Business

Nigeria’s Inflation Rate Increases To 27.3% Amidst Rising Food Prices

This figure marks the tenth consecutive rise in the country’s inflation rate this year.

1 year ago

Oando Secures $800m Afreximbank Commitment For Agip’s Assets Acquisition

This transaction will increase Oando’s stake in the NEPL/NAOC/OOL JV assets and infrastructure.

1 year ago

Afreximbank Promotes African Participation In Engineering, Procurement, Construction Contracts

The workshop ended with over $950 million in facility agreements signed.

1 year ago

Report: Nigeria Ranks As African Country With Most Students in US

Nigeria now sends more students to the US than Japan, Brazil and Saudi Arabia.

1 year ago

ValueJet Aircraft Slips Off Runway At Port Harcourt Airport ‘Due To Algae’

“ValueJet remains a safe airline and all the airline’s operations are normal without any glitch,” a statement from the airline…

1 year ago

In Saudi Arabia, Tinubu Negotiates Multi- Billion Dollar Funding Facility For Nigeria’s Infrastructure

"Nigeria is the candle of hope that will light the way for Africa. And once Africa is illuminated, the world…

1 year ago

Saudi Summit: Tinubu Led the Charge, Now Investors Should Take Action, Says Obaigbena 

The president led a delegation to the summit where he declared that Nigeria is open for business.

1 year ago

UBA Secures $150m Trade Finance Facility from Afreximbank

The agreement states that the facility would be utilized to finance trade and trade-related transactions in support of UBA’s clients.

1 year ago

Wabote Calls for Increased Crude Oil, Gas Production to Avert Importation for Refineries

“It will be a sad outcome if we stop the importation of refined petroleum products only to replace it with…

1 year ago

Emirates Opens Dubai Air Show with $52bn Aircraft Purchase From Boeing

The deal shows how aviation has bounced back after the groundings of the coronavirus pandemic

1 year ago