Business

AfDB Targets $1bn Financing To Expand Agro-Industrial Processing In Nigeria

The scheme is set to support up to 25 states out of Nigeria’s 36 states.

12 months ago

NSIA, IFC Unveil $500m Deal To Boost Nigeria’s Investments, Transition To Renewable Energy

This project will also enhance energy access, energy efficiency and energy security.

12 months ago

Bloomberg: Dollar Scarcity Pushing More African Countries Into Economic Crises

The report said that countries with less pressing foreign-exchange needs are becoming more appealing.

12 months ago

Concerns Mount As CBN Fails To Convene Two Consecutive MPC Meetings

Analysts say the development may convey mixed signals and erode investors' confidence.

12 months ago

To Boost Oil Production, Nigeria Moves To Resolve Dispute over Sale of $1.3bn ExxonMobil Assets

“Our deliberations were incredibly fruitful, marking a significant step forward in ending the impasse,” said deputy oil minister Lokpobiri.

12 months ago

Azikel Petroleum Refinery Sign $259m Project Deal with Afreximbank

At the signing were the Presidents of Egypt, Zimbabwe, Malawi, Ex-Nigeria President Olusegun Obasanjo and Afreximbank President Benedict Oramah.

12 months ago

FCTA, Daewoo in Talks Over Citing of 5-Star Hotel in Abuja

“Even though there will be a lot of challenges for doing business between you and us, we are willing to…

12 months ago

Lachlan Murdoch Assumes Key Role as Rupert Murdoch Steps Down from News Corporation

Rupert expressed confidence in his son's ability to lead the publishing empire.

12 months ago

At Aiteo-NNPC ‘Nembe Crude’ Launch

After years of struggles to reach its production potential, Nigeria is now ready to play a key role in the…

12 months ago

NUPRC: We Did Not Award Marginal Oil Fields To Unqualified Companies

The commission said the report was incorrect and a misrepresentation of both the process and outcome of the 2020 marginal…

12 months ago