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 …
Nigeria
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AfricaHospitality, Travel & TourismNigeriaTransportation & LogisiticsTrending TodayWestern Africa
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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 …
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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 BankAfricaBanking, Finance & InvestmentEducationNigeriaWestern Africa
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 …
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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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AfricaBanking, Finance & InvestmentNewsNigeriaWestern Africa
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 …
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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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Banking, Finance & InvestmentBusinessNigeriaSpotlightTechnologyWestern Africa
Kuda Bank to add charges to deposits above N10,000 from July 15
Kuda Bank has stated that it will start charging N50 to all deposits of N10,000 or more made into customers’ Kuda account. In a mail by the bank to its …
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BusinessHealthcareNigeriaWestern Africa
Fidson Healthcare plans to pay shareholders N1 billion dividend
Fidson Healthcare is to pay shareholders over N1 billion in dividend and also issue them one new share for every 10 they own in the company, both representing the planned …
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AirtelNigeriaTechnologyTelecommunicationsWestern Africa
Airtel Africa settles senior debt of $450 million due in 2024
Airtel Africa disclosed Friday it has settled nearly half of its $1 billion guaranteed senior notes set for maturity in May 2024, barely a fortnight after it made a call for redemption to …