Peter Obi, the presidential candidate of the Labour Party, has criticised the Federal Government of Nigeria over sending public officeholders on training abroad which he has described as misplaced priorities …
Western Africa
- AfricaEducationNewsNigeriaPoliticsWestern Africa
- AfricaBanking, Finance & InvestmentBusinessNewsNigeriaWestern Africa
FCMB Group records N15.4bn profit before tax in H1
FCMB Group Plc recorded a profit before tax of N15.4 billion, a 73.2 per cent year-on-year growth compared to N8.9 billion in 2021 and double-digit growth across its business segments. …
- AfricaBusinessInsuranceNewsNigeriaWestern Africa
NAICOM threatens to liquidate more insurance companies
The National Insurance Commission (NAICOM) has said that more insurance companies may be sanctioned through liquidation as part of its moves to reposition the industry. The Deputy Commissioner, Technical, NAICOM, Mr …
- AfricaEnergyNigeriaOil & GasWestern Africa
Seplat Energy announces the resignation of Arunma Oteh as non-executive Director
Seplat Energy on Thursday in a filing to the capital market, Nigerian Exchange Limited (NGX), announced the resignation of Arunma Oteh as a non-executive Director in the company. Arunma Oteh, …
- AfricaNewsNigeriaTelecommunicationsWestern Africa
Nigerian govt to implement 5% excise duty on telecom services
The federal government of Nigeria says it will start implementing a five percent inclusive excise duty on telecommunications services in Nigeria. The development is coming months after President Muhammadu Buhari approved excise …
- AfricaEastern AfricaNewsTransportation & LogisiticsWestern Africa
Ethiopian Airlines orders Africa’s first A350-1000
Ethiopian Airlines has already ordered 22 A350-900s, of which 16 aircraft have been delivered. With the A350-1000 upsizing, Ethiopian Airlines’ backlog consists of four A350-1000s and two A350-900s. The A350-1000 …
- AfricaBusinessNewsNigeriaOil & GasWestern Africa
Addax employees embark on strike over anti-labour practices
Addax Petroleum Development Nigeria workers have embarked on strike over anti-labor practices. Nigeria’s oil production may suffer a further decline of 22,000 barrels of oil per day as a result …
- AfricaNewsNigeriaPoliticsWestern Africa
Orji Uzor Kalu expresses hope over diaspora voting for Nigerians
Orji Uzor Kalu, Chief Whip of the Senate, says Nigerians in the diaspora will soon be able to vote from their countries of residence. He spoke on Thursday in Maryland …
- Access BankAfricaBanking, Finance & InvestmentBusinessNigeriaWestern Africa
Access Bank gets ISO certification
Access Bank Plc has attained the MSECB Management System Certificate in accordance with the management system requirements in ISO 37301:2021. This feat sees the institution become the first bank to achieve …
- AfricaBusinessBusiness and EconomyNewsNigeriaWestern Africa
Nigeria’s excess crude account Shrinks From $35m To $376,655
Nigeria’s excess crude fund has plunged to $376,655.09 at the end of June, from $35.37m in May, amid limited crude exports, biting fuel subsidies, piling debt and a struggling economy. …