The Nigerian Senate, on Wednesday passed the Nigerian Startup bill, 2022 The passage of the bill followed the adoption of a report of the Senate Committee on ICT and Cyber …
Western Africa
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NCAA suspends Dana Airline operations indefinitely
The Nigerian Civil Aviation Authority (NCAA), on Wednesday, suspended Dana Airline operations indefinitely over its alleged inability to run safe operations. The move, following an investigation by the apex regulatory …
The National Grid on Wednesday suffered another system collapse resulting in blackout in some parts of the country. The Eko Electricity Distribution Company (EKEDC) confirmed the development in a statement …
Bread makers have said they would commence a four-day warning strike tomorrow, July 21 to protest the unbearable cost of doing business in Nigeria. In a statement on Wednesday, the …
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Access Bank to support education with $1.7m raised at UK charity event
Access Bank has raised $1.7 million at its Charity Polo Tournament held at The Guards Polo Club, Egham, Surrey, United Kingdom. The money, the bank said, will be directed towards …
- AfricaAgricultureBanking, Finance & InvestmentEconomyFood ProductionNigeriaWestern Africa
AfDB approves $134 million loan to Nigeria for food production
The African Development Bank (AfDB) Group has approved a $134 million loan for the National Agriculture Growth Scheme – Agro Pocket program in Nigeria to scale up food production and …
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CBN to place restriction on accounts of Nigerians converting Naira to the US dollar.
The Central Bank of Nigeria (CBN) has issued a stern warning to Nigerians converting Naira to the US dollar. According to CBN, it would place a post-no debit on bank …
Dana Airline says its Abuja-bound Boeing 737 aircraft with registration mark 5N DNA had an emergency landing in Abuja on Tuesday. The airline disclosed that the development was due to an …
Nigeria will continue its $3.5bn civil claim against Shell Plc and Eni SpA after Italian prosecutors dropped criminal proceedings against the companies, a lawyer representing Africa’s largest crude producer said. …
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Dangote Industries completes issuance of N187.6bn bond
Dangote Industries Limited, DHL, has successfully completed its N187.6 billion series 1 bond issuance which is the largest corporate bond ever issued in the history of the Nigerian capital market. …