The National Bureau of Statistics on Friday revealed that the nation’s headline inflation rate increased to 18.60 per cent in June, up from 17.71 per cent in the previous month. …
Western Africa
- AfricaEntrepreneurshipTechnologyWestern Africa
Flutterwave Announces Graduate Trainee Program and 3rd Edition of Job Fair
Flutterwave, Africa’s leading payments technology company, is officially announcing the launch of The Flutterwave Graduate Trainee Program. This program aims to nurture 200 young Nigerians by teaching them technical, and …
- AfricaBanking, Finance & InvestmentBusinessGlobal NewsNigeriaWestern Africa
UBA opens branch in Dubai
The United Bank for Africa (UBA) has officially launched a new branch in the United Arab Emirates (UAE). The Nigerian tier-1 bank is extending its operations to the oil-rich Middle East country …
- AfricaGlobal NewsHealthcareHospitality, Travel & TourismWestern Africa
Akwaaba Travel Market Partners Turquaz Health Tourism
The organisers of AKWAABA African Travel Market have announced a partnership with Turkish firm Turquaz Health Tourism as their Official Exclusive Partner for this year’s AKWAABA event. Turquaz Health is …
- AfricaBusiness and EconomyNewsNigeriaWestern Africa
Naira hits 620/$ at parallel market as FX demand surges
The naira fell to N620 per dollar yesterday at the parallel market amid the lingering scarcity of the greenback. The figure represents a depreciation of N5 or 0.8 percent from …
- AfricaEntrepreneurshipMobile Telecommunications Network (MTN)NigeriaWestern Africa
BOI, MTNF offer training, N2 million credit to female entrepreneurs
Nigeria’s Bank of Industry (BOI) and telecoms company, MTN, have announced a business initiative that will train female entrepreneurs and provide them with loans and grants. The effort, through MTN’s Y’ellopreneur, …
- AfricaBusiness and EconomyNigeriaWestern Africa
DMO justifies external borrowing as Nigeria’s sovereign bonds lose appeal
The Debt Management Office (DMO) said the Federal Government’s debt mix aligns with the Debt Management Strategy 2020-2023 The organisation also claimed the government’s recourse to external debt is aimed …
The Major Oil Marketers Association of Nigeria (MOMAN) has called for the commencement of gradual deregulation of the downstream oil and gas sector to reflect the current price of petroleum …
A leading global Oil & Gas refining company, Maire Tecnimont Group has pledged to support Nigeria both in unlocking greater values by processing its natural resources and in developing circular economy …
- AfricaBanking, Finance & InvestmentBusinessNigeriaWestern Africa
Banks’ borrowings from CBN hit N595.34bn in two months
The Central Bank of Nigeria (CBN) through its Standing Lending Facility in two months, lent to commercial banks a total of N595.34 billion. The figure is captured in its recently …