Afreximbank Advocates for Strategic Investment in Africa’s Gold Sector
Afreximbank says a gold rally presents opportunity for long-term infrastructure and social investments for Africans.
Afreximbank says a gold rally presents opportunity for long-term infrastructure and social investments for Africans.
Ethiopian Airlines which transported 13.9 million passengers in the last fiscal year, is projecting a 30% increase in passengers.
Transcorp Hotels shareholders have approved N2.05bn dividend, praising expansion plans, and commending board and management for leading profitability path.
“If we sell fuel at the price everybody is expecting, we would be out of business,” says PETRON President Gillis-Harry.
NERC has mandated competitive bidding for meter prices starting May 1, providing customers with options from authorised vendors.
CBN has directed fintechs OPay, Palmpay, Kuda Bank, and Moniepoint to suspend new customer onboarding until further notice.
Oyo Governor Makinde has promised to improve infrastructure and security with a view to attracting large investments in agriculture.
Former Shell employee lawsuit unveiled the company’s secretive U.S. crude trading earnings, sparking interest and controversy over financial disclosure.
Tinubu met with chairman of A P Moller-Maersk who committed to expand existing infrastructure to accommodate bigger ships in Nigeria.
The Naira strengthened by N70 to reach N1,380/$ on the parallel market, but declined to N1,339/$ on the official window.
Nigeria plans to launch a bond by June to tap into the diaspora as a key source of forex.
Nigeria, formerly the world’s leading cocoa producer, has slipped in the ranking due to outdated farming techniques, planters say.
Kenya has accused Congo’s military of detaining two Kenyan airline staffers over cargo issues.
Minister Alake highlighted Nigeria as Africa’s top mining investment spot, citing favorable policies for investors and ease of business.
The Naira’s slide against the dollar continued for a fourth consecutive day, settling at N1,309.81/$1 at the NAFEM window.
NNPC, with the aim of increasing national refining capacity, signed agreement with ARPHL for 100,000bpd refinery in Port Harcourt.
World Bank has warned of potential oil price surge due to Middle East conflict raising global inflation by.
TikTok has said it will not sell it’s app despite threats of a ban from the US.
Dana Air’s grounding after runway incident highlights unresolved issues raised by aviation authority despite previous suspension.
Meta’s Zuckerberg says its focus on AI will increase the company’s spending significantly.
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