AfrexInsure, the speciality insurance subsidiary of the African Export-Import Bank (Afreximbank), has onboarded Oando Plc as a strategic partner to protect the bank’s investment in Oando’s operations in Nigeria through …
economic development
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BusinessEnergyFinance & ServicesInsuranceINVESTMENTNigeriaWestern Africa
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EconomyEnergyNatural ResourcesNigeriaOil & GasPoliticsWestern Africa
Bill to Give States Control Over Oil and Mineral Resources Passes Second Reading
The House of Representatives has passed the second reading of a bill that seeks to grant state governments full control over oil and mineral resources within their territories. If passed …
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For too long, many Nigerians have underestimated the power of politics. There is a common belief that as long as the economy is thriving, political issues can be overlooked. However, …
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AgribusinessAgricultureBusinessBusiness and EconomyEconomyNigeriaWestern Africa
JR Farms and Cross River State Collaborate to Establish 30,000-Hectare Coffee Plantation
A Nigerian agribusiness company, JR Farms, has partnered with the Cross River State Government to develop a 30,000-hectare coffee plantation across the state’s 18 local government areas over the next …
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AfricaBusiness PoliciesEconomyNigeriaWestern Africa
Tax Reform Set to Eliminate Regulatory Bottlenecks and Boost MSMEs Growth
Policymakers are calling for sweeping tax reforms aimed at removing regulatory bottlenecks that have long stifled business expansion. The push for reform comes as industry players warn that cumbersome tax …
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Business and EconomyEastern AfricaEconomyTrade and CommerceUGANDA
Uganda’s Merchandise Imports Surge by 45% Amidst Economic Growth
Uganda has reported a substantial increase in its merchandise imports, reflecting a 45% growth over the past year. This surge is indicative of the country’s expanding economic activities and increasing …
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First City Monument Bank (FCMB) has broadened its reach by inaugurating a new branch in Ogbomosho, Oyo State, aiming to enhance financial inclusion and stimulate economic growth in the region. …