged as the Most Valuable Brand in …
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AfricaAFRICA NEWSBusinessEconomyNewsNigeriaWestern Africa
NCC to generate N500b from 5G spectrums auction next year
The Nigerian Communication Commission(NCC) says it plans to generate over N500 billion as revenue for the Federal Government from the auctioning of two 5G spectrums in 2023. Prof. Umar Danbatta, …
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AfricaAFRICA NEWSBanking, Finance & InvestmentBusinessEconomyGhanaWestern Africa
Bank of Ghana to sell $420m to BDCs in the final quarter of 2022
The Bank of Ghana will sell a total of $420 million to Bulk Oil Distribution Companies via banks in the final quarter of this year, in its Foreign Exchange Auctions. …