West Africa business news from Nigeria, Ghana, Côte d’Ivoire, Senegal and the wider ECOWAS region.
Nigeria has lost its $1.7 billion claim against JP Morgan Chase Bank over the transfer of proceeds from the sale of OPL 245 in 2011. In the judgment delivered yesterday, …
ASUU, The Academic Staff Union of Universities has moved against its members in some chapters who have failed to comply with its decision to continue with the strike, threatening to …
Dangote Cement Plc shareholders on Tuesday approved 25 per cent increase in dividend payouts amid commendations for the board and management of the cement giant. Shareholders unanimously approved 25 per …
On Tuesday, Sunday Sabiyi, the chairman of the association at the National Assembly premises in Abuja announced that the Parliamentary Staff Association of Nigeria would suspend the strike action which …
On May 18, 2022, Lagos government announced a total ban on Okada riders in 6 local government areas in the state and has recorded of 85% compliance in the last …
The Nigeria Export Processing Zones Authority (NEPZA) and the Federal Inland Revenue Service (FIRS) have signed a pact aimed at enhancing a better understanding of the Free Trade Zones Scheme’s …
JPMorgan Chase & Co won a $1.7 billion London court battle with the government of Nigeria over its role in the transfers of hundreds of millions of dollars to a …
Investors’ shares in the Nigerian stock market rose by N158bn last week as 29 firms recorded price appreciation.The All-Share Index of the Nigerian Exchange Limited and market capitalisation increased by …
Afreximbank (African Export Import Bank) has announced the disbursement of a $150 million finance facility to First Bank of Nigeria Limited under its Pandemic Trade Impact Mitigation Facility (PATIMFA). FirstBank, …
Nigeria imports about 2.4 million metric tonnes of frozen fish annually and this is taking a toll on the country’s foreign exchange reserves, the Federal Government of Nigeria lamented on …
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